battery energy storage

Grid-Scale Energy Storage Systems Are The New Evolution for Energy Sector

 In the next decade, Energy Storage Systems (ESS) is tipped to make its mark in the power industry. The most recent standalone ESS tenders from Solar Energy Corporation of India and NTPC are poised to increase capacity and augment the growth of the regional ecosystem.   India’s goals for renewable energy will depend heavily on […]

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Global Investment On Energy To Increase By 8% In 2022: IEA

The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […]

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Canada Invests in Burchill Wind Project in Saint John

The Government of Canada is investing in renewable energy across the country and working with Indigenous partners to get major projects built. Wayne Long, Member of Parliament for Saint John–Rothesay, announced on behalf of the Minister of Natural Resources, nearly $50 million for the Burchill Wind Limited partnership between Wolumseket, owned by Neqotkuk and Natural […]

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US Energy Secretary Talks Up 90% Reduction In Storage Costs by 2030

US Energy secretary Jennifer Granholm has indicated a target to reduce grid scale energy storage costs by 90 percent by 2030, to create conditions for the amount of storage that will be required by then to ensure stable grids and make the best use of renewable energy production by then. She was speaking as part […]

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Battery Storage Warms Up with NTPC 1 GWh Tender For EOI

National power generator NTPC continues to move aggressively on its pivot to renewable energy and more flexible power. In a tender it released on June 26, the state owned power major has invitee expression of interest (EOI) for setting up 1000 MWh of grid-scale battery energy storage system (BESS) at its power plants in India. […]

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Solarise Africa Expands PV Footprint in Africa

Innovative renewable energy leasing solutions now operational in Rwanda, Uganda, and Zambia through new partnership Pan-African energy leasing company, Solarise Africa, has announced their expansion into three new countries in Africa after signing a partnership agreement with Centennial Generating Co, a leading turnkey energy services company in the region. The partnership adds seven projects in […]

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ReneSola Power Inks Solar-Plus-Storage Power Purchase Agreement with Valley Clean Energy

ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, announced today that it signed a power purchase agreement (“PPA”) for a solar and battery system with Northern California-based Valley Clean Energy (“VCE”), a public electricity provider serving over 125,000 customers in cities of Woodland and Davis, and Unincorporated Yolo County. The project is located […]

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Eos Energy Storage Expands Battery Deployments in Nigeria

Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced an expansion of its partnership with Nayo Tropical Technology Ltd. (“Nayo”), a leading West African mini-grid engineering, procurement, and construction (“EPC”) company. Eos will deploy additional units of its signature Aurora EnergyBlock™ systems, rated at 125kW/500kWh, […]

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History Set To Be Rewritten In Indian EV Space, Says VC Analysis

Naman Lahoty, part of the investment team at Stellaris Venture Partners, has authored a 3 part analysis on why the Indian EV market could follow a different route from the usual auto market, which has always favoured incumbents. A quick snapshot. In an insightful analysis based on interactions with over 150 ‘EV system participants’ Mr Lahoty  goes on […]

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