SUBSCRIBE NEWS LETTER

battery storage

Battery Smart FY22 Revenues at Rs 7.95 Crore, Stations Cross 500 Mark

Backed by some strong investor backing, three year old EV battery swapping solution provider Battery Smart finally hit its straps in the last financial year. Battery Smart’s revenue from operations jumped to Rs 7.95 crore during the fiscal year ending March 2022 from Rs 18 lakh in FY21, as per the consolidated annual financial statement […]

Read more

Power Storage Startup Su-vastika Launches Electronic Genset

Gurugram-based power generation startup Su-vastika has launched its electronic genset, terming it a cost-effective solution for increased pollution levels. Calling it the “Power on Wheels”, the company claims that the electronic genset is  a pollution-free and cost-effective alternative to traditional diesel generators. The company has installed its electronic genset in their Gurugram-based manufacturing facility which […]

Read more

Energy-tech Startup Zendure Introduces First Plug-and-Play Energy Storage System

Energy-tech startup Zendure has introduced SolarFlow, which is said to be the first plug-and-play solar energy storage system for balconies. The energy storage system is made up of a PV hub and boasts of upto four batteries. SolarFlow offers compatibility with the usual balcony solar panels and lets residents in apartment and condos to store […]

Read more

Green Li-ion Secures $20.5 Million for Battery Recycling Technology

Singapore-based lithium-ion battery recycling technology player Green Li-ion has secured $20.5 million in the recent round of pre-series B funding. The investment backers included venture capital firm TRIREC, solar firm Banpu NEXT and energy company Equinor Ventures. Green Li-ion has developed a prototype of its GLMC technology and is expecting to start the commercial production […]

Read more

Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit

Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […]

Read more

Idaho’s First Utility-Scale Energy Storage Installations Underway

The first utility-scale energy storage installations in Idaho are underway as construction has begun on them. The said installations entail an 80-megawatt (MW) BESS (battery energy storage system) that is under construction at Idaho Power’s Hemingway substation in Owyhee County. It also includes a 40 MW battery energy storage system under construction adjacent to the […]

Read more

ACWA Power to Build 2.6 GW of Solar and Storage Facilities in Uzbekistan

Saudi Arabia flagship company for renewable energy ACWA Power has announced that it has signed agreements under which it will be developing two solar parks and also storage capacities in Uzbekistan. ACWA Power held that the combined capacity of the solar power projects will be about 1.4 GW. The company will also include battery storage […]

Read more

Sodium-ion Battery EV Takes Over: JAC Auto Unveils First EV of its Kind

World’s first Sodium-ion Battery Powered Electric Vehicle (EV) has finally made its debut. A Chinese EV brand JAC Auto has unveiled an EV which has diverted its source of power from traditional Lithium-ion batteries to cheaper Sodium-ion batteries, one of the trending research themes in energy storage and innovations across the industry. The First Sodium-ion […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll