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5 Ways Battery Storage Is Transforming Solar Energy Deployments

Solar power’s biggest ally, the battery energy storage systems (BESS), has arrived in force in 2024. The pairing of batteries with solar photovoltaic (PV) farms is rapidly reshaping how and when solar energy is used, turning daylight-only generation into flexible, round-the-clock power. BESS has meant the momentum does not flag for solar deployments, even in […]

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Battery Storage Era: 5 Reasons BESS Is Supercharging the RE Revolution

Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […]

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Europe’s Big Battery Hope NorthVolt Files for Bankruptcy Formally

Northvolt, the Sweden based battery maker that many in Europe saw as a future champion, has filed for bankruptcy in Sweden on Wednesday. Northvolt has reportedly raised has raised more than $14 billion, which clearly wasn’t managed too well, as the firm’s bankruptcy filing in the US in November last year demonstrated. “Northvolt has experienced […]

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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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IESA Projects $500M Investments in 2025 For Battery, Mobility Startups

The India Energy Storage Alliance (IESA) recently organized the Start-Up Connect program during the Bharat Battery Show, part of the Bharat Mobility Global Expo 2025. IESA projects that the industry will attract over $500 million in investments within a year. Several startups, including Polyprotic, Scharge, bridge green UpCycle, Zero footprint, Neuron Energy, Calton Energy, Qmax […]

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Tesla’s Shanghai Energy Storage Plant Begins Trial Production

US automobile company Tesla’s Shanghai energy storage Megafactory recently began trial production.The new plant is dedicated to manufacturing Megapacks, Tesla’s energy-storage batteries, with mass production expected to commence fully in the first quarter of 2025, Tesla China told Xinhua. The Megafactory is the first of its kind that Tesla has built outside the United States. […]

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Cygni, HiNa To Bring India-Specific Sodium-ion Energy Solutions

Cygni Energy Private Limited, a Hyderabad-based energy storage solutions player has planned to collaborate with HiNa to develop India-specific Sodium-ion based storage solutions. This storage solution is cheaper, safer, and allows 20-minute charging. Cygni Energy has been an advocate of Sodium-ion-based solutions and a challenger to Lithium for specific applications.  As part of this partnership, […]

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The Top 5 Advancements in Technology Propelling the Solar Revolution

The solar industry is shining brighter than ever in 2024, thanks to advancements in solar technology in recent times. The past year has seen an incredible surge in solar power installations, taking the world’s total installed capacity to an impressive 1.6 TWdc. China is responsible for about 60 percent of these new installations, leading the […]

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Global Battery Demand Can Quadruple To 4,100 GWh By 2030, Says Report

Global battery demand is expected to quadruple to 4,100 gigawatt-hours (GWh) between 2023 and 2030 as electric vehicle (EV) sales continue to rise. As a result, OEMs must hone in on their battery strategies, according to a new report by Bain & Company. Over 250,000 electric cars were sold globally every week in 2023, more […]

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