Okaya Bags Prestigious “Emerging Energy Storage Company of the Year” Award from IESA Updated On Wed, Jan 16th, 2019 by Saurenergy Okaya Power Group, a world class battery and inverter manufacturing company has received the most distinguished “Emerging Energy Storage Company of the Year” award from India Energy Storage Alliance (IESA). IESA, which is a leading body aimed at making energy storage sector in India more competitive and efficient, bestowed the esteemed award upon Okaya for […] Read more
Iowa’s First Solar and Storage Power Plant Goes Live Updated On Wed, Jan 9th, 2019 by Saurenergy The cutting edge facility incorporates both single-axis tracking and vanadium-flow battery energy storage. Maharishi University of Management’s new solar power plant, designed and installed by Ideal Energy powered up for the first time in Mid-December. The cutting edge facility incorporates both single-axis tracking and vanadium-flow battery energy storage. The plant is the first system of […] Read more
Volvo Researches on E-Bus Batteries Used to Store Solar Energy Updated On Thu, Dec 6th, 2018 by Saurenergy Volvo Buses is taking part in a research project whereby used electric bus batteries get a second lease of life as solar energy storage units. The inauguration of what is probably Europe’s first ever energy warehouse using electric bus batteries is currently under way. The batteries from electric bus in Gothenburg and Sweden, are getting a […] Read more
SRM University, Amara Raja Batteries to Host Conference on Green Energy Technologies for Smart Cities Updated On Tue, Dec 4th, 2018 by Saurenergy Over 45 international delegates from over 10 countries and 150 delegates from across India will be attending the event. SRM University-AP, in association with Amara Raja Batteries is hosting an “International Conference on Green Energy Technologies for Smart Cities (GETSC-2018)” at SRM University-AP, Amaravati during December 19 – 21, 2018. The conference will be inaugurated by Dr. V K Saraswat, Member, NITI […] Read more
What to Expect from India’s National Energy Storage Mission Updated On Thu, Nov 1st, 2018 by Saurenergy Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […] Read more
AFRICA: World Bank invests in batteries to boost solar energy Updated On Sat, Oct 20th, 2018 by Saurenergy The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […] Read more
SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally Updated On Fri, Sep 28th, 2018 by Saurenergy Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […] Read more
