Sungrow to Supply to Tata Power's 60.56 MWh Battery Energy Storage Project in Ladakh

Sungrow to Supply to Tata Power’s 60.56 MWh Battery Energy Storage Project in Ladakh

Inverter manufacturer Sungrow has announced that it will be supplying its storage solutions to Tata Power Solar Systems' (TPSSL) 60.56 MWh battery energy storage system (BESS) project at Phyang, in ...
Battery Company Solid Power Reports 358% YoY Increase in Revenue in Q1 2022

Battery Company Solid Power Reports 358% YoY Increase in Revenue in Q1 2022

Solid Power, an all-solid-state rechargeable battery cells manufacturer, reported a revenue of $2.2 million in the first quarter (Q1) 2022, a 358% year-over-year (YoY) increase compared to $480,000 in Q1 ...
Energy Storage Firm Stem Posts 166% Growth in Revenue, Secures Supply Chain for 2022

Energy Storage Firm Stem Posts 166% Growth in Revenue, Secures Supply Chain for 2022

Stem, a smart energy storage company, posted revenue of $44.1 million in the first quarter (Q1) of 2022, a year-over-year (YoY) spike of 166% from $15.4 million in the same ...
Energy Storage Solutions Provider Eos Energy's Revenue Up by 6.5% QoQ in Q1 CY 2022

Energy Storage Solutions Provider Eos Energy’s Revenue Up by 6.5% QoQ in Q1 CY 2022

U.S.-based Eos Energy Enterprises, a sustainable zinc-based energy storage solutions provider, has announced the results for the first quarter (Q1) of the calendar year (CY) 2022. The company reported a ...
Emerging Economies Like India Must Focus on Storage Technologies Report

Emerging Economies Like India Must Focus on Storage Technologies: Report

A recent report by the Massachusetts Institute of Technology's Energy Initiative (MITEI) has studied the role of energy storage technologies with variable renewable energy resources to establish deep decarbonized electricity ...
Battery Storage Company Flux Power's Revenue Up by 89% YoY in Q3 FY 2022

Battery Storage Company Flux Power’s Revenue Up by 89% YoY in Q3 FY 2022

U.S.-based lithium-ion storage solutions provider Flux Power Holdings recorded $13.2 million in revenue in the third quarter (Q3) of the fiscal year 2022, an increase of 89% from $7 million ...
Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

Plug Power, a U.S.-based hydrogen fuel cell (HFC) turnkey solutions company, recorded a revenue of $140.8 million in the first quarter (Q1) of 2022, a 96% year-over-year (YoY) growth compared ...
Battery Technology Company Romeo Power Logs $11.6 Million Revenue in Q1 2022

Battery Technology Company Romeo Power Logs $11.6 Million Revenue in Q1 2022

Romeo Power, a U.S.-based battery technology company, recorded total revenue of $11.6 million in the first quarter (Q1) of 2022, a 955% year-over-year (YoY) increase compared to $1.1 million in ...
US Announces $3 Billion Funding to Boost Domestic Battery Manufacturing & Supply Chains

US Announces $3 Billion Funding to Boost Domestic Battery Manufacturing & Supply Chains

The U.S. Department of Energy (DOE) announced $3.16 billion in funding from President Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing, bolster domestic supply chains, and spur job creation ...
Draft Battery Swapping Policy Released

Draft Battery Swapping Policy Released

NITI Aayog has issued the draft battery swapping policy addressing the key technical, regulatory, institutional, and financing challenges to help India develop battery-swapping ecosystems to unlock the large-scale adoption of ...
Researchers Develop Technology to Store, Convert Solar Energy to Electricity on Demand

Researchers Develop Technology to Store, Convert Solar Energy to Electricity on Demand

The researchers at Chalmer’s University of Technology, Sweden, have developed a solution-and-neat-film-based Molecular Solar Thermal energy storage system (MOST) to capture solar energy and convert it into electricity on demand ...
SECI Invites Bids for 1 GWh Standalone Battery Energy Storage Systems

SECI Invites Bids for 1 GWh Standalone Battery Energy Storage Systems

Solar energy Corporation of India (SECI) has issued a request for selection (RfS) to set up pilot projects of 500 MW/1000MWh standalone battery energy storage systems (BESS) under a build, ...
US Installs a Record 4.7 GWh of Energy Storage Capacity in Q4 2021

US Installs a Record 4.7 GWh of Energy Storage Capacity in Q4 2021

The U.S. energy storage system (ESS) market registered a record growth in new system installations with 4,727 MWh in the fourth quarter (Q4) of 2021, according to global research and ...
Global Lithium-ion Battery Capacity To Increase Five-Fold To 5,500 GWh By 2030 Report

Global Lithium-ion Battery Capacity to Increase Five-Fold to 5,500 GWh by 2030: Report

According to Wood Mackenzie, a global research and consultancy firm, the cumulative lithium-ion battery capacity is likely to rise over five-fold to 5,500 GWh between 2021 and 2030, keeping in ...
Reliance, Ola, Hyundai, Rajesh Exports Win Bid to Set Up 50 GWh of ACC for Energy Storage

Reliance, Ola, Hyundai, Rajesh Exports Win Bid to Set Up 50 GWh of ACC for Energy Storage

Reliance New Energy Solar, Ola Electric Mobility, Hyundai Global Motors, and Rajesh Exports have been approved by the Ministry of Heavy Industries (MHI) for receiving incentives under the production-linked incentive ...
Ministry Issues Guidelines to Procure Power from Battery Energy Storage Systems

Ministry Issues Guidelines to Procure Power from Battery Energy Storage Systems

The Ministry of Power has issued guidelines to procure and utilize battery energy storage systems (BESS) as part of the generation, transmission, and distribution assets, along with ancillary services. The ...
Reliance Acquires Lithium Iron Phosphate Battery Maker for $61 Million

Reliance Acquires Lithium Iron Phosphate Battery Maker for $61 Million

Reliance New Energy Limited (RNEL), a wholly-owned subsidiary of Reliance Industries, substantially acquired all assets of Lithium Werks BV, a provider of cobalt-free Lithium Iron Phosphate (LFP) batteries, for $61 ...
Researchers Develop a Pouch Cell that Can Increase the Life of Lithium-Sulfur Battery

Researchers Develop a Pouch Cell that Can Increase the Life of Lithium-Sulfur Battery

Researchers at Helmholtz Zentrum Berlin have developed a pouch cell format with different electrolytes that can help increase the life of the lithium-sulfur battery. The pouch cell could record impedance, ...
Light Can Act as an Efficiency Booster for Lithium-Ion Batteries

Light Can Act as an Efficiency Booster for Lithium-ion Batteries

Engineers from the Massachusetts Institute of Technology (MIT) and Kyushu University in Japan have demonstrated how light could be used to improve the efficiency of fuel cells, lithium-ion batteries, and ...
/ / Energy Storage, Technology
New Catalyst to Extract Hydrogen from Hydrogen Storage Materials

New Catalyst to Extract Hydrogen from Hydrogen Storage Materials

The U.S. Department of Energy’s Ames Laboratory and collaborators have developed a new catalyst to extract hydrogen from hydrogen storage materials easily. Scientists Long Qi and Wenyu Huang, who led the research, ...
/ / Energy Storage, Technology
Researchers Develop a Solid Electrolyte to Create Safer and Efficient Batteries

Researchers Develop a Solid Electrolyte to Create Safer and Efficient Batteries

Researchers at the University of Waterloo, Canada, who are members of the Joint Center for Energy Storage Research in the U.S. (JCESR), claimed that they had developed a new solid electrolyte ...
/ / Energy Storage, Technology
India's Annual Battery Market Could Surpass $15 billion by 2030 NITI Aayog Report

India’s Annual Battery Market Could Surpass $15 Billion by 2030: NITI Aayog Report

NITI Aayog, in collaboration with the Rocky Mountain Institute (RMI), recently published a report, which estimates India's future demand for batteries under an 'accelerated scenario' and a 'conservative scenario,’ to ...
US Department of Energy to Invest $2.91 Billion to Boost Advanced Batteries’ Production

US Department of Energy to Invest $2.91 Billion to Boost Advanced Batteries’ Production

The U.S. Department of Energy (DOE) issued two notices of intent to invest $2.91 billion to enhance the production of advanced batteries, critical to the fast-growing clean energy industries, including ...
Energy Storage Company Flux Power Logs $7.7 Million Revenue in Q2 FY 2022, a 19% Growth YoY

Energy Storage Company Flux Power Logs $7.7 Million Revenue in Q2 FY 2022, a 19% Growth YoY

Flux Power Holdings, a U.S.-based lithium-ion storage solutions provider, has reported a revenue of $7.7 million in the second quarter (Q2) of the fiscal year (FY) 2022, a 19% year-over-year ...
Fuel Cell Company Bloom Energy’s Revenue Up 37% YoY to $342.5 Million in Q4 2021

Fuel Cell Company Bloom Energy’s Revenue Up 37% YoY to $342.5 Million in Q4 2021

Bloom Energy, a U.S.-based solid oxide fuel cells manufacturer, has reported a revenue of $342.5 million in the fourth quarter (Q4) of 2021, a 37.3% year-over-year (YoY) growth compared to ...