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energy storage

Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock

Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […]

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Rajasthan, Utah Sign Agreement to Collaborate in Energy Sector

The Rajasthan government and state of Utah in the US have entered into a partnership for knowledge sharing and collaboration in the energy sector The Rajasthan government and state of Utah in the US have entered into a partnership for knowledge sharing in the energy sector. The two states signed an MoU last week to advance state-level policy exchange, share emerging […]

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Engie Acquires African Off-Grid Energy Firm Mobisol

ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […]

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MSEDCL Seeks Approval for Procuring 500 MW RE With Storage to Fulfill RPO

MSEDCL has filed a petition with MERC for approval on procurement of 500 MW renewable energy with energy storage facility for 25 years The Maharashtra State Electricity Distribution Corporation (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval on procurement of 500 MW flexible and schedulable power from renewable energy […]

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Dominion Energy Proposes Largest Electric School Bus Initiative in the US

Dominion Energy has announced plans for the nation’s largest electric school bus deployment to reduce emissions, cut costa and enhance grid reliability. Dominion Energy Virginia has announced plans for the nation’s largest electric school bus deployment to reduce emissions, provide cost savings to school districts and enhance grid reliability. In the coming weeks, bus manufacturers will be […]

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Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia

Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, […]

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Tata Power-DDL, IFC Collaborate to Assess Battery Storage Demand

The motive behind the move is to ensure sustainable and reliable power distribution and to formulate a business model for storage deployment in distribution utilities. Tata Power Delhi Distribution Ltd (Tata Power-DDL), a distribution arm of Tata Power, has entered into an agreement with International Finance Corporation (IFC), a member of the World Bank Group, […]

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Storage Solutions Can Change the Outlook of India’s Telecom Industry: Atul Arya

Storage solutions can change the outlook of India’s telecom industry by enabling integration of renewable energy and providing future expansion of rural telecom reach, for small cell cities and energy management services on the cloud, believes Atul Arya, head energy systems, Panasonic India, an Indian arm of Japanese electronics major. In conversation with Manu Tayal, […]

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Energy Vault Gets $110 mn Investment From Softbank Vision Fund

Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […]

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