Residential Storage Market Project to Reach $17.5 Bn by 2024 Updated On Thu, May 9th, 2019 by Saurenergy A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […] Read more
Fast Charging Lithium-Ion Batteries which can Maintain their Capacity Updated On Wed, Apr 17th, 2019 by Saurenergy A team of researcher has developed a way to make lithium-ion batteries that can charge within minutes but still operate at a high capacity. A team of researcher from the Rensselaer Polytechnic Institute in the US, have developed a way to make lithium-ion battery that can charge within minutes but still operate at a high capacity, an advancement […] Read more
EDP Deploys Portugal’s First MW-Scale Solar Plus Storage Project Updated On Fri, Apr 12th, 2019 by Saurenergy Portuguese power utility company, EDP has announced that it will deploy its largest solar photovoltaic farm with energy storage in Portugal. The company has signed an agreement with battery maker Exide Technologies. It provides for the deployment of two photovoltaic solar production units, with a total capacity of 3.8 MW, for self-consumption in its facilities […] Read more
The Renewable Energy Storage Conundrum has a New Solution: Proton Conducting Fuel Cell Updated On Mon, Apr 1st, 2019 by Saurenergy Two research teams have worked out a way for a better performance by the new proton conducting fuel cells, that can make fuel and reconvert it to electricity using just one set of catalyst, increasing the energy efficiency in these cells and in turn standing out as a viable solution for the renewable energy storage […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
Can Power Storage Become a Real Option for Managing Demand Peaks and Troughs? Updated On Thu, Mar 28th, 2019 by Saurenergy Power Storage – Need of an Hour Nowadays, electricity is generated from many sources including renewable energy, as most of the economies globally are rigorously shifting towards clean and green sources of power generation such as – solar and wind. However, energy generation from different sources has variable outputs. Hence, power storage technologies have immense […] Read more
Sungrow Launches New 1500V Energy Storage System Updated On Fri, Mar 15th, 2019 by Saurenergy This containerised solution integrates energy storage inverters, lithium-ion batteries and medium-voltage transformers, which significantly saves on initial investment and upcoming O&M costs. As a global leading inverter solution supplier for renewables, Sungrow is showcasing multiple solutions at the ongoing Energy Storage Europe exhibition. These solutions help plant owners utilise solar energy efficiently before and even after […] Read more
National Mission on Transformative Mobility and Battery Storage Gets Cabinet Approval Updated On Fri, Mar 15th, 2019 by Saurenergy The Mission will define the roadmap for transformative mobility in “New India” by introducing a sustainable mobility ecosystem and fostering Make-in-India to boost domestic manufacturing and employment generation in the country. The Union Cabinet has approved the setting up of the National Mission on Transformative Mobility and Battery Storage, to drive clean, connected, shared, sustainable […] Read more
BSES Yamuna Commissions Solar Microgrids With Energy Battery Storage Updated On Thu, Mar 14th, 2019 by Saurenergy BYPL has launched a pilot to establish solar microgrids, becoming one of the first discoms in the country to do so in an urban setting. In its quest to take rapid strides for sustainable development, BSES Yamuna Power Limited (BYPL) has launched a pilot to establish solar micro-grids, becoming one of the first discoms in […] Read more
