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energy storage

SOFAR Serves Up PV & ESS Solutions at All Energy 2023 In Australia

SOFAR, a leading provider of all-scenario PV & ESS solutions, presented its latest solar and storage solutions with PowerMagic leading the show at the All Energy exhibition in Australia , solidifying its presence in the Australian solar market. Australia is seeing rapid growth on commercial energy storage installations as business owners strive to make the […]

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Flexible Energy Solution Key Towards Decarbonization: EEA

The European Environment Agency (EEA) recently published a report titled ‘Flexibility Solutions for Decarbonization: Securing the EU Electricity System.’ This report highlights a significant surge in renewable energy capacity, specifically in solar and wind energy, which is expected to increase from 24% to 60% of the total renewable energy capacity. The report indicates that this development will […]

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Servotech Power Systems Files Two Patents for Energy Management Technologies

Servotech Power Systems, a manufacturer of EV chargers and solar solutions, has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a battery energy storage system. These will also help effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable […]

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Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger

The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […]

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SOFAR Eyes UK Market with Introduction of Residential, C&I Storage Solutions

SOFAR, a global provider of all-scenario PV & ESS solutions, displayed it flagship product portfolio with a focus on residential and C&I storage solution at Solar & Storage Live, the United Kingdom’s most prominent renewable energy fair. Energy storage market is estimated to be scaled in many European countries, considering that it provides system flexibility […]

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RACE Energy & LOHUM Join Forces for Sustainable EV Battery Recycling

RACE Energy, a deep-tech electric vehicle (EV) infrastructure company for battery swapping, today announced a strategic partnership with LOHUM, a producer of sustainable energy transition materials via recycling, repurposing, and refining, to tackle EV battery waste and identify second life use applications. Aligning with the mandate under EPR (Extended Producer Responsibility) guidelines for responsible battery […]

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Home Energy Consumption In India to Triple By 2050, Says EIA Report

The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by  capacity additions, overtaking China and the US, […]

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Australia Set for Renewable Energy Hub with 1,200MW/2.4GWh BESS

A new renewable energy centre is set to be established in Australia following the governmental approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), the owner and developer of which is Singapore based renewables investor Equis. With the approval being received, a 1,200MW/2.4GWh two-hour duration battery energy storage system (BESS) will come up in Victoria. This […]

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