Germany’s energy storage market will grow 11-fold and reach $1B by 2021: GTM Research Updated On Fri, Jul 29th, 2016 by Saurenergy GTM Research in its latest report ‘The German Energy Storage Market: 2016-2021’, has revealed that Germany’s energy storage market will grow 11-fold in megawatt terms between 2015 and 2021 and will reach an annual value of $1.03 billion. Germany is already one of the world’s leading energy storage markets. At the end of 2015, Germany […] Read more
SECI invites bid for 300MW solar projects with storage to be built in AP and Karnataka Updated On Sat, Jul 23rd, 2016 by Saurenergy Solar Energy Corp. of India (SECI) for the first time invited bids for 300 megawatts solar energy projects to be built in Andhra Pradesh and Karnataka. The project also includes storage as a requirement as part of a trial program aimed at making the renewable resource a more reliable source of power. In Andhra Pradesh […] Read more
Economics of Commercial Energy Storage in the U.S Will be Attractive by 2021: GTM Research Updated On Sat, Jul 16th, 2016 by Saurenergy Over the last two year commercial energy storage has been the fastest-growing storage segment in the U.S. Bulk of this growth occurred in California, while other markets have started to crop up in recent months. GTM Research in its report named ‘The Economics of Commercial Energy Storage in the U.S’ breaks down the commercial end-customer […] Read more
Tabuchi America announces Adjustable Solar-Plus-Storage Controls for Homes Updated On Wed, Jul 13th, 2016 by Saurenergy Tabuchi America announced new functionalities to their residential system that will help customers optimize their solar investment. The four modes integrated in the system enable customers to prioritize their specific needs from their solar-plus-storage system, from reducing costs to ensuring reliable backup power. The company in a statement said that this level of control is […] Read more
Con Edison, SunPower partners on 4MWh solar + battery storage project in New York Updated On Thu, Jun 16th, 2016 by Saurenergy Con Edison and SunPower has partnered on a pilot project to offer solar power systems with battery storage to more than 300 New York homeowners. Hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative “virtual power plant,” and homeowners with a backup system in case of […] Read more
SolarMax Technology launches its first all-in-one, fully integrated energy storage system in US Updated On Tue, Jun 14th, 2016 by Saurenergy SolarMax Technology has launched its first integrated, all-in-one–FLEX energy storage system in the US market. The company in a statement said launch timing couldn’t be better, particularly in states with a high propensity for power blackouts. In California, for example, more than 500 outages occur statewide each year. Annual report data from the state’s Public Utilities Commission […] Read more
U.S. energy storage market grew 127% year-over-year: GTM Research Updated On Fri, Jun 3rd, 2016 by Saurenergy GTM Research and ESA released latest U.S. Energy Storage Monitor report which found that U.S. energy storage market grew 127% year-over-year, but down 84 percent from the historic fourth quarter of 2015.U.S. deployed 18.3 megawatts (21.2 megawatt-hours) of energy storage in the first quarter of 2016. The first quarter continued the trend of relatively slow […] Read more
Construction Machinery Giant – Caterpillar forays into the Solar Storage and Microgrid Business Updated On Tue, May 10th, 2016 by Saurenergy Caterpillar – a known name in construction machinery and generators has forayed into the storage and microgrid markets which combine solar PV and energy storage with the company’s power generation equipment. Bringing along a years of experience in power generation –both in provider of generators and power projects, the company has acceptably sneaked into the […] Read more
S&C Electric Company completes one of the largest energy storage systems in Ohio Updated On Mon, May 9th, 2016 by Saurenergy S&C Electric Company has completed one of the largest energy storage systems in Ohio. The 7-MW system located in Minster, Ohio, was built in partnership with Half Moon Ventures (HMV) and the local municipal utility, the Village of Minster. The project at the Minster Solar + Storage Facility was officially inaugurated on May 6 t to the residents of Minster. […] Read more