Storage Market Policy
Lithium-ion (Li-ion) battery pack prices dropped 20% from 2023 to a record low of $115/kWh, the most significant annual decline since 2017, according to BloombergNEF...
Long Duration Energy Storage (LDES) must scale up to 50 times faster than is currently projected, per the 2024 Annual Report by the LDES Council. According to the report,...
Utility-scale energy storage firm Fluence Energy recorded a revenue of $1.2 billion in the fourth quarter (Q4) of fiscal year (FY) 2024, up 82% year-over-year (YoY), on...
Dubai Electricity and Water Authority (DEWA) has announced that its 250 MW pumped hydropower storage project in Hatta will begin trial operations in the first quarter of...
Microinverter and battery storage supplier Enphase Energy has unveiled a restructuring plan to align its workforce and cost structure with current market conditions and...
Solid Power, which develops solid-state battery technology for electric vehicles, reported a revenue of $4.7 million in the third quarter (Q3) of 2024, reflecting a 26....
Four years after the disconnection of Greenko Maha Wind Energy’s (Greenko) 2 MW Wind Turbine Generator (WTG), the Appellate Tribunal for Electricity (APTEL) has ordered...
Energy storage solutions provider Eos Energy Enterprises reported a revenue of $854,000 for the third quarter (Q3) of 2024, a 24.9% year-over-year (YoY) increase from...
Natural gas company Mahanagar Gas (MGL) will invest ₹2.3 billion (~$27.2 million) in IBC India to establish a gigafactory in Bengaluru to manufacture prismatic NMC...
Smart energy storage company Stem‘s revenue in the third quarter (Q3) of 2024 dropped 78% to $29.3 from $133.7 million in Q3 2023 due to lower battery hardware...
The Central Electricity Regulatory Commission (CERC) has adopted the tariffs for SJVN’s 1,450 MW of interstate transmission system (ISTS)-connected solar power projects....
The banked energy at one facility of a company cannot be adjusted against the electricity consumption of its other units, the Appellate Tribunal for Electricity (APTEL)...
In a judgment with far-reaching consequences, the Supreme Court has upheld the supremacy of the electricity regulatory commissions, observing that the directions of the...
The U.S. Department of Commerce has imposed anti-dumping duties at rates ranging from 2.02% to 376.85% and countervailing duties at rates ranging from 1.44% to 168.81%...
NHPC has signed a joint venture agreement with Andhra Pradesh Power Generation Corporation (APGENCO) to implement pumped hydro storage (PSP) projects and renewable...
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