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demand and supply

LIB to Supply 50,000 Li-ion Batteries to VoltUp by 2024

A manufacturer of lithium-ion batteries, LIB, has joined hands by way of a major contract manufacturing deal with VoltUp, a Battery-as-a-Service (BaaS) start-up. The agreement will pave the way for LIB to provide 50,000 lithium-ion batteries in 2024. This will be followed by an additional 500,000 batteries over the span of the next three years. […]

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ENEL Adds Battery Storage As Texas Grapples With Extreme Demand Swings

Enel North America, a key energy utulity in the US and Canada, has more than tripled its operational utility-scale storage capacity this summer by bringing five new battery energy storage systems (BESS) online in Texas. The new batteries add over 369 MW / 555 MWh of dispatchable energy storage to the Texas power grid, helping increase grid […]

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Tata Power-DDL Partners with USA’s Utiltyx for Cyber Security & Power Supply

Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility providing electricity to over 7 million users in Delhi, has announced a strategic partnership with Utiltyx- the Indian arm of a USA-based cyber security and data analytics software company. The partnership aims to enhance the firm’s preparedness against future threats and challenges related to cyber […]

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Ingka & Apex Clean Energy Join Hands for 16.4 MW Storage Project in Texas

Ingka Investments and Apex Clean Energy, a firm that delves in the origination, commercialization, construction, and operation of utility-scale wind energy facilities has announced the establishment of Cameron Storage Project of 16.4 MW capacity in Cameron County, Texas. The project is IKEA owner’s first-ever battery storage project. The lithium-ion battery will lend support to the […]

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H1 Revenues and Growth Powered By Global Expansion For Chinese Solar Majors

While protectionist moves in key global markets might be a factor in a couple of years or earlier, for now, Chinese solar manufacturers offering critical solar equipment are enjoying their day in the sun. Key players are all delivering record numbers, thanks to capacity increases and steady prices. H1 figures coming from firms across the […]

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Electric Supply Chain Firm ZEVO Secures Funding from Agility Ventures

ZEVO, a completely integrated electric supply chain and warehousing platform, announced today that it has successfully raised funding from Angel Fund Agility Ventures. The funding will be utilized to further expand ZEVO’s fleet of electric vehicles and micro storages, focusing on last-mile delivery and integrated logistics solutions along with electric refrigerated deliveries. “As investors, we […]

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Renewables and EVs: Myths and Reality

There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […]

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Maharashtra Plans To Use Solar For 50% of Its Agri Power Demand

The Maharashtra government is now planning to use solar energy to cater to 50 percent of the power demand of its agricultural sector in the state. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), in its latest petition before the Maharashtra Electricity Regulatory Commission (MERC), disclosed this plan.  MSEDCL has planned to procure 7,000 MW of solar […]

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