Telangana Drafts A Detailed Plan for Integration of Smart Grid Technology
The Telangana State Electricity Regulatory Commission (TSERC) has drafted smart grid regulations to enhance the efficiency of its power generation, transmission, and distribution networks. The TSERC Smart Grid Regulations, 2020 ...
Zinc Battery Manufacturer Eos Energy Storage Lists on Nasdaq
Eos Energy Storage, a United States-based zinc-battery storage system manufacturer, has gone public on the Nasdaq Capital Market in a rare battery energy storage listing. The company announced that it ...
Zenobe Energy Secures £150 Million For Grid-Scale Battery and EV Charging Solutions
Zenobe Energy, a battery storage solutions provider, announced that it secured an investment worth £150 million (~$ 198.91 million) from Infracapital, the infrastructure equity investment arm of M&G. The company ...
Battery Storage Solutions Provider Form Energy Raises $70 Million
Massachusetts-based Form Energy – a startup focusing on making battery systems that can store renewable energy (solar and wind) for longer durations – said it received its largest funding yet ...
European Ultracapacitor Manufacturer Skeleton Technologies Raises €41.3 Million
Skeleton Technologies, an Estonia-based manufacturer of ultracapacitor-based energy storage, announced that it raised €41.3 million (~$48.5 million) in a Series D financing round from a group of investors. With this ...
2015-2018 Saw 70% Dip in the Price of Utility-Scale Battery Storage in the US Market
The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152/kWh in 2015 to $625/kWh in 2018, according to the U.S. Energy Information ...
VC funding for Battery Energy Storage Companies Was up 78% With $661 Million in Q3
Global corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors was up 165% in the third quarter of ...
Large Consumer Electronics Players are Leading Battery Storage Innovations Globally
Asian consumer electronics players and carmakers are driving research and development in the battery and energy storage arena, according to a joint study by the European Patent Office (EPO) and ...
Average Cost of Lithium-ion Battery Cell Likely to Plummet to $100/kWh in 2023: Report
Average lithium-ion (Li-ion) battery cell cost will fall below $100/kWh in the next three years, while improved cheaper technologies and economies of scale will drive it down to $73/kWh by ...
China Leads the Lithium-Ion Battery Supply Chain as Europe Makes Progress: BNEF Study
Chinese lithium-ion battery manufacturers are likely to retain their recently acquired number one position in the next five years. The U.S. and Sweden may emerge third and fourth by 2025, ...
Hydrogen Harnessed from Ocean Water Can Solve India’s Energy Storage Challenges: Report
The United Kingdom would need 75,000 MW of offshore wind energy to achieve net-zero emission by 2050. Such a sizeable intermittent power generation capacity could be stabilized with hydrogen generated ...
C-MET Seeks Co-funding Partners for Li-ion and Na-ion Battery Cell Manufacturing
The Center for Materials for Electronics Technology (C-MET) has invited Expressions of Interest (EoI) from interested parties for collaboration with the Center of Excellence for rechargeable battery technologies (Pre-cell). The ...
DC-DC Bidirectional Converters Offer an Innovative Energy Storage Option for Solar
The intermittent nature of renewable energy makes it imperative to store energy to maintain an uninterrupted supply of power. KEHUA, one of the leading energy solutions providers, has come up ...
IESA Rallies for Inclusion of Energy Storage Policy Framework in Electricity Act
The India Energy Storage Alliance (IESA) has submitted comments and recommendations to the Ministry of Power (MoP) on the proposed draft for Electricity (Amendment) Bill, 2020. It has proposed a ...
Levelized Cost of Storage for Standalone BESS Could Reach ₹4.12/kWh by 2030: Report
The Government of India (GoI) has set a target of achieving 175 GW of renewable power installed capacity by December 2022. However, the capacity value of these variable renewable energy ...
AFRY to Provide Engineering Services for 1.2 GW Pumped Storage Project in Andhra Pradesh
AFRY India, an engineering and consulting firm, has received the Letter of Award (LoA) from Greenko Energy Projects Limited for providing the design engineering services for a 1,200 MW Pinnapuram ...
Energy Storage in Emerging Markets to Increase by Over 40% Every Year Until 2025: IRENA
Battery storage systems are emerging as a potential solution for integrating solar and wind renewables in power systems across the globe. The systems have the unique capability to absorb quickly, ...
India Prepares Blueprint for Battery Waste Management
The Ministry of Environment, Forest, and Climate Change (MoEFCC) recently issued a draft notification for battery waste management. The regulations will apply to all types of batteries as listed in ...
VC Funding for Battery Storage Rises by 104% in the First Nine Months of 2019
Global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies in the first nine months (9M) of 2019 was 54% higher ...
The Right Mix of Energy Storage Technologies Can Have a Huge Impact: Interview
As India installs solar and wind energy at a rapid pace, grid congestion is a regular occurrence, power cuts are still prevalent, and curtailment of solar and wind is rampant ...
Tata Power and IFC to Study Energy Storage Potential in Power Distribution System
Tata Power Delhi Distribution (TPDDL) and the International Finance Corporation (IFC), the financial arm of the World Bank Group, have signed a memorandum of understanding (MoU) to assess the energy ...
FICCI Endorses Battery Swapping Facilities to Boost EV Adoption Under FAME Program
The Federation of Indian Chambers of Commerce and Industry (FICCI) has suggested the inclusion of the battery swapping model of charging under the Faster Adoption and Manufacturing of Electric Vehicles ...
Greenko Raises $495 Million to Invest in 2.4 GW of Energy Storage Projects
General Insurance Corporation (GIC) and Abu Dhabi Investment Authority (ADIA) have signed an agreement to invest $495 million as primary equity in Greenko Energy Holdings (Greenko), a renewable energy project ...
MNRE Invites Preliminary Proposals for Gravity-Based Storage Project
The Ministry of New and Renewable Energy (MNRE) has issued invitations requesting proposals to develop gravity storage projects and also to utilize solar photovoltaic (PV) to produce hydrogen from seawater ...
MNRE Issues Testing Guidelines for Battery Storage
The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for performance testing of batteries (lead-acid and nickel-based chemistry type) series approval for mandatory registration with the Bureau ...
