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EnSync Energy Sells 20-Yr Solar-Plus-Storage PPA with Kona Brewing

As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new brewery in Kailua Kona, Hawaii. EnSync Energy Systems has sold a 20-year Power Purchase Agreement (PPA) with Kona Brewing Company to an undisclosed investor. As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new […]

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California Commits $800Mn for Clean-Energy Technologies, Storage

The measure has been signed aiming to capture, for California, electricity generated by solar panels during daylight hours to help keep the lights on after the sun goes down. Embracing measures to increase reliability on renewable energy, California State Governor, Jerry Brown has signed committing USD 800 million for clean energy technologies and home energy […]

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World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally

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 […]

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IESA to Host 2nd India Energy Storage Policy Forum

The IESA forum will focus on policy issues related to grid and off grid applications to support renewable development, energy storage for EVs and charging infrastructure as well as R&D and manufacturing ecosystem in India. India Energy Storage Alliance (IESA) is to host the second edition of India’s Energy Storage Policy Forum on the eve […]

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US Energy Storage Market Jumps 42% QoQ: Report

The energy storage market in US has tremendously increased from 43.6 MW in Q1 2018 to 61.8 MW in Q2 2018 whereas the market grew 60 percent year-on-year. A leading clean energy data and information aggregator suggests US’s energy storage market to have jumped 42 percent from the previous quarter. The energy storage market in […]

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MNRE Tweaks ‘storage’ in Wind-Solar Hybrid Policy

The ministry has emphasized on the use of pumped hydro, compressed air and flywheel technology for the power storage purposes. Widening the scope of power storage in its Wind-Solar Hybrid Policy, MNRE has removed the word ‘battery’ from certain clauses in order to encourage use of other means of power storage devices. Further, the ministry […]

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National Energy Storage Mission

An Expert Committee under the chairpersonship of Secretary, Ministry of New and Renewable Energy, with representatives from relevant Ministries, industry associations, research institutions and experts was constituted by the Ministry of New & Renewable Energy to propose draft for setting up National Energy Storage Mission (NESM) for India. The Expert Committee referred has proposed a […]

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Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio

The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […]

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