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battery storage

UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing

DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […]

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POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment

POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […]

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Scientist Wins European Inventor Award 2023 for Safer Lithium-ion Battery Technology

The European Patent Office (EPO) has revealed that Chinese scientist Kai Wu and his team are winners in the ‘Non-EPO countries’ category of the European Inventor Award 2023. Out of more than 600 candidates, Wu and his team were recognized for their development of a Lithium-ion battery technology with a special top cover that helps […]

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RACEnergy Opens Battery Facility Capable of Producing 30,000 Swappable Batteries PA

RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. As per the firm, the new facility will provide a collaborative environment for engineers and designers to push the boundaries of […]

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AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia

Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […]

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University of Freiburg Leads Breakthrough in Aluminum-Ion Battery Research

A team led by the University of Freiburg has made remarkable strides in aluminium ion battery chemistry, bringing us closer to a viable alternative to traditional batteries that rely on rare and challenging-to-recycle resources like lithium. Aluminium, being abundantly available in the Earth’s crust, offers a more sustainable and cost-effective solution, along with improved safety […]

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Need A PLI Scheme For Grid-Scale Storage Systems: RK Singh

Union Power Minister RK Singh publicly batted for starting a dedicated Production Linked Incentive (PLI) scheme for grid-scale storage systems. The statement has opened up speculations about the intention of the government to create a new scheme in this direction. Speaking at a public Delhi, the Minister for New and Renewable Energy said that renewable […]

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Chinese Battery Manufacturer EVE Energy Scores Second Gigawatt Scale US Deal

China based lithium-ion battery manufacturer EVE Energy has signed a deal with American Battery Solutions  for 5GWh of LFP lithium-ion cells a year for ABS’s TeraStor platform. The master supply agreement (MSA) will see American Battery Solutions (ABS ESS) procure 5GWh of lithium iron phosphate (LFP) battery cells from  Eve for its grid-scale energy storage […]

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Solis Makes its Presence Felt at Intersolar Europe by Unveiling PV Energy Storage Solutions

On June 14-16, 2023, Intersolar Europe, a global photovoltaic event, was kicked off in Munich, Germany. Solis, a manufacturer of energy storage and photovoltaic inverters, used the platform to showcase a new generation of photovoltaic energy storage solutions on the spot. Here is a list of innovations unveiled by Solis on the occasion- Photovoltaic Energy […]

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