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The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […]
Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […]
Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […]
IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […]
Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […]
Northvolt will build Europe’s largest and most advanced lithium-ion battery factory in Sweden. Supported by ABB’s industrial automation expertise, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions. ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, […]
It is now said to be primitive if we sit with a strong brewed coffee and the board directors of green revolutionaries give a throwback on coal and thermal reserves. Without sharing an anecdote, the facts and figures and latest economics of renewables especially solar has tethered traditional energy production. India has one national grid […]
Exclusively available to be purchased via the online platform www.itsmysun.com, the premium quality ‘G-Home-Powered by MYSUN’ solar kit is a complete and comprehensive packaged singular solution for anyone looking to install rooftop solar PV plant. MYSUN and GCL System Integration Technology Co. Ltd. entering into a strategic partnership has announced the launch of ‘GCL G-Home […]
A target of 175 GW by 2022 is not just challenging but brings a commodity to bring swift innovations to peg this clean mission. Falling energy storage costs and steadily increasing solar capacity stand to catalyze a paradigm shift from net metering to distributed energy storage. Implementing a system composed of a web of distributed […]
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