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energy storage system

Fintech platform Rupyy Partners with OEMs for Foray into EV Financing

Rupyy, a FinTech platform, recently announced its foray into the electric vehicle (EV) financing segment. The firm claims says it is building on its mission to revolutionize the financing experience for all vehicle financing categories, Rupyy has partnered with original equipment manufacturers (OEMs) and multi-brand outlets (MBOs) in the EV industry to offer flexible and […]

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APERC Lowers Ceiling For Netmetering, Enhances Gross Metering Limits

In its latest draft report, the Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed reducing the upper ceiling limit for net-metering consumers going for rooftop solar. At the same time, the Commission proposed increasing the upper cap for gross meter consumers, hinting at a higher push for gross metered consumers. The latest draft regulation has been named […]

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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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African Development Bank’s SEFA Provides $7.88 Million Grant for AETC Programme

The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent. The AETC Programme The Africa Energy Transition Catalyst Programme, also known as AETC, is a program […]

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Magenta Mobility Unveils PLENT With 12 Charging Outputs

Magenta Mobility, an Indian Electric Mobility and EV charging solution provider announced the launch of its groundbreaking product designed to meet the growing demand for safe, smart, and cost-optimal EV charging. According to Magenta, EV charger PLENT reduces the cost per charging point, especially for fleet operators and residential societies. The key feature is that […]

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Fluoride Electrolyte Innovation: Transforming Batteries for a Sustainable Future

In a significant development for the field of battery technology, scientists at the U.S. Department of Energy’s Argonne National Laboratory have made a groundbreaking discovery involving a fluoride electrolyte that could potentially protect next-generation batteries against performance decline. This innovation could have a transformative impact on the electric vehicle (EV) industry and other advanced battery […]

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China Gets the “Largest” Solar Powered Green Hydrogen Project in the World

China Petroleum & Chemical Corporation (Sinopec), the $490 billion oil major announced the start of production at a Green Hydrogen Pilot Project (“Project”) constructed by the company in Kuqa City of Aksu Prefecture, Xinjiang Uygur Autonomous Region. The project aims to produce green hydrogen using solar power instead of natural-gas-based hydrogen at Sinopec’s refinery in […]

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ZincFive Closes $80 Million Capital Partnership with Orion Infrastructure Capital

ZincFive, a nickel-zinc (NiZn) battery-based solutions provider, announced a strategic partnership with Orion Infrastructure Capital (OIC). The capital investment will provide ZincFive up to $80 million via a term loan to fuel the company’s global commercial adoption in existing and new markets, including mission-critical applications in data centres, industrial engine starting, and other high-power energy […]

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