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battery storage

Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand

The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […]

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Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System

Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […]

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Europe’s Energy Storage Market Expected to Double in 2021: EMMES 5.0

According to a report released by the European Association for Storage of Energy (EASE) and Delta-EE today, Europe‘s annual energy storage market is expected to reach 3 GWh in 2021 from 1.7 GWh in 2020, almost double the growth rate.  The fifth edition of the European Market Monitor on Energy Storage EMMES 5.0, which report […]

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Specialist (Energy Storage)

The incumbent shall be responsible for conceptualising and implementing energy storage systems at both utility scale and retail scale. He/She shall be responsible to design, procure, erect and commission energy storage systems like battery energy storage systems (BESS), Hydrogen based storage systems, Pumped hydro storage systems, Mechanical energy storage systems (Flywheels, potential energy storage systems) […]

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Noon Energy’s Breakthrough Renewable Energy Storage Technology Lands $3M Seed Investment

Noon Energy Inc., developer of a revolutionary ultra-low-cost battery technology for long-duration energy storage, closed a $3 million Seed stage investment. Prime Impact Fund led the round and was joined by At One Ventures, Collaborative Fund, and Xplorer Capital. “Long duration storage is the missing link to a fully renewable electric grid. This is a difficult challenge because storage times must be […]

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Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025

Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […]

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Australia Approves 1.8 GW Hybrid, Plus battery Project

Australia, where rooftop solar was the big winner till last year, continues to make big strides in redressing the balance with the South Australia government approving a  huge project in Goyder South for wind, solar and battery storage. The project, once completed, is expected to take the state to a net 100 percent figure for […]

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Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm

RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […]

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