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battery systems

63% of Planned Battery Storage in US to Be Co-Located With Solar

Of the 14.5 gigawatts (GW) of battery storage power capacity planned to come online in the United States from 2021 to 2024, 9.4 GW (63%) will be co-located with a solar photovoltaic (PV) power plant, based on data reported to us and published in the Annual Electric Generator Report. Another 1.3 GW of battery storage […]

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Solar Hybrid Systems Firm Zola Electric Raises $90 million

ZOLA Electric, the Amsterdam, Netherlands-based renewable energy technology company solving Energy Access and Energy Equality in emerging markets, has announced the successful completion of a $90 million capital raise, comprised of $45 million of equity, $45 million of debt. The firm has a strong footprint in Africa for now, with its ZOLA flex plug-and-play, connected, […]

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Jakson Group Launches New Battery Energy Storage System

Jakson Group, a Noida-based energy and infrastructure company, has launched EnerPack, a new battery energy storage system (BESS), to help mitigate climate change and facilitate unhindered supply of green power. This product provides carbon-free clean power and enables uninterrupted silent power supply while significantly reducing costs, said the company. Equipped with a hybrid inverter, lithium-ion […]

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Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu

Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […]

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US Battery Storage Facilities Set Capacity Records: IHS Markit

Utilities in the US are poised to leapfrog each other in the race to have the largest installation in the country and the world, as a California facility was expanded this month, but a Florida utility will soon finish an even bigger project, writes Kevin Adler, Editor, Climate & Sustainability Group, IHS Markit, in a timely […]

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MNRE Issues Benchmark Costs for Rooftop Solar PV Systems for FY22

The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year i.e. 2021-22 (FY22). Benchmark costs for FY22 for general category states/UTs are as follows: Benchmark costs for Special Category States/UTs (i.e. North-Eastern States including Sikkim, Himachal […]

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Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030

Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […]

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Indian Scientists Make Dendrite-free Zinc-iron Redox Flow Battery

Indian scientists have created a redox flow battery based on zinc and iron, which showed strong storage characteristics and no signs of degradation over 30 charge-discharge cycles. Additionally, the battery did not show any signs of dendrite formation, overcoming one of the key challenges for redox-flow batteries based on these low-cost, abundant materials. The researchers […]

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Cell Propulsion Launches Li-ion Battery Facility in Bengaluru

Bengaluru-based mobility and EV technology startup Cell Propulsion has launched its pilot production line for Li-ion batteries at a facility which has a maximum output of 500kWh/month. The cells will be used in the company’s in-house light commercial electric vehicles. Founded by Nakul Kumar (CEO & Co-founder), Paras Kaushal (COO & Co-founder), and Supratim Nuskar (CTO), who […]

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