battery

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Daily News Wrap-Up: Hexa, ACME, Avaada Win NTPC’s 1.2 GW Auction

Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy are winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable power with assured peak power...

November 11, 2024

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Staff

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Daily Wrap-up
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CESL Floats Tender to Set Up EV Charging Stations In Faridabad

Convergence Energy Service (CESL) has invited bids to set up and maintain electric vehicle charging stations in seven locations in the Municipal Corporation of Faridabad...

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GUVNL Phase IV Battery Storage Tender to Include VGF of ₹2.7 Million/MWh

The Gujarat Urja Vikas Nigam (GUVNL) has amended its Phase IV Standalone Battery Energy Storage Systems (BESS) tender by providing Viability Gap Funding (VGF) support...

October 16, 2024

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Solar + Battery Storage Cheaper than Conventional Power: Fraunhofer

A study by the Fraunhofer Institute for Solar Energy Systems (ISE) on the electricity generation costs of various power plants in Germany has indicated that photovoltaic...

October 14, 2024

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Tina Freese

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Energy Storage

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Solar
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Scientists Find Use of Thin Metals Could Improve Energy Storage Capacity

Scientists at the University of Manchester have discovered a breakthrough in understanding the use of lithium-ion storage within the thinnest battery anode, composed of...

September 24, 2024

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Staff

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Energy Storage

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Technology
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India, US to Raise $1 Billion for Clean Energy Manufacturing Capacity

India and the U.S. are working to unlock $1 billion in multilateral finance through the International Bank for Reconstruction and Development (IBRD) to support...

September 23, 2024

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Tina Freese

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Renewable Energy
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Can MIT’s Breakthrough Material Be the Future of Battery Solutions?

Massachusetts Institute of Technology (MIT) scientists have found a potential breakthrough cathode material that might be the future of battery technology. They have...

September 2, 2024

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Tina Freese

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Energy Storage

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Technology
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Gensol Doubles Revenue in Q1 FY25 with 105% YoY Growth

Engineering and consulting firm Gensol Engineering reported a 105% year-over-year (YoY) increase in revenue to ₹2.97 billion (~$35.3 million) in the first quarter (Q1)...

August 13, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Funding and M&A Roundup: Peak Energy Secures $55 Million

Peak Energy, a sodium-ion battery manufacturer, secured $55 million in a Series A funding round led by Xora Innovation, Temasek’s Early-Stage deep-tech investing...

July 24, 2024

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Arjun Pradeep

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Finance and M&A

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Other
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Uttar Pradesh Floats Tender for 7 MW Rooftop Solar Systems

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has floated three tenders to install a cumulative capacity of 7 MW on-grid rooftop solar systems...

July 8, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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NTPC Invites Bids for Vanadium Redox Flow Battery Storage System

NTPC has invited bids for the supply, installation, commissioning, and integration of a 600 kW/3000 kWh Vanadium Redox Flow Battery (VRFB) storage system at the NTPC...

June 18, 2024

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Arshreet Singh

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Energy Storage

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Tenders & Auctions
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EU Slaps Additional Duties of Up to 38.1% on Chinese EVs

The European Commission has announced it will impose additional tariffs of up to 38.1% on Chinese Battery Electric Vehicles (BEV) from July on grounds that they were...

June 17, 2024

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B.S. Nagaraj

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Electric Vehicles
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Project Finance Brief: British Solar Secures Funding for Solar and Storage Projects

From: Mercom Capital Group British Solar Renewables (BSR), an integrated solar project developer in the UK, secured an undisclosed amount of funding for solar PV and...

June 12, 2024

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Staff

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Finance and M&A

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Other
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Solid Power’s Q1 Net Loss Widens as Battery Tech Commercialization Nears

Solid Power, which develops solid-state battery technology for electric vehicles, reported a net loss for the first quarter (Q1) of 2024 that widened to $21.2 million...

May 8, 2024

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Arshreet Singh

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Energy Storage

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Finance and M&A
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Falling Battery Prices Hurt Stem’s Q1 Revenue, Loss Widens by 61%

Smart energy storage company Stem reported a net loss of $72.3 million for the first quarter of 2024, up 61% from the net loss of $44.8 million last year, as extended...

May 6, 2024

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Arshreet Singh

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Finance and M&A

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