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energy storage

Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report

A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […]

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Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project

Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […]

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ZEVO Introduces Electric Refrigerated Vehicle in Partnership with IIT

Tech-enabled electric vehicles mobility platform, ZEVO, has announced its partnership with Machphy Solutions towards the deployment of the brand’s innovation across ten cities in its inaugural year. The initiative will benefit several sectors such as pharmaceutical, seafood, dairy, and FMCG Industries in the temperature controlled last-mile delivery segment. Machphy Solutions is a tech firm from […]

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Sungrow’s 1+X Modular Inverters Back Brazil’s Solar 267MWp

Sungrow, the leading global inverter and energy storage system supplier, announced that the Company supplied Comerc Renew, BU (business unit) of centralized renewable generation of Comerc Energia Group, with its featured 1+X Modular Inverter solutions to a 267 MWp PV project in Brazil.The project is seen as a significant milestone in Brazil’s renewable ambitions. The […]

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Behind China’s Global Renewable Leadership

Wood Mackenzie, in its latest projection finds that China is currently on target to reach its 230 gigawatts (GW) of wind and solar installations target this year. With this, the report claims that, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest […]

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Waaree Energies Supplies 850 MW Solar Modules to Acciona for US Projects

Waaree Energies Limited has announced it has successfully supplied 850 MW solar PV modules for projects under development in the US by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement […]

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Deye To Start Manufacturing Inverters, ESS in India Soon: Bharat Singh

How has the journey of Deye in India been till now?  In the last two years, Deye has increased its presence in India. We earlier, introduced our hybrid inverters to ensure our brand gets recognition in the country’s renewable sector. We also launched on-grid inverters. In the recently-concluded REI Expo in Greater Noida, we introduced […]

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Tata Power Claims To Install 62,000 Home Chargers For EVs Till Now

TATA Power, recently announced addition of 11,529 new Electric Vehicle (EV) home chargers in the second quarter of FY24. This brings the total count of Tata Power home EV Chargers to 62,000 across India. Tata Power claims that its home EV charging solutions enhance, convenience and accessibility of EV charging for Tata Power EZ Charge’s customer […]

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Green Electric Tugs to be Built by Defence Shipyard Firm in MoU with Three Entities

Garden Reach Shipbuilders and Engineers (GRSE) Ltd – a defence shipyard firm has joined hands with three entities for the development of green electric tugs. GRSE has signed a Memorandum of Understanding with Shift Clean Energy, Seatech Solutions and the American Bureau of Shipping towards this initiative. The firms will look into the development of […]

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