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battery energy storage systems

NREL Confirms Spike In Solar and Storage Costs In US

The  National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […]

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Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital

Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […]

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Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal

Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […]

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Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy

Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […]

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Tdafoq Energy, Delectrik Systems Partner for Battery Project in Saudi Arabia

Tdafoq Energy of Riyadh, Saudi Arabia has entered into a distribution and manufacturing license with India-based Delectrik Systems. Tdafoq Energy will exclusively sell Delectrik’s Vanadium Redox Flow battery products manufactured in India in the Gulf countries. According to the official statement of the companies, the sales will take place in Bahrain, Kuwait, Oman, Qatar, Saudi […]

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Panasonic Demonstrates New Technology Solution to Optimise Renewable Energy

Global electronics and RE late entrant Panasonic has announced that it has developed an innovation to enhance renewable energy. The company has introduced an experiment called ‘H2 KIBOU FIELD’ at the Kusatsu factory in Shiga Prefecture, Japan. In the novel experiment, Panasonic found that battery storages, pure hydrogen fuel cell generators and solar PV generators […]

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US Army Opts for Lead Batteries, US Firms to Develop Storage

The US Army has chosen advanced lead battery energy storage systems to enhance its operational effectiveness in disaster zones and combat. A project led by Paragon Solutions and the Consortium for Battery Innovation (CBI) is providing a new set of systems that can provide power for critical military operations anywhere in the world. Paragon, an […]

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China’s CATL to Supply Battery to 690 MW Gemini Solar + Storage Project

Global battery manufacturing major Contemporary Amperex Technology Company Limited (CATL) has announced that it has entered a sole battery supply agreement with Primergy Solar for a record breaking $1.2 billion Gemini Solar+Storage Project that lies outside of Las Vegas, Nevada, USA. Primergy Solar is a developer, owner and operator of utility and distributed scale solar […]

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