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IEEFA Study Makes Case For More Trading, Larger Power Pooling To Cut Costs

The transition to a resilient electricity grid with increasing amounts of cheaper, variable renewable energy will require reforms to the scheduling and dispatch of power, some of which can potentially help electricity distribution companies (DISCOMS) save billions of dollars, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “India added […]

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Superior Battery Swapping Infrastructure Can Change the Entire EV Ecosystem

This year’s Budget was very important for the EV Industry as the Indian government has introduced a battery swapping policy and created higher standards for the growth of India’s electric vehicle (EV) ecosystem. The battery swapping policy and interoperability standards for electric vehicles (EVs) announced by the government in the Budget aim to address one […]

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Setting Up a Battery Manufacturing Plant: The Factors That Matter

Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […]

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UK’s Foresight Solar Fund Forays Into Battery Storage; Takes 50% stake in SBSL

Renewable energy player, Foresight Solar Fund Limited, has acquired stakes in Sandridge Battery Storage project after it has acquired 50 per cent equity in Sandridge Battery Storage Limited (SBSL), the company is developing and constructing a large  energy storage facility in UK. The facility is a 50 MW lithium-ion battery energy storage system based in […]

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Battery Smart Raises $25 Million Funding Led by Tiger Global

Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global.  Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […]

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Battery Swapping Primer: A Viable Alternative to Charging Stations

Battery swapping can be a game-changer, bringing the world a few steps closer to electric vehicles. It has the potential to enhance the attractiveness of electric mobility by addressing both the early market purchase price disparities with conventional vehicles and, importantly, the recharging time challenges of electric vehicles (EVs). A swap station offers a fully […]

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Chinese EV maker Nio To Manufacture Battery Swap Stations in Europe

Chinese automobile manufacturer and power solutions provider Nio has announced that the company will be coming up with a manufacturing plant in Europe where it will be producing battery swap stations for the overseas market. It was reported early this year that Nio was looking to hire in Hungary for a manufacturing plant. Nio is […]

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Energy Dome Launches First CO2 Battery Long-Duration Energy Storage Plant

Italy based Energy Dome has announced the launch of a commercial long-duration energy storage technology plant in Sardinia. This plant was launched on the 8th of June 2022. It is the world’s first CO2-based Grid-connected battery storage technology. This long-duration energy storage approach will aid in the development of a reliable alternative to fossil fuels […]

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