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$1 Million in Profit Made By Elon Musk’s Huge Battery

Tesla’s Australian battery system may have earned its proprietors, Neoen, around $1 million AUD ($800,000 USD) through the span of only a few days. Tesla’s 100MW battery system went online in South Australia subsequent to meeting organizer Elon Musk’s deliberate 100-day development due date. In the weeks since the enormous battery framework has apparently satisfied […]

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Mercedes-Benz Energy, Vivint Solar partners to Bring Automotive Battery Innovation to the U.S. Residential Solar Market

The two companies will introduce a joint offering that will provide customers with the German engineering and performance of Mercedes-Benz Energy batteries coupled with Vivint Solar’s expertise in designing, installing and servicing solar energy systems. Mercedes-Benz Energy and Vivint Solar announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to […]

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This solar-charged battery directly stores energy from sunlight in a tank

Researchers at University of Wisconsin–Madison have developed solar-charged battery that directly stores energy from sunlight in a tank. Song Jin, a professor of chemistry at the University of Wisconsin–Madison, has integrated the solar cell with a large-capacity battery. He and his colleagues have made a single device that eliminates the usual intermediate step of making […]

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Con Edison, SunPower partners on 4MWh solar + battery storage project in New York

Con Edison and SunPower has partnered on a pilot project to offer solar power systems with battery storage to more than 300 New York homeowners. Hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative “virtual power plant,” and homeowners with a backup system in case of […]

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Enphase Energy’s Enphase AC Battery is now available in Australia and New Zealand

Enphase Energy has announced that Enphase AC Battery is now available from authorized distributors and accepting orders from installers in Australia and New Zealand. The first global shipment is expected to arrive in Australia in August this year. Company’s partner network of over 1,000 installers located in the region will be the first in the […]

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Grid-Forming Tech Key To Powering $5 Tr Renewable Expansion: WoodMac

Battery energy storage systems (BESS) will require $1.2 trillion in investments to support more than 5,900 GW of new wind and solar capacity installations globally through 2034, research firm Wood Mackenzie said. The research firm said grid-forming (GFM) technology should be deployed to help achieve the projected $5 trillion expansion in global renewable energy capacity. […]

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Merchant Power Firms Add Risk Amid Cooling Prices, Early Monsoons: SBI Caps

Merchant power producers in India may face increasing financial pressure as erratic cooling demand, driven by weather volatility, disrupts traditional consumption patterns, according to a new report by SBI Capital Markets (SBI CAPS). The report, titled “Merchant Power – Can It Handle Bouncy Cooling Demand?”, highlights that power demand in the first quarter of FY2025-26 […]

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China Gains EV Market Share in Thailand, Brazil Amid US Policy Lag: Report

BloombergNEF’s annual Electric Vehicle Outlook (EVO) expects nearly 22 million battery electric and plug-in hybrid vehicle sales this year, up 25% from 2024. It associates the rise in sales with a drop in lithium-ion battery cost and with the increase in production of more affordable EV models, ramp-up. China currently accounts for nearly two-thirds of those […]

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Is China Undoing Decades Of Work On Green Transition?

For years, for all the credit China got for the sharp drop in prices for renewable energy and electric vehicles, one felt even that wasn’t always appreciated enough. People don’t realise that the price of solar has dropped by over 90% over the past decade and more, almost wholly due to Chinese manufacturing. That has […]

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