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energy storage

Energy Major Equinor Buys 45% Stake in UK Battery Maker Noriker Power

Equinor has signed an agreement with Noriker Power Limited, a battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage. In […]

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MIT Scientists Devise Semisolid Flow Battery for Wind, Solar Pwr Storage

For batteries made from an electrically conductive mixture, the consistency of molasses could help solve a critical piece of the decarbonization puzzle. MIT researchers have developed a semisolid flow battery that might be able to outperform lithium-ion and vanadium redox flow batteries. The semisolid flow battery can be a cost-competitive form of energy storage and […]

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India’s Journey Towards Clean Energy Transition in 2022: Stepped Approach

By Vishnu Sudarsan, J Sagar Associates Decarbonize, digitise and decantrise is the new mantra for India’s energy transition roadmap. PM Modi’s Paris pledge has given a shot in the arm for the country’s transition plan towards clean energy and to achieve the goal of greening the economy. It provides certainty and visibility to a clean […]

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Energy Dome Raises $11 M to Build Cost-cutting CO2 Battery

Energy Dome, an Italian energy storage technology company founded in 2019, has announced the close of its $11M Series A fundraise. The company will use the proceeds to complete the construction of its CO2 battery demonstration project in Sardinia, Italy, a product that is said to store energy at about half of the cost of […]

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Tata Power Solar Bags India’s Largest Solar Storage Project Worth Rs 945 cr From SECI

Tata Power Solar Systems Limited (Tata Power Solar), India’s largest integrated solar company and a wholly owned subsidiary of Tata Power, has received Letter of Award (‘LoA’) from Solar Energy Corporation of India Ltd. (SECI) to build 100 MW EPC Solar project along with 120 MWh Utility Scale Battery Energy Storage System (BESS). The total […]

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iSun Announces Investment in Encore Renewable Energy

Solar energy and clean mobility Infra company iSun is making a strategic minority interest equity investment in Encore Renewable Energy, one of the Top 20 US commercial solar developers. iSun offers the following key highlights of the new agreement: Investment to accelerate expansion of iSun’s Commercial, Industrial and Utility businesses into new geographic markets Provides […]

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European Solar & Storage Set to Grow over 400% by 2025: Study

The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […]

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Australia’s Grid Vulnerabilities Threaten Wind Energy Expansion Too

Australia, where solar rooftop became the number 1 source of energy on some day earlier this year, has been grappling with issues with the national grid for some time. At stake is not just the grid stability itself, but also the expansion of renewables further into the system. While large battery announcements have given the […]

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UK Fund Gresham House Raises £380m Funding For Storage Projects

Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […]

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