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TotalEnergies Launches New Battery Storage Project in Belgium

French company TotalEnergies has announced another battery project. The new project will be developed on the site of TotalEnergies’ depot in Feluy, Belgium. It will have a power rating of 25 MW and a capacity of 75 MWh, thanks to the forty Intensium Max High Energy lithium-ion containers supplied by Saft. The announcement was made […]

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Servotech, Electra Collaborate To Develop Fast EV Charging Solution

Servotech Power Systems Ltd., an EV chargers and solar solutions provider, and Electra EV, an electric vehicle powertrain solutions company, have collaborated together regarding EV charger technology, for which they filed for patents recently. This solution can enable fast DC charging of any GB/T Bharat DC 001 vehicle (which is on sub 200V DC platforms) […]

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IOCL, Panasonic Energy Form JV For EV Batteries

Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […]

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Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform

Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […]

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MoP Issues Viability Gap Funding Guidelines For BESS Project

The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […]

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UK-Based Statera Secures 670MW Contracts in Auctions

In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […]

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Adani Electricty Plans To Install 8,500 EV Charges In Mumbai Societies

Adani Electricity Mumbai Ltd has announced that it has plans to install 8,500 chargers for electric vehicles (EVs) across apartment societies in Mumbai, reported news agency PTI. The Adani group company said it has launched what it calls the “share charge” initiative under which multiple EV owners can charge their vehicles, as was reported by […]

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What Energy Transition Means For Indian Homeowners & Individuals?

By-Praveen Raju, Janhavi Joshi, and Amoolya Khurana  The Government of India highlighted the challenges faced by developing countries to combat climate change at the 2021 United Nations Climate Change Conference (“COP26”) and subsequently presented India’s commitments to the energy transition in the form of Panchamrit i.e., a five-step approach to combat climate change which included […]

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GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […]

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