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battery storage

BYD Set To Build New 30 GWH Sodium-Ion Battery Facility In China

Chinese automotive company BYD has announced building a new sodium-ion battery facility in Xuzhou. With an investment of nearly USD 1.4 billion, the new facility is projected to generate an annual capacity of 30 GWh. BYD which stands for ‘Build Your Dream’ it’s a Chinese multinational conglomerate specializing in various industries, including electric vehicles, researchable […]

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Growatt’s WIT+APX Energy Storage System Aims For Emerging Storage market

Growatt’s ‘WIT+APX’ C&I energy storage system, designed for commercial, industrial, and micro-grid scenarios, offers eight distinct application modes: self-consumption, peak shaving, demand charge, power expansion, micro-grid, backup power, and power quality. The flexibility to meet the requirements of diverse customer needs is a function of not just the product design, but the firm’s belief that […]

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Emeren Reaches 1 GW Storage Milestone in Italy

Emeren Group Ltd , a leading global solar project developer, owner, and operator, has announced the successful sale of additional two Battery Energy Storage Systems (BESS) in Italy to Matrix Renewables (“Matrix”). This transaction follows the Company’s commitments outlined in the proprietary Development Service Agreement (DSA) signed jointly in June. Within just six months, Emeren […]

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ESMAP, World Bank Report Make Case For Energy-Plus Storage In India

A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […]

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India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report

Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […]

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Hindalco Joins Hands with USA’s C4V to Develop Battery Material

C4V, a firm specializing in Li-Ion battery technology based in the United States, has entered into a Memorandum of Understanding (MOU) with Hindalco Industries. This agreement focuses on producing and delivering aluminum foils, coated foils, and structural components specifically tailored for Li-ion cells, serving the expanding market for EV battery materials. The collaboration’s primary objective […]

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Li-ion Battery Recycling Firm BatX Energies Raises $5 Million Funding

Indian Lithium-ion battery recycling firm BatX Energies raised $5M in Pre-Series A Funding, fueled by Zephyr Peacock in participation with Lets Venture, and existing investors JITO Angel Network and Family offices of Mankind Pharma, Excel Industries, BluSmart and others.  Setting up the momentum for the Lithium-ion Battery recycling industry in India, the funds will turbocharge […]

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Pune-Based KPIT Technologies Unveils Sodium-Ion Battery Technology

Pune-based KPIT Technologies, a partner to the automotive and mobility ecosystem, introduced its Sodium (Na)-ion battery technology. The new technology by the battery tech offers an extended lifespan with 80% capacity retention for 3000-6000 cycles and faster charging capability as compared to lithium batteries. Its builds on and compliments KPIT expertise in software development, integration […]

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Trina Solar Lands First Industrial Solar Energy Storage Project in Japan

Trina Solar signed a memorandum of understanding (MoU) with Japan’s Narashinrinsigen Hozenkousya (Nara Forest Resources Protection Company of Japan) to boost the penetration of its energy storage systems in Japan.  As per the pact, this collaboration solidified Trina Solar’s entry into the industrial energy storage sector in Japan, with a commitment to supply large-scale Battery […]

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