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energy storage system

Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market

Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from  BITS Pilani. Having helped build robotics solutions in India’s first deep […]

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Growatt Wins “Top Brand PV Storage” Award From EUPD Research

EUPD Research, the well known market research company, has awarded “Top Brand PV Storage” to Growatt in 6 different countries including Italy, Australia, the UK, Scandinavia, the Czech Republic, & Brazil, etc. The award recognises the brand for credibility, market penetration, brand recognition, and satisfaction, in all these six countries. Growatt is included in the […]

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World’s Largest Solar Plus Storage Project Coming up in Philippines

The Philippines is set for a major renewable energy expansion in the near future.  In a fresh development, Philippines-based billionaire and the second richest man of the country – Enrique Razone – will be developing the largest such solar power project in the country. According to the official statement, the mega solar power facility will […]

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Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform

Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […]

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Endurance Technologies Enters BMS Segment With Maxwell Energy Acquisition

Indian auto-component maker Endurance Technologies has now entered into the new avenue of the electric vehicle centric product lines. This has come with the key acquisition of Battery Management System (BMS) unit of Mumbai based company Maxwell Energy Systems. The deal between the two companies entails that Endurance Technologies shall buy a 51 per cent […]

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For GoodWe, Global Award Vindicates Early Move Into Storage Inverters

GoodWe was recently awarded the title of Most Efficient Asian Storage Manufacturer by Berlin University of Applied Science through SPI efficiency test. While the recognition was welcome for the firm, what most people may not know is that GoodWe had complete a decade in the energy storage industry. As one of pioneers, the firm has […]

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Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings

The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […]

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We Should Soon Witness Large Solar+Storage Offgrid Setups In India.

The electric mobility space has been a hotbed for startups, who saw the opportunity in the green transition. It helped that the transition is calling for a virtual reinvention of multiple aspects of the way mobility was done, right from vehicles, to vehicle batteries, to charging and more. One such startup in the news has […]

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540 MW Boralex Solar Farms & 77 MW of Storage To Add To New York Renewable Power

Quebec, Canada based Boralex Inc. has announced five solar farms totaling 540 MW of generation and 77 MW of storage have been selected by the New York State Energy Research and Development Authority (NYSERDA) as part of its 2021 request for utility-scale renewable energy certificates. Once constructed, the solar farms will generate more than 1 […]

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