Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon Updated On Thu, Aug 1st, 2019 by Saurenergy For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […] Read more
Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Tesla Introduces New Battery for Utility Scale Energy Storage Updated On Wed, Jul 31st, 2019 by Saurenergy To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […] Read more
WFEC, NextEra Sign PPA for Largest Combined Wind-Solar-Storage Project in US Updated On Mon, Jul 29th, 2019 by Saurenergy WFEC has entered into a PPA with NextEra Energy, for the largest combined wind, solar and energy storage project in the US. Western Farmers Electric Cooperative (WFEC) has announced that it has entered into a power purchase agreement (PPA) with a subsidiary of NextEra Energy Resources, for the largest combined wind, solar and energy storage […] Read more
China’s CATL Joins Next Energy for Battery Storage Business in Japan Updated On Sat, Jul 27th, 2019 by Saurenergy CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […] Read more
China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more
Growatt Introduces Smart Solar Storage Solutions in Australia Updated On Wed, Jul 3rd, 2019 by Saurenergy At the SEC (Smart Energy Council) in Melbourne on June 27, 2019, Growatt introduced its latest smart storage ready inverter, TL-XH. Australia’s growing battery storage industry has prompted the update of battery rules. From June to July Growatt will join a number of senior industry experts in New Battery Rules Training Workshops held by Australia’s […] Read more
Sungrow Inks Supply Pact with Smart Power for Energy Storage Proj in Germany Updated On Wed, Jun 26th, 2019 by Saurenergy “This project represents a continued commitment for international energy storage partners and customers,” said James Wu. One of the global leading inverter supplier for renewable, Sungrow has inked a supply pact with Smart Power for supply of energy storage systems for a 30MW (i.e. 10MWx3) capacity project in Germany. Germany-based general contractor and developer company, Smart […] Read more
NV Energy Announces Projects Worth 1200 MW Solar and 590 MW Storage Updated On Tue, Jun 25th, 2019 by Saurenergy NV Energy has announced the addition of nearly 1,200 MW of new solar generation to be built in the state, along with 590 MW of battery storage. Nevada-based power utility, NV Energy has announced the addition of nearly 1,200 MW of new solar PV generation to be built in the state, along with 590 MW […] Read more
