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energy storage

US Based Lunar Energy Raises $300 Mn To Expand RE Solutions

Global clean energy player, Lunar Energy has announced that it has raised $300 million in funding over two rounds by Sunrun, the USA’s leading residential solar and battery storage provider, and South Korea’s SK Group. Furthermore, Lunar said that it also acquired Moixa, the leading global software company for distributed energy resources (DER) management. ITOCHU […]

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JSW Renew Energy Wins Big SECI Tender for BESS

In a major development, JSW Renew Energy Five Limited, a special purpose vehicle of JSW Energy- is amongst India’s leading private sector power producing companies, has won a battery storage auction by SECI (Solar Energy Corporation of India). The auction was for the establishment of pilot projects entailing 500MW/1000 MWh standalone BESS (Battery Energy Storage […]

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Electrolyser maker Ohmium, Shell India Collaborate On Green Hydrogen Energy Solutions

To assess hydrogen applications, markets, and project potential in India and globally, Haryana-based Shell India and Ohmium International, a green hydrogen firm that designs, produces, and deploys PEM Electrolyzers, are working together. Both the sides are looking to establish collaborative working groups as part of the collaboration to evaluate potential from the technical, commercial, and […]

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American Battery Solutions Launches Storage Solutions Product Line

Commercial and industrial advanced battery systems manufacturer, American Battery Solutions, has announced its new Energy Storage System division branded as ‘ABS ESS.’ According to American Battery Solutions, ABS ESS has unveiled TeraStor, its new lithium-ion battery energy storage platform, specifically for large-scale energy storage projects. Additionally, ABS ESS has also released StorView, its Energy Management […]

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North America’s EDF Renewables Operationalises Palen Solar Site With Storage

EDF Renewables North America (EDFR) has announced that its Palen Solar site is fully operational and delivering green energy to the grid.  The site consists of four projects totaling 620 megawatts (MWdc) of solar PV plus 200 MWh of battery energy storage. The official statement of EDF held that the projects, which utilize horizontal single-axis […]

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L&T Looks to Invest Upto $2.5 Billion In Green Energy

Engineering conglomerate Larsen & Toubro (L&T) is mulling to invest upto $2.5 billion in the coming three to four years and work throughout the value chain of green energy to create green assets. This may be aimed at realising water neutrality by 2035 and carbon neutrality by 2040. The L&T officials have revealed the fact […]

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Zendure: A Rising Clean Energy Startup from Silicon Valley

Launched in 2013, Zendure is one of the fastest growing Clean EnergyTech start-ups based in the technology hubs of Silicon Valley, USA and the Greater Bay Area in China and Japan. Its Co-Founder, Bryan Liu, is the highest official as the Chief Executive Officer of the firm. Zendure has continuously launched innovative products, and made […]

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German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1

In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […]

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Solar Investment Fund SolRiver Capital Invests In Korsail Energy

US-based solar developer, Korsail Energy has announced recently that the company has  received a significant development finance commitment from the US-based renewable energy investment fund SolRiver Capital. According to Korsail, the company will complete its 2 GW worth of solar and storage projects with the help of this investment. Korsail Energy said, “With the help […]

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