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energy storage

Statkraft Secures German Contract for Solar & Battery Storage

Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authority’s announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkraft’s […]

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NHPC in MoU with GRIDCO for 2 GW Pumped Storage, 1 GW Solar in Odisha

Hydropower developer NHPC Ltd, has entered into an MoU (Memorandum of Understanding) with Grid Corporation of Odisha (GRIDCO). The agreement will pave the way for the development of pumped storage and renewable energy projects in Odisha. As per the agreement, pumped storage projects of a minimum of 2 GW and renewable energy projects that shall […]

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SOFAR Unveils First Microinverter System Called PowerNano for Future Home Energy

SOFAR, a global supplier of PV and ESS solutions, unveiled its latest technological innovation microinverter system, SOFAR PowerNano. The innovation made a debut at the ‘Powering Forward New Product Launch’ at Intersolar. Designed for the digital home energy of the future, PowerNano is suitable for all-scenario applications through a combination of microinverter, smart home hub […]

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Clearstone Energy Unveils Ambitious Plans for Energy Hub in Mid Devon

Clearstone Energy has revealed ambitious plans to establish a pioneering energy hub in Mid Devon, set to have a significant impact on  the UK’s response to the climate emergency. The proposed hub, situated adjacent to Junction 27 of the M5, aims to maximize the utilization of renewable energy from solar and wind farms, presenting a […]

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CEA Issues Norms For Field Efficiency Tests For Pumped Storage Projects 

The Central Electricity Authority (CEA) has issued fresh guidelines for the field efficiency tests in hydropower plants and pumped hydro storage projects to bring uniformity in the sector and to avoid disputes. The new norms define the testing agency, its role, and the standards to be used in such testing.  “This…is to provide a uniform […]

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Need A PLI Scheme For Grid-Scale Storage Systems: RK Singh

Union Power Minister RK Singh publicly batted for starting a dedicated Production Linked Incentive (PLI) scheme for grid-scale storage systems. The statement has opened up speculations about the intention of the government to create a new scheme in this direction. Speaking at a public Delhi, the Minister for New and Renewable Energy said that renewable […]

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Chinese Battery Manufacturer EVE Energy Scores Second Gigawatt Scale US Deal

China based lithium-ion battery manufacturer EVE Energy has signed a deal with American Battery Solutions  for 5GWh of LFP lithium-ion cells a year for ABS’s TeraStor platform. The master supply agreement (MSA) will see American Battery Solutions (ABS ESS) procure 5GWh of lithium iron phosphate (LFP) battery cells from  Eve for its grid-scale energy storage […]

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European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth

Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […]

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DNV Survey Puts Solar plus Storage At Centre OF Future Efficiency, Resilience

Accelerating solar-plus-storage in the next five years will be important for boosting the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. The finding is from DNV’s Industry Insights research, which surveyed global energy industry professionals on their outlook, expectations and priorities for the year ahead. Frequently referred to as the ‘power […]

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