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energy storage

Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration

Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […]

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DHI Issues RFP Inviting Bidders for PLI Scheme on ACC Battery Storage

​In a latest development on the National Programme on Advanced Chemistry Cell (ACC) Battery Storage notified earlier, the Ministry of Heavy Industries (MHI) has issued a Request for Proposal (RFP) to invite bidders for setting up greenfield manufacturing facilities under the production-linked incentive (PLI) scheme to promote ACC manufacturing in the country. The programme offers […]

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The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note

A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […]

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EY Study Shows Rise of ‘Omnisumer’: Customers of New Energy Solutions

A perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centers around renewables and infrastructure, it mostly overlooks the customer. EY has conducted a survey of 34,000 energy consumers across 17 countries to understand their shifting needs, values and expectations, and the results present […]

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Key Highlights From SECI’s RFS for Battery Storage Systems

SECI’s release of the RFS document inviting submissions for Pilot Projects of 500 MW/1000MWh Standalone Battery Energy Storage Systems in India finally gets the process started on this critical aspect of the future for renewable energy. We bring you some key highlights from the document. At the outset, the RFS, for the first time acknowledges […]

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B.Tech In Energy Engineering At IIT Delhi To Start From Coming Session

The Indian Institute of Technology (IIT) Delhi has  announced a new undergraduate course– B.Tech. in Energy Engineering, that will be offered by the institute’s department of energy science and engineering (DESE). The move comes even as the opportunities, and requirements for skilled energy professionals skyrockets, with the country in the midst of a massive energy […]

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SECI Kicks Off Storage Push With EOI For 1 GW Project

SECI has been given the go ahead for inviting expression of interest for installation of 1000 MWh Battery Energy Storage System (BESS) as a pilot project. This is the joint effort of both Ministry of New and renewable energy and Ministry of Power who have been working on this to provide a road map for […]

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CalWave Commissions Open-water Wave Energy Pilot in California

US firm CalWave has announced it has successfully commissioned its CalWave x1™ off the coast of San Diego, marking the beginning of California’s first at-sea, long-duration wave energy pilot operating fully submerged. The project is supported by the U.S. Department of Energy (DOE) funding, with the goal to demonstrate CalWave’s scalable and patented xWave technology. […]

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Eos Energy to Get $25 M Equipment Funds from Trinity Capital

Eos Energy Enterprises, a provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, has announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement with Trinity Capital, a leading provider of debt and equipment financing to growth stage companies. The funds will be used […]

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