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Lithium batteries

Green Hydrogen Based Microgrid Closes Funding In California

Energy Vault Holdings Inc. has announced the successful close of $28 million in project financing for its Calistoga Resiliency Center (CRC). The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC. The Calistoga Resiliency Center has been touted as the World’s First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage […]

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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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Sulfur Battery Tech Startup theion Secures €15 Million

Germany is moving to the forefront of battery technology, as Berlin-based theion today announced the successful closing of a €15 million Series-A funding round to accelerate the development of its next-generation crystal sulfur batteries. The investment, led by Team Global, with participation from Geschwister Oetker Beteiligungen and Enpal, signals strong confidence in Germany’s ability to […]

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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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New LMFP Cathode Material Promises Enhanced EV Range

A new Lithium Manganese Iron Phosphate (LMFP) cathode active material developed by Integrals Power could increase the real-world range of electric vehicles (EVs) by extending the useable capacity of the battery under high discharge conditions, the firm has claimed. It said that the conventional Lithium Iron Phosphate (LFP) chemistries experience a reduction in useable capacity […]

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10 Indian Companies Plan To Set Up Gigafactories In India

The Volta Foundation in its latest  2024 report, based on its Gigafactory track, has identified 10 Indian companies planning major expansions in India’s battery sector. Some of the key players include Reliance in Gujarat (50 GWh), Amara Raja in Telangana (16 GWh), Exide in Karnataka (12 GWh), Godi in Hyderabad (12 GWh), OLA in Tamil […]

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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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Fronius Launches ‘Reserva’, Its Battery Storage System

Austrian solar energy firm Fronius, known mostly for its solar inverters until now,  has launched the  Fronius Reserva. The Reserva is Fronius’s own battery to go woth inverters and use in solar systems, for a range between 6.3 and 15.8kWh. “We believe in a future in which renewable energies cover 100 percent of the world’s […]

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BESS Deployments In January Over 13 GWh Globally With 94% YoY Rise

January 2025 proved to be the strongest first month on record for the expanding energy storage market. Over 13 GWh of storage entered operation in the grid market across 81 projects, marking a year-on-year increase of 94%. It also shared an update on the Battery Energy Storage System (BESS) deployment during this period. Rho Motion […]

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