From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan...

From: Mercom Capital Group OX2, a solar and energy storage project developer, reached an agreement to sell the 42.5 MW/ 42.5 MWh Bredhälla energy storage project in...

Grid Corporation of Odisha (GRIDCO) has invited bids to procure 500 MW (2,500 MWh) of energy storage capacity with 5 hours of daily peak power support for a period of...

The U.S. energy storage market saw breakneck growth in 2023, shattering previous installation records across multiple segments, as the country added 8.7 GW of new energy...

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up pilot projects of 250 MW/500 MWh standalone battery energy storage systems (BESS) in Gujarat under...

From: Mercom Capital Group phelas, a provider of long-duration energy storage solutions, secured €4.1 million (~$4.5 million) in a seed funding round led by E44 Ventures,...

The Solar Energy Corporation of India (SECI) has commissioned a 40 MW/120 MWh Battery Energy Storage System (BESS) project associated with a 100 MW solar power project...

Global venture capital funding in the energy storage sector in 2023 reached $9.2 billion, a 59% year-over-year (YoY) increase from $5.8 billion. The amount raised was...

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.4 billion in the fourth quarter (Q4) of the financial year (FY) 2023, a 39% year-over-year (YoY)...

A team of researchers from the University of Adelaide in Australia and the University of Maryland in the U.S. have developed a new type of aqueous sodium-ion battery...

The U.S. energy storage market installed 7,322 MWh in the third quarter (Q3) of 2023, the highest capacity in a quarter to date, according to the U.S. Energy Storage...

Hyderabad-based electrical infrastructure company, Jayram Industries India (JIIPL) has secured the contract from NTPC Renewable Energy (NTPC REL) for the installation of...

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up pilot projects of 250 MW/500 MWh standalone battery energy storage systems (BESS) in Gujarat under...

From: Mercom Capital Group Fluence, a provider of energy storage products and services, announced that it has entered into a four-year $400 million Asset Backed Lending...

From: Mercom Capital Group Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five battery energy...