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Swedish Battery Materials Firm Altris AB Ventures Into China

China’s vice like grip on battery manufacturing means that firms find it simply impossible to ignore the massive manufacturing and consumption market. The latest is Swedish battery materials company Altris AB which has officially opened its first office in China. The Guangzhou-based team will work to promote the company’s innovative cathode material, Fennac®, to the Chinese […]

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SJVN, PTC In Tie-up For RTC Projects

SJVN Limited has entered into a MoU (Memorandum of Understanding) with PTC India Limited (formerly known as Power Trading Corporation of India Limited), to collaborate on the development of products to supply Round the Clock (RTC) Power. The MoU was signed by  Akhileshwar Singh, Director (Finance), SJVN Ltd and Dr. Rajib Kumar Mishra, Director (BD […]

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UK Fund Gresham House Raises £380m Funding For Storage Projects

Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […]

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Gadkari Bats For Ethanol, Green Hydrogen At Wind Conference

At the World Wind Energy Conference 2021 (WWEC2021) being held at New Delhi, Union Minister for Road Transport and Highways, Nitin Gadkari, stressed on the need to see ethanol and Green hydrogen make an impact in the transportation sector to make a real impact. Pointing out that only 6% of the energy consumption in the […]

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Continued Tariffs On Module Imports to US On Agenda For Biden

While a court ruling might have dented some of the tariffs imposed on module imports, in this case Bifacial module imports to the US, the odds of Trump era tariffs continuing remain high for the foreseeable future. This is as much due to continuing tensions with China, the key target, than the need to allow […]

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Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done

Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […]

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Mango Power to Unveil 4.35kW Home-&-Portable Hybrid Battery on Nov23

Battery system Mango Power Union, another addition to the nascent but fast growing home and portable segment for storage using lithium batteries, will be available for purchase on November 23rd through Indiegogo, according to a recent official statement. Mango Power is a green energy brand focused on developing home power supply solutions, portable power devices […]

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Tech Firm Lancium Raises $150M to Advance Decarbonisation Solutions

Lancium Technologies Corporation, a technology firm focused on energy transition, has announced that it has closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, a South Korean provider of clean energy solutions and owner and operator of Q CELLS, led this financing round. Lancium also received support from Novawulf and other […]

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RWE Picks SMA Technology to Build Major German Storage Facility

Energy utility RWE is building a battery energy storage system (BESS) with a total output of 117 megawatts in Germany. The system technology used for integrating and optimally controlling the charging and discharging of the 420 lithium-ion battery racks of the battery storage system is being supplied by SMA Solar Technology. The storage project will […]

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