Germany’s Battery Storage Capacity Soars To 19 GWh In 2024 Updated On Mon, Feb 3rd, 2025 by Saurenergy After exceeding the 100 GW mark in solar energy production in 2024, Germany has now installed more than 1.8 million storage systems with a total capacity of 19 gigawatt-hours (GWh) at the turn of the year. This is mathematically sufficient to store the average daily electricity consumption of more than two million two-person households in […] Read more
Telangana Targets 20 GW RE, Storage Capacity Additions By 2030 Updated On Mon, Jan 27th, 2025 by Saurenergy Shortly after releasing its draft renewable energy policy earlier this year, the Telangana government unveiled its official Renewable Energy Policy for 2025. The Telangana Renewable Energy Development Corporation Ltd (TGREDCO), has now issued a policy, setting an ambitious target to boost the state’s renewable energy capacity, aiming for 20 GW of renewable energy and storage […] Read more
Global Battery Storage Capacity Set To Reach 2,200 GW By 2050: Report Updated On Mon, Jul 15th, 2024 by Saurenergy BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global coal-fired generation by 2050, with significant decreases expected across most […] Read more
MPPCL Issues Tender for Procurement of 500 MW Energy Storage Capacity Updated On Tue, Oct 31st, 2023 by Saurenergy Madhya Pradesh Power Management Company Limited (MPPMCL) has issued a tender inviting bids for the procurement of 500 MW of energy storage capacity with a discharge duration of six hours and a maximum discharge period of hours. The energy storage system will harness the potential of Pumped Hydro Storage Plants (PHSPs) for a 40-year duration […] Read more
ENGIE Acquires 6 GW of Solar, Storage Capacity From Belltown Power US Updated On Fri, Oct 28th, 2022 by Saurenergy ENGIE North America has announced it has acquired a 6-GW portfolio of solar, paired and standalone battery storage development projects from Belltown Power US. The transaction includes 33 projects comprising some 2.7 GW of Solar with 0.7 GW of paired storage and 2.6 GW of stand-alone battery storage. Belltown Power looks into the greenfield development […] Read more
Ayana, Greenko Partner to Develop 6000MWhr Storage Capacity Updated On Tue, Feb 15th, 2022 by Saurenergy Greenko Group and NIIF-backed Ayana Renewable Power have entered into an agreement to provide standalone storage capacity in a template that sets a standard for such transactions in India, the companies announced in a recent statement. Under the partnership, the companies will develop firm and dispatchable renewable energy solutions, including round-the-clock power supply of up […] Read more
The US Doubles Down On Energy Storage Capacity Updated On Mon, Dec 13th, 2021 by Saurenergy The market for energy storage in US is making big strides, driven by the record growth in the past year even though Covid pandemic upset the momentum of various other industries across the world. Renewable storage market has rather been holding up the country’s economic prospects. Over the year 2020, 1,464 MW/3,487 MWh of new […] Read more
Chile to Double its Energy Storage Capacity Together with AES Updated On Wed, Nov 10th, 2021 by Saurenergy In line with the objective of achieving carbon neutrality, Chile and AES have joined forces to accelerate the country’s energy transition by increasing their battery-based energy storage capacity, Santiago-based AES Andes announced recently. Within the framework of the company’s participation in the 2021 United Nations Climate Change Conference – known as COP26 – which takes […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
