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battery energy storage systems

New Fund by TDK Ventures to Invest $150 Million in Green Energy

Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […]

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Axpo to Deliver 25 MW Lithium Battery Storage Project in Sweden

Renewable energy developer Axpo will develop one of Sweden’s largest battery storage facilities. Acquired from project developer SENS (Sustainable Energy Solutions Sweden), the 25 MW battery storage facility in Filipstad is designed to provide ancillary services to help balance the electricity grid. Its construction is expected to start in early 2024. Axpo will develop a […]

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TagEnergy Energises 50 MW Battery Storage Facility For UK

Global clean energy enterprise Tag Energy has announced that it has operationalised 49.5MW/99MWh standalone energy storage system near Luton, England. The funding has also come from Santander UK in the £30 million Chapel Farm development. The ESS is a joint venture between TagEnergy and Yorkshire-headquartered Harmony Energy. TagEnergy’s had acquired a 60% stake in the […]

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Apex Clean Energy, Powin To Develop 400MWh of Energy Storage Projects

Utility scale renewable energy developer Apex Clean Energy and integrated battery solutions provider Powin have announced two new battery storage projects in Texas. Apex developed and will construct, own, and operate the projects; Powin is providing its Centipede Platform and StackOS battery management system. Angelo Storage, co-located with the 195 MW Angelo Solar Project, and […]

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Renewable Energy: Looking Beyond Gujarat In 2023

The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […]

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Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia

RWE Renewables, a German-based energy company, has now bagged a tender in New South Wales (NSW) in Australia to offer long-term energy storage systems. The company had earlier bid for its proposed eight-hour-long battery storage systems. However, by quoting lower than pumped storage, the firm has opened up a slew of possibilities on the utility […]

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GUS Technology Opens Taiwan’s First Battery Gigafactory

GUS Technology has inaugurated and opened Taiwan’s first battery gigafactory in Jhongli Industrial Park.  The firm’s facility will help in Taiwan’s lithium battery industry reach a new milestone. GUS Technology focuses on lithium titanate (LTO) and NCM material systems. The factory entered into the design, development, and manufacturing of battery modules for EVs and energy […]

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Explained: Can Higher Energy Density Batteries Power Air Travel ?

One of the world’s largest battery manufacturers, CATL, has recently unveiled its new condensed battery boasting an impressive 500 Wh/kg energy density. The significance of this can be gauged from the fact that the firm teased the idea of electrifying passenger aircraft with its new battery revelation. And yes, it’s not yet another ‘demonstrator’ with […]

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