BESS

US BESS Market Grows Amid Federal Policy Changes: Report

The United States (US) battery energy storage (BESS) market is booming across the country this year, with a growth streak in 2024. The rapid clip of expansion is partially due to falling battery manufacturing costs, with Rystad Energy predicting this trend to continue over the next five to seven years amid ongoing design improvements. While […]

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Egypt: AfDB Commits $184.1 Mn For Solar & BESS Project

African Development Bank Group’s board of directors approved a financing package of up to $184.1 million to support the development of the Obelisk 1-GW solar photovoltaic project and 200MWh battery energy storage system (BESS) in Egypt. This is expected to be Africa’s one of the largest solar power plants. Located in Qena Governorate in southern […]

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No Transmission Charges On BESS, PSPs Till June 28: Govt

Ministry of Power has issued a long-awaited notification waiving inter-state transmission system (ISTS) charges for Energy Storage Systems (ESS), including pumped hydro and battery projects, as part of efforts to support renewable energy integration. The order builds on earlier ministry notifications issued on December 23, 2016; November 2, 2021; December 1, 2022; December 6, 2022; […]

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SPML Infra Gets Land In Maharashtra For BESS Manufacturing Unit

SPML Infra Limited has secured 99,000 sq. m of land from the Maharashtra Industrial Development Corporation (MIDC) at Supa Parner Industrial Park in Ahmednagar, Maharashtra, the company said in a regulatory filing. The allotment is intended for setting up a Battery Energy Storage System (BESS) manufacturing unit and is subject to the payment of a […]

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HiTHIUM Completes Open Door Fire Test Of Its Block 5MWh BESS

HiTHIUM, a global energy storage technology company, has completed one of the world’s first all-open-door large-scale fire tests of its ∞Block 5MWh battery energy storage system (BESS). This technology sets a new benchmark for safety validation methods, marking a milestone in the global energy storage industry. The open-door fire test was developed to meet this […]

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UK: TotalEnergies Gets 435 MW Solar-BESS Projects From Low Carbon

TotalEnergies has acquired a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW. The company acquired these projects from Low Carbon, one of the leading renewable energy companies.   As the solar projects are at an advanced stage of development, the target is […]

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Kerala May Allow Higher Feed-In Tariff For Prosumers With ESS

The Kerala State Electricity Regulatory Commission (KSERC) has proposed higher feed-in tariffs for prosumers who install energy storage systems (ESS) alongside renewable energy (RE) systems, according to its draft “Renewable Energy and Related Matters Regulations, 2025.” The tariffs would apply to energy injected into the grid during peak hours and be determined by the Commission. […]

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JBMG Bags 3 GWh BESS Orders, Eyes National Renewable Goals

JBM Green Energy Systems Pvt. Ltd. (JBMG), the lithium-ion battery unit of JBM Auto Ltd., has secured a robust order book with 3 GWh capacity of Battery Energy Storage Systems (BESS) to be deployed across India. The surge follows recent orders, including a 1 GWh BESS project for state-run SJVN and additional deals with other […]

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2030 Target No Longer Bold Enough, Look Beyond 500 GW

India’s pledge to install 500 GW of non-fossil energy by 2030 was hailed as bold and transformational when announced at COP26 in 2021. However, this target is no longer sufficiently ambitious compared to what the country has potential to achieve, thanks to the overall evolution of the energy landscape through the last few years.  For […]

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