EnSync Energy Sells 20-Yr Solar-Plus-Storage PPA with Kona Brewing Updated On Tue, Oct 9th, 2018 by Saurenergy 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 […] Read more
California Commits $800Mn for Clean-Energy Technologies, Storage Updated On Wed, Oct 3rd, 2018 by Saurenergy 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 […] Read more
World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally Updated On Fri, Sep 28th, 2018 by Saurenergy 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 […] Read more
IESA to Host 2nd India Energy Storage Policy Forum Updated On Mon, Sep 17th, 2018 by Saurenergy 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 […] Read more
US Energy Storage Market Jumps 42% QoQ: Report Updated On Mon, Sep 10th, 2018 by Saurenergy 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 […] Read more
Global Experts on Solar, Storage Called on by PM Modi for Inputs on Affordable Solar Power for All Updated On Tue, Aug 28th, 2018 by Saurenergy Further, the discussion theme was based on the role of the Indian diaspora in capacity building for affordable solar power. In a bid to provide a further boost to the country’s renewable drive, the global experts from the solar and storage industry were called on by the Prime Minister Narendra Modi seeking their valuable suggestions […] Read more
MNRE Tweaks ‘storage’ in Wind-Solar Hybrid Policy Updated On Tue, Aug 14th, 2018 by Saurenergy 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 […] Read more
National Energy Storage Mission Updated On Thu, Aug 9th, 2018 by Saurenergy 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 […] Read more
Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio Updated On Sat, Aug 4th, 2018 by Saurenergy 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 […] Read more