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India Mulls Subsidies for Battery Manufacturing

The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […]

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Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon

For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […]

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China’s CATL Joins Next Energy for Battery Storage Business in Japan

CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […]

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Tata Planning Rs 4000 Cr Li-Ion Battery Manufacturing Plant in Gujarat

Tata Group is planning to set up a multi-crore lithium-ion battery plant in Gujarat’s DSIR area according to a senior state government official According to Jaiprakash Shivhare, managing director, Dholera Industrial City Development Limited (DICDL), Tata Group, has committed an investment of Rs 4,000 crore to set up a lithium-ion battery plant in Dholera Special […]

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South Sioux City in US To Add 1.5-MW of Battery Storage for Solar Project

The city of South Sioux City will become a “demonstration site” for the storage of electric power generated by the city’s 1,200-panel solar installation. A large-scale battery with the capacity to store 1.5 megawatts of power will be installed by Florida-based NextEra Energy Inc. this winter, according to the City Administrator Lance Hedquist. The battery […]

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Duke Energy Florida to Build 22 MW Battery Storage System

The company has scheduled the completion of all three projects by the end of 2020. Duke Energy Florida (DEF) has announced three battery storage projects, totaling 22 megawatts, that will improve overall reliability and support critical services during power outages. Collectively, the storage facilities will enhance grid operations, increase efficiencies and improve overall reliability for surrounding […]

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Battery Management System Market Is Projected To Reach $11.17 Billion By 2025: Report

According to a report published by Grand View Research, The growing penetration of UPS solution in businesses to counter data loss is expected to spur the demand for Battery Management System Market. Lithium-ion batteries are used in applications requiring high-energy density solutions.   According to a report, “Battery Management System Market Analysis By Battery Type […]

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Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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