energy-storage

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MoP Proposes Amendments to Renewable Energy Bidding Guidelines

The Ministry of Power (MoP) has proposed amendments to the guidelines for the tariff-based competitive bidding process to procure power from grid-connected power...

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24-Hour Uninterrupted Solar Power with Battery Storage is Real: Ember

Battery-backed solar energy systems need just 17 kWh of storage to flatten a 5 kW solar generation profile into a steady 1 kWh of output across 24 hours, according to a...

June 27, 2025

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Staff

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Energy Storage

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Market & Policy
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US Energy Storage Hits New Q1 Record with Over 2 GW Installed

The U.S. energy storage market added more than 2 GW across all segments in the first quarter (Q1) of 2025, marking the highest Q1 on record, according to the latest U.S....

June 27, 2025

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Arjun Joshi

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Energy Storage

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Market & Policy
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New Jersey Approves Program to Install 750 MW of Energy Storage

The New Jersey Board of Public Utilities (NJBPU) has approved Phase 1 of the Garden State Energy Storage Program (GSESP) with a target of 1,000 MW of energy storage...

June 26, 2025

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Melvin Mathew

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Energy Storage
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From Leader to Lagging? Kerala’s Net Metering Cap Proposal Threatens Growth

The recent proposal from the Kerala State Electricity Regulatory Commission to limit net metering for rooftop solar systems up to 3 kW is likely to slow down the rooftop...

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Funding and M&A Roundup: Allume Energy Secures $4.6 Million

From: Mercom Capital Group Allume Energy, a provider of residential solar solutions, has secured £4 million (~$4.6 million) in funding from E.ON UK, an energy company....

June 25, 2025

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Staff

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Finance and M&A

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Other
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Global Energy Storage Market Remains Resilient Amid US and China Policy Changes

The global energy storage capacity additions are expected to grow by 35% in 2025 to 94 GW or 247 GWh, according to BloombergNEF’s (BNEF) latest outlook. BNEF forecasts a...

June 24, 2025

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Staff

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Energy Storage

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Market & Policy
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SECI Tenders 1.2 GW Solar Projects with 3.6 GWh Energy Storage Systems

The Solar Energy Corporation of India (SECI) has invited bids to set up 1,200 MW of interstate transmission system (ISTS)-connected solar projects integrated with 600...

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Funding and M&A Roundup: Voltfang Secures $17 Million

From: Mercom Capital Group Voltfang, an energy storage solutions provider, raised €15 million (~$17 million) in a Series B funding round led by Dutch investor FORWARD....

June 18, 2025

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Staff

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Finance and M&A

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Other
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Power Ministry Proposes Sale, Lease, Renting of Energy Storage Systems

The Ministry of Power (MoP) has proposed an amendment to the Electricity Rules 2025 to permit the sale, lease, and renting of energy storage systems (ESS). The Ministry...

June 12, 2025

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Melvin Mathew

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Energy Storage

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Market & Policy
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Energy Storage Firm Powin and Its Subsidiaries File for Bankruptcy in New Jersey

U.S.-based energy storage firm Powin and its eight other subsidiaries have filed for Chapter 11 bankruptcy protection in New Jersey. The company and its subsidiaries,...

June 12, 2025

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Tina Freese

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Energy Storage

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Renewable Energy
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Energy Storage Enables Greater Renewable Integration with Reliability: Interview

With a rapid increase in energy storage systems (ESS) deployments in India, Maharashtra-based energy storage systems (ESS) provider AmpereHour Energy is taking it one...

June 10, 2025

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Melvin Mathew

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Energy Storage

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Renewable Energy
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Two Companies Win South Africa’s 616 MW/2,464 MWh BESS Auction

South Africa’s Department of Mineral Resources and Energy has announced the preferred bidders to set up 616 MW/2,464 MWh Battery Energy Storage Systems under the third...

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Rise in Product Shipment Volume Drives Eos Energy’s Revenue Up 58% YoY

U.S.-based energy storage solutions provider Eos Energy Enterprises reported a 58% year-over-year (YoY)increase in revenue from $6.6 million to $10.5 million in the...

May 13, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Residential Rooftop Solar Prices in the US Dropped to $2.50/W in 2H 2024

Residential rooftop solar prices in the U.S. fell for the third consecutive half-year to $2.5/W in the second half (2H) of 2024 due to softening demand, high interest...

May 13, 2025

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Melvin Mathew

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Rooftop

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Solar

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