Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
SECI Invites Bids for 1000 MW Battery Energy Storage Projects Updated On Thu, Apr 14th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has issued invited bids for the selection of battery energy storage system developers for setting up of 1000 MWh (500 MW x 2 hrs) battery energy storage systems in India for “on demand” usage under tariff-based competitive bidding (ESS-I). The Projects will be set up under “BOOT” model. Key details […] Read more
Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
O2 Power, US-based Powin form JV for energy storage solutions in India Updated On Mon, Apr 11th, 2022 by Saurenergy O2 Power, a Gurugram-based renewable energy producer, and Powin, a US-based battery energy storage firm, on Friday said they have signed a memorandum of understanding to provide battery storage solutions for the Indian renewable energy market. According to the official press release, Powin will be responsible for the delivery and commissioning of the battery energy […] Read more
Gautam Solar Introduces ‘Gel Battery’ for Better Storage Across Sectors Updated On Thu, Apr 7th, 2022 by Saurenergy Gautam Solar has launched a new Gel Battery for domestic and international markets to address the need for energy storage for solar power plants, electric vehicles, telecom and rural electrification. Gautam Solar says that its Gel Batteries are cost -effective, thermally stable, long lasting and sealed maintenance free with no topping up ever required. Gautam […] Read more
Director, Energy Storage Systems (ESS), Electromobility Updated On Tue, Apr 5th, 2022 by Saurenergy As a Director, you will lead the technology area, Energy Storage System (ESS), responsible for the development of battery modules, packs and other related components and systems for the electric vehicle driveline in cooperation with colleagues within the electromobility team in your own department as well as globally with sister-teams in Sweden. As well as […] Read more
Greenko raises $750 M from bond sale to create energy storage facility Updated On Fri, Apr 1st, 2022 by Saurenergy Greenko Wind has raised USD 750 million from a global bond issue for creating an energy storage facility in Andhra Pradesh, company officials said on Thursday. The company secured pricing of 5.50 per cent for its USD 750 million green bond issuance after starting the roadshows on Wednesday, bankers said. The bonds, raised by Greenko […] Read more
Sungrow Expands UK Presence With 362 MW/391 MWh Storage Project For Statera Updated On Tue, Mar 29th, 2022 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, announced that the company’s project with Statera Energy, a market leader in the provision of flexibility to the UK grid, to supply a 362 MW/391 MWh energy storage project in the UK is on schedule. The first phase of the project was grid-connected in Q1, 2022, […] Read more
U.S. energy storage market sets Q4 record for new installations: WoodMac Updated On Fri, Mar 25th, 2022 by Saurenergy The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […] Read more
