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US Continues to Break Storage Records, With 5.5 GWh Added In Q2 2023

A report from Wood Mackenzie and the American Clean Power Association states that the U.S. added 5,597 MWh of energy storage in Q2 2023, a new quarterly record. The storage boom has been fueled by a sharply rising share of renewable energy, as well as incentives at state level as well as now, through the […]

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Pexapark Infused with Funding Worth €20m in Series C Round

Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […]

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Mitsui Chemicals India Backsheet Durability Test Sequence (BDTS)

Why is BDTS testing required? Solar PV modules require the Backsheet Durability Test Sequence (BDTS) to ensure the long-term performance, safety, and reliability of the photovoltaic (PV) panels. The back sheet is a critical & vulnerable component of a solar module, located on the rear side of the PV cells. It serves as a protective […]

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NTPC Issues Tender For 1500 MW Of Wind Projects For ISTS

NTPC Limited has issued an international bidding tender seeking developers to set up 1500 Megawatt (MW) of Inter-State Transmission System (ISTS) wind projects anywhere in India. The central public sector enterprise has asked the bidders to submit their bids by the end of October 19.  The bids will be undertaken on a single stage two, envelope mode […]

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Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC

Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited – one of India’s largest power sector lenders. REC’s support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up […]

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BHEL Issues EoI to Supply 90 MU (KWhr) of RTC Renewable Energy

Bharat Heavy Electricals Limited (BHEL) has issued an Expression of Interest (EoI), for renewable energy developers, inviting them to supply 90 million units (KWhr) of Round the Clock renewable energy per year to BHEL’s facilities located at Haridwar (54 million units), Bhopal (12 million units), Trichy (12 million units), and Hyderabad (12 million units) on […]

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RWE Decides To Build 35-MW Battery Storage For Biomass Plant

RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […]

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LOHUM Provides Nepal Indian Alternative to China by Supplying 25,000 MT EV Battery Materials

LOHUM, a producer of sustainable energy transition and battery materials through integrated recycling, repurposing, and refining, is partnering with Nepal’s EV ecosystem partners that are selling MG, Stellantis, and Tata EVs. The diverse pool of EV sector partners will also eventually include Volkswagen, Suzuki, Renault, and Mahindra EVs enter recycling, among others. The partnership will […]

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Shanghai Electric Firm Secures RMB400 Million Towards Energy Storage Business

Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric has announced that it has received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. Shanghai Electric will focus on promoting the research and development of new systems, promoting its […]

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