Market & Policy

India is now working toward a National Energy Storage Mission (NESM) to keep pace with the changing dynamics of the energy market. As energy storage projects are almost negligible in ...

Tata Power, an Indian power conglomerate, has announced that it will deploy a 35 MWh Energy Vault system in the next year. Energy Vault system is based on the the ...

The World Bank Group has committed $1 billion for a new global program to accelerate investment in battery storage for energy systems in developing and middle-income countries. The program is ...

The Ministry of New and Renewable Energy (MNRE) has amended the National Wind-Solar Hybrid Policy to remove the word ‘battery’ from the relevant clauses in order to broaden the definition ...

To keep pace with the changing dynamics of the energy markets, India is now working toward a National Energy Storage Mission (NESM). In February 2018, a committee with representatives from ...

Sungrow, a global inverter and energy storage system (ESS) solutions supplier for renewables, has inaugurated its solar inverter manufacturing unit in Bangalore. The facility will be of 3 GW capacity ...

Energy storage solutions provider Exicom has partnered with Kinetic Green, country’s leading manufacturer of government-approved electric three-wheeler vehicles, to provide them advanced Lithium-Ion (Li-ion) batteries for their E-Rickshaws. E-Rickshaws are expected ...

For solar project developers in the country, the decision to choose one inverter over the other is becoming increasingly difficult, given the rapid expansion of the segment, and numerous entrants ...

Vikram Sarabhai Space Centre (VSSC), a part of Indian Space Research Organisation (ISRO), has invited applications regarding the Request for Qualification (RFQ) to transfer its in-house developed Li-ion cell technology ...

Enphase Energy and SunPower Corporation have announced the signing of a definitive agreement under which Enphase will acquire SunPower's microinverter business. Enphase will be acquiring the microinverter business for $25 ...

The Central Electro Chemical Research Institute (CECRI), which comes under the Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd have signed a Memorandum of Agreement ...

The International Finance Corporation (IFC), a member of the World Bank Group, plans to invest $8 million in Lithium Urban Technologies Private Limited, a corporate employee transportation (CET) aggregator in ...

Researchers at Stanford claim to have developed a water-based battery that can provide a better solution than lithium-ion for storing solar and wind energy, according to the journal Nature Energy. Though ...

The fledgling energy storage industry is rapidly gaining momentum in the domestic as well as the international markets. Realizing the importance of energy storage, an increasing number of players are ...

Sungrow, a global inverter manufacturer and supplier, is going to strengthen its global delivery capability by establishing a new factory in Karnataka’s capital city of Bengaluru. The new manufacturing facility ...

India’s renewable energy sector needs a strong backbone in the form of a robust energy storage industry in order to sustain its growth trajectory, according to Naveen Sharma, vice president ...

AES India and Mitsubishi Corporation have begun the construction of India’s first utility-scale energy storage system in the national capital. The 10 MW energy storage system will serve the grid ...

India is on the cusp of a revolution in energy storage, according to key industry players. This was the sentiment at the well-attended 5th Energy Storage India Conference held in ...

Finnish power conglomerate Wartsila, has announced its entry into the Indian energy storage market. The acquisition of Greensmith Energy Management Systems, a developer of grid-scale energy storage software and integrated ...

The Central Electricity Regulatory Commission (CERC) has released a white paper on energy storage systems in an effort to generate discussion among the stakeholders and better understand users’ perceptions about ...

A Memorandum of Understanding (MoU) has been signed between the National Thermal Power Corporation (NTPC), Andaman & Nicobar Administration, and the Ministry of New and Renewable Energy (MNRE) for NTPC ...