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energy storage

RES Diversifies Asset Management Business Through Blueshore Acquisition

UK-based RES, has announced the acquisition of Australia based Blueshore, an asset management business with 1.6GW of assets under management. The move doubles RES’ asset management portfolio in Australia to over 3GW. Blueshore provides commercial, technical and financial asset management services for solar and wind energy assets alongside the provision of portfolio management services to […]

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Budget 2022. Keep Up The Good Work, Says FM To RE Sector

In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […]

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Highlights from Economic Survey for RE Sector in 2021

The Economic Survey, which receded the annual budget of the government, is a widely anticipated document, seen more as a sort of white paper on what the government of the day considers its key achievements, and indications of the way ahead. To that extent, the latest Economic Survey document, all 442 pages of it in […]

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Bescom to Set Up 63 More EV Charging Stations Under PPP Mode

In a relief to electric vehicle owners, Bangalore Electricity Supply Company Ltd decided to set up 63 charging stations under public-private partnership model, according to recent media reports. Saying they have set up 136 EV charging stations — 106 AC and 30 DC chargers — in Bengaluru, in line with EV and energy storage policy, […]

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All About Metal-Air Batteries

Metal-air batteries are an attractive technology. They are safer and have a higher energy density than other types of batteries. The application of air as a cathode helps in lowering the cost and the weight considerably. The utilization of cheap metals as an anode further assists in lowering the cost. A metal-air battery functions in […]

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In Australia, NSW’s Second REZ Targets $10 Billion Investments

New South Wales (NSW), which also houses state capital and Australia’s largest city Sydney, has just declared its second Renewable Energy Zone (REZ), as part of its long term strategy to replace its fossil fuel driven electricity sector with renewable energy. The latest zone is the New England REZ, based around Armidale in the state’s […]

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Fluence Commissions 20 MWh BESS In Philippines

US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […]

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Sungrow Tops ESG Rankings in China

Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […]

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ABC’s Advanced Lead Acid Batteries Find a Taker In Greencore EV Stations

Advanced Battery Concepts, LLC (“ABC”) and GreenCore EV Services LLC (“GreenCore”) have announced the signing of an Memorandum of Understanding (MOU) whereby ABC will begin supplying its patented GreenSeal® storage batteries to thousands of Solar Electric Vehicle (EV) Charging Plazas being installed by GreenCore across the United States. Under this arrangement, ABC will manufacture and […]

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