Energy Storage

Inverter manufacturer Sungrow has announced that it will be supplying its storage solutions to Tata Power Solar Systems' (TPSSL) 60.56 MWh battery energy storage system (BESS) project at Phyang, in ...

Stem, a smart energy storage company, posted revenue of $44.1 million in the first quarter (Q1) of 2022, a year-over-year (YoY) spike of 166% from $15.4 million in the same ...

U.S.-based Eos Energy Enterprises, a sustainable zinc-based energy storage solutions provider, has announced the results for the first quarter (Q1) of the calendar year (CY) 2022. The company reported a ...

TotalEnergies, a multinational integrated oil and gas firm, has acquired Core Solar, an Austin-based solar project developer with a solar and energy storage project portfolio of more than 4 GW ...

Solar energy Corporation of India (SECI) has issued a request for selection (RfS) to set up pilot projects of 500 MW/1000MWh standalone battery energy storage systems (BESS) under a build, ...

Cloud-connected energy storage solutions provider Taqanal Energy raised ₹95 million (~$1.24 million) in a pre-series round from JITO Angel Network. The round saw participation from KITVEN, Lets Venture, and Wellingdon ...

Power Grid Corporation of India Limited (PGCIL) was declared the winner under the tariff-based competitive bidding to establish a transmission system for evacuation of power from solar energy zones in ...

Artificial Intelligence (AI)-enabled energy storage software and services provider Stem recorded a revenue of $52.8 million in the fourth quarter (Q4) of 2021, representing a year-over-year (YoY) increase of 184% ...

NITI Aayog, in collaboration with the Rocky Mountain Institute (RMI), recently published a report, which estimates India's future demand for batteries under an 'accelerated scenario' and a 'conservative scenario,’ to ...

Fluence, a provider of energy storage products and services, has announced the results for the first quarter (Q1) of the fiscal year (FY) 2022. The company reported total revenue of ...

Here are some noteworthy cleantech announcements of the day from around the world: Union Power Minister R K Singh interacted with the renewable energy developers and government representatives on the ...

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC Limited, has invited bids from developers to set up interstate transmission system (ISTS)-connected energy storage systems of 3,000 MWh capacity with 500 ...

Indian renewable energy developer ReNew Power has announced that it has entered into an agreement with Fluence, a provider of energy storage products and services, to form a joint venture ...

Battery storage provider Viridi Parente raised $94.7 million in a Series C funding round led by existing investor B. Thomas Golisano. The round saw participation from new investors, including international equipment ...

Shell New Energies, a subsidiary of Royal Dutch Shell, has signed an agreement to buy a 100% stake in Savion, a utility-scale solar and energy storage developer in the U.S., from Macquarie's ...

Battery storage systems are critical to effectively integrate increasing solar and wind energy into the grid, given the intermittent nature of renewable energy sources. Energy storage is the ideal solution ...

The demand for round-the-clock power from renewables is on the rise. Given the intermittent nature of renewable energy sources, the time is ripe for India to create an enabling environment ...

Here are some noteworthy cleantech announcements of the day from around the world: Rajasthan Renewable Energy Corporation Limited (RRECL) has granted an extension until November 24, 2021, to complete the ...

Bharat Heavy Electricals (BHEL) has invited bids to select partners to set up a gigawatt-scale advanced chemistry cell battery storage facility through a special purpose vehicle (SPV) under the Government ...

Here are some noteworthy cleantech announcements of the day from around the world: General Motors announced that it plans to source 100% renewable energy to power its sites in the ...

Here are some noteworthy cleantech announcements of the day from around the world: The Delhi Metro has earned ₹195 million (~$2.64 million) from selling 3.55 million carbon credits collected from ...

Here are some noteworthy cleantech announcements of the day from around the world: Bloomberg Philanthropies and Goldman Sachs launched the Climate Innovation Fund to support sustainable low-carbon economic development in ...

Researchers from Tulane University developed an energy storage technology that could reduce charging time to a matter of minutes compared to lithium-ion batteries.  The study was funded by the Department ...

Researchers at the National Renewable Energy Laboratory (NREL) are in the advanced stages of prototype testing a new thermal energy storage technology— Economic Long-Duration Electricity Storage by Using Low-Cost Thermal ...

Automotive electrical components manufacturer Lucas TVS and U.S.-based 24M Technologies plan to set up a ₹25 billion (~$342.33 million) gigafactory near Chennai to manufacture innovative and disruptive lithium-ion (Li-ion) battery ...