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energy storage

US Researchers Pursue 5¢/kWh Energy Cost Goal with New CSP System

The US National Renewable Energy Laboratory (NREL) and the Department of Energy (DoE) are working on a state-of-the-art concentrated solar power (CSP) facility as the government looks to reduce the energy cost to a mere 5 cents per kWh. The new technology is expected to have the potential to lower the cost of renewable energy […]

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IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others

Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries.  According to the firm, growing demand […]

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Ayana, Greenko Partner to Develop 6000MWhr Storage Capacity

Greenko Group and NIIF-backed Ayana Renewable Power have entered into an agreement to provide standalone storage capacity in a template that sets a standard for such transactions in India, the companies announced in a recent statement. Under the partnership, the companies will develop firm and dispatchable renewable energy solutions, including round-the-clock power supply of up […]

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After a bruising 2021, Wind Energy suppliers hope for a better 2022

2021 was a difficult year for the Wind energy industry.  Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy  was best exemplified by Siemens Gamesa, […]

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Powin Signs Up for 5.8 GWh of storage across US, Taiwan

Powin Energy, a global leader in the design and manufacture of scalable battery energy storage solutions, has announced that it has signed framework agreements with four developers to purchase 5,800 megawatt-hours (MWh) of battery energy storage systems to be allocated across multiple projects in the United States and Taiwan. The energy storage systems will be […]

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ArcelorMittal Throws in Hat to Buy Sprng Energy in Green Steel Push

ArcelorMittal, the world’s biggest steel maker is making a play for Sprng Energy, Indian renewable platform of Actis, as the steelmaker looks at cleaner energy sources to decarbonise production around the world and in India, people aware of the development have told news agencies. This arguably is the first time in India a steel producer […]

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ISA and the Quest for Clean Energy

Global Strat View hosted a panel discussion on the International Solar Alliance (ISA) and the Quest for Clean Energy on February 4, 2022, at the National Press Club, Washington. Moderated by Kostis Geropoulos, Energy Editor at New Europe, the panelists included Jagjeet Sareen, Assistant Director General of International Solar Alliance (ISA); Llewellyn King, founder of the Energy Daily; and Neelima […]

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Ather Energy, Karnataka ESCOMs to Set Up 1,000 E2W Charging Stations

A Memorandum of Understanding(MoU) was signed between electric two-wheeler maker Ather Energy and Electric Supply Companies (ESCOMs) of Karnataka in the presence of Chief Minister Basavaraj Bommai on Thursday for setting up 1,000 fast-charging stations across the state. The ESCOMs would be the nodal agency to provide all technical support and government agencies would coordinate […]

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