US Battery Utility-Scale Storage Capacity to Reach 30 GW by 2025

US Battery Utility-Scale Storage Capacity to Reach 30 GW by 2025

Power developers and project owners would add utility-scale battery storage capacity of up to 30 GW in the United States over the next three years, the U.S. Energy Information Administration ...
Researchers Claim Sodium-Sulfur Battery Four Times More Potent Than Lithium-Ion

Researchers Claim Sodium-Sulfur Battery Four Times More Potent than Lithium-Ion

Researchers at the University of Sydney claimed to have developed a new, low-cost sodium-sulfur battery with four times the energy capacity of lithium-ion batteries. The success of the technology could ...
/ / Solar, Technology
Transmission System for 500 GW Renewable Capacity to Cost ₹2.44 trillion

Transmission System for 500 GW Renewable Capacity to Cost ₹2.44 Trillion

Union Power Minister R.K. Singh unveiled a comprehensive plan to evacuate the planned renewable power capacity of 500 GW by 2030 at an estimated cost of ₹2.44 trillion (~$29.64 billion) ...
/ / Grid, Market & Policy
Australia’s Squadron Energy Acquires CWP Renewables

Australia’s Squadron Energy Acquires CWP Renewables

Australia’s Squadron Energy, a part of the Tattarang group of companies, said it has acquired renewable energy developer CWP Renewables for an undisclosed sum. The acquisition will boost Squadron’s operating ...
/ / Other, Renewable Energy
Lithium-ion Battery Prices Rise for First Time Since 2010 to $151/kWh

Lithium-ion Battery Prices Rise for First Time Since 2010 to $151/kWh

After declining steadily since 2010, average prices for lithium-ion battery packs across all sectors have risen to $151/kWh in 2022, a 7% rise from the year before, a BNEF report ...
Storage Startup Gravitricity Secures £194,000 for Tech Demonstration in India

Storage Startup Gravitricity Secures £194,000 for Tech Demonstration in India

Edinburgh-based storage startup Gravitricity has secured £194,000 ($233,174) from the United Kingdom government to find demonstration sites in India suitable for their gravity energy storage technology. The project aims to ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Google Signs 5 TWh PPA with Engie for Offshore Wind Farm

Daily News Wrap-Up: Google Signs 5 TWh PPA with Engie for Offshore Wind Farm

Here are some noteworthy cleantech announcements of the day from around the world: ENGIE and Google will undertake a 12-year 100 MW corporate power purchase agreement supporting Moray West offshore ...
/ / Other, Renewable Energy
Battery Storage System Costs High, But ROI Remains Attractive: Mercom Webinar

Battery Storage System Costs High, But ROI Remains Attractive: Mercom Webinar

The steep upfront investment required for lithium-ion battery storage systems is the major impediment in their large-scale deployment with solar projects even though the return on investment (ROI) is attractive, ...
GreenCell Raises $40 Million Funding from ADB to Develop Electric Buses

GreenCell Raises $40 Million Funding from ADB to Develop Electric Buses

The Asian Development Bank (ADB) has inked a $40 million financing package with India-based shared electric mobility company GreenCell Express (GEPL) to develop 255 battery-powered electric buses (e-buses). The e-buses ...
/ / Electric Vehicles, Grid
Coal Plant in South Africa to be Repurposed with 220 MW of Solar, Wind and Battery Capacity

Coal Plant in South Africa to be Repurposed with 220 MW of Solar, Wind and Battery Capacity

The World Bank Group (WBG) recently approved South Africa’s request for a $497 million project to decommission and repurpose the Komati coal-fired power plant using renewable sources and batteries. The ...
/ / Other, Renewable Energy
solarZero Trades Energy Grid Stability Services from its VPP in New Zealand's Exchange

solarZero Trades Energy Grid Stability Services from its VPP in New Zealand’s Exchange

New Zealand's solar and battery storage solutions provider solarZero said it had traded energy grid stability services from its virtual power plant (VPP) in the Electricity Reserves Market. In what ...
Iron Flow Battery Maker ESS Tech Cuts Loss by 38% YoY

Iron Flow Battery Maker ESS Tech Cuts Loss by 38% YoY

U.S.-based manufacturer of long-duration iron-flow batteries ESS Tech recorded a loss of $31.6 million in Q3 2022, a 38% year-over-year (YoY) improvement compared to a loss of $51.33 million in ...
Residential Solar Firm Sunrun’s Q3 Revenue Jumps 44% YoY on Higher Customer Acquisition

Residential Solar Firm Sunrun’s Q3 Revenue Jumps 44% YoY on Higher Customer Acquisition

U.S.-based company Sunrun posted total revenue of $631.9 million in the third quarter (Q3) of 2022, up 44% year-over-year (YoY), on the back of growth in customer additions and improved ...
/ / Other, Renewable Energy
ENGIE Acquires 6 GW Solar and Battery Storage Capacity in the US

ENGIE Acquires 6 GW Solar and Battery Storage Capacity in the US

France-based energy firm ENGIE has acquired a 6 GW portfolio of solar, paired storage, and standalone battery storage capacity from Belltown Power to add to its development pipeline in the ...
/ / Finance and M&A, Solar
Maoneng, Gaw Capital Partner to Develop 1.9 GW of Solar + Storage Projects in Australia

Maoneng, Gaw Capital Partner to Develop 1.9 GW of Solar + Storage Projects in Australia

Maoneng Group, a New South Wales-based renewable energy and battery storage developer, has partnered with Hong Kong private equity real estate investor Gaw Capital to set up a joint venture ...
Primergy Solar Partners with CATL for $1.2 Billion Solar+ Storage Project in the US

Primergy Solar Partners with CATL for $1.2 Billion Solar+ Storage Project in the US

Primergy Solar, a U.S.-based utility-scale and distributed solar and storage company has entered a sole battery supply agreement with Contemporary Amperex Technology Limited (CATL) to develop a 690 MW solar ...
UK’s Energy Storage Sector Gets £32 Million to Develop Innovative Technologies

Corporate Funding for Energy Storage Firms Up 69% YoY to $22 Billion in 9M 2022

Global corporate funding for energy storage, smart grid, and energy efficiency companies in the first nine months (9M) of 2022 increased to $25 billion compared to $15.1 billion raised in ...
North America Gets First Utility-Scale Co-located Wind, Solar, Battery Storage Project

North America Gets First Utility-Scale Co-located Wind, Solar, Battery Storage Project

NextEra Energy Resources, the clean energy arm of the U.S.-based NextEra Energy, and Portland General Electric (PGE) have commissioned the first co-located utility-scale wind, solar, and battery storage-based project in ...
/ / Other, Renewable Energy
Terra-Gen Secures $959 Million for a 410 MW Solar and 1.8 GWh Battery Storage Project

Terra-Gen Secures $959 Million for a 410 MW Solar and 1.8 GWh Battery Storage Project

Leading independent renewable energy provider Terra-Gen has completed project financing of $959 million for the second phase of its Edwards Sanborn Solar Storage facility in Kern County, California. The second ...
Daily News Wrap-Up Ravicab Cables Acquires Leoni India, Enters Renewable Sector

Daily News Wrap-Up: Ravicab Cables Acquires Leoni India, Enters Renewable Sector

Here are some noteworthy cleantech announcements of the day from around the world: Ravicab Cables, a Bengaluru-based electric cable manufacturer, announced the acquisition of Leoni Cable Solution India (LCSI), a ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Kia, DB Team Up to Reuse EV Batteries as Grid-Scale Storage Systems

Daily News Wrap-Up: Kia, DB Team Up to Reuse EV Batteries as Grid-Scale Storage Systems

Here are some noteworthy cleantech announcements of the day from around the world: Kia, a South Korea-based automaker, and Deutsche Bahn (DB) have partnered to increase the usable life of ...
/ / Other, Renewable Energy
New Battery Waste Management Rules Mandates Recycling by Local Producers and Importers

New Battery Waste Management Rules Mandates Recycling by Local Producers and Importers

The Ministry of Environment, Forest, and Climate Change has published the Battery Waste Management Rules, 2022 ensuring environment-friendly management of waste batteries, including electric vehicle (EV), portable, and automotive and ...
Canadian Solar’s Revenue Up 62% YoY, Driven by Higher Module and Battery Storage Shipments

Canadian Solar’s Revenue Up 62% YoY, Driven by Higher Module and Battery Storage Shipments

Solar photovoltaic module manufacturer Canadian Solar posted revenue of $2.31 billion for the second quarter (Q2) of the calendar year 2022, up by 61.54% year-over-year (YoY) from $1.43 billion in ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: Sri Lanka Approves Adani Green Energy’s Wind Projects

Daily News Wrap-Up: Sri Lanka Approves Adani Green Energy’s Wind Projects

Here are some noteworthy cleantech announcements of the day from around the world: Sri Lanka's Energy Minister Kanchana Wijesekara announced that Adani Green Energy was issued provisional approvals for two ...
/ / Other, Renewable Energy
Europe's Battery Cell Production Capacity to Increase to 1.5 TWh by 2030

Europe’s Battery Cell Production Capacity to Increase to 1.5 TWh by 2030

Europe is expected to achieve a battery cell production capacity of 124 GWh during 2022, with significant Asian cell producers expanding operations in the region and extensive investments in many ...
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