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Maxvolt Energy Secures USD 1.5 Mn From Angel Investors

Maxvolt Energy Industries, a Noida-based lithium battery manufacturer, and battery pack supplier for electric vehicles, energy storage systems, and medical devices raised 1.5 million USD in funding from multiple angel investors. This capital infusion will support Maxvolt Energys plans to advance sustainable energy solutions and strengthen its market position by introducing fast-charging lithium-ion batteries soon. []

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Land Issues Slowing Down RE Projects In South Asia: Bloomberg

According to a recent report by Bloombergs New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from []

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Five Solar Startups Using AI To Make An Impact

If tech in the 2020s had to be defined by a phrase, itd be Artificial Intelligence or AI. With every product nowadays coming out with some form of AI, its not surprising to see AI make its way to solar as well. In particular, startups have been at the forefront of the AI revolution for []

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Australias Origin Energy To Establish 2 GWh Battery In Queensland

Origin Energy has filed an environmental study with the Australian government for the construction of a new 500 MW/2,000 MWh battery energy storage facility to be developed near Kogan, approximately 40 km west of Dalby in Queenslands Darling Downs region. The largest combined cycle gas-fired power plant in Australia, the 630 MW Darling Downs power []

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Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US

Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the worlds largest transmission links delivering []

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KPI Green Energy Approves Fundraising Proposal Worth Rs 1,000 crore

KPI Green Energy has approved the proposal of raising Rs 1,000 crore in a recently held board meeting. According to a regulatory filing, KPI Green Energy will raise the funds through the issuance of equity shares of the Company or any other equity-linked securities of the Company or other securities convertible into or exchangeable for []

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Top Five Electric Auto Manufacturers In India Changing City Transit Landscape

Electric Auto-rickshaws are becoming the talk of the town with major transitions taking place in cities like Delhi. Amid the push for cleaner modes of transport, public transport is rapidly changing and electric buses are plying on the road in larger numbers. Now, electric autos have also come on the roads in a major push []

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Solis Seminar- Understanding the Battery Reserve Function and its Importance

Background Power storage solutions have become essential for households worldwide, ensuring uninterrupted electricity during power failures and network disruptions. For instance, in natural disasters, home energy storage systems can provide continuous power critical in such conditions. By storing renewable energy like solar power, these systems reduce grid dependency and overall energy consumption, optimizing electricity []

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Will CATLs Zero Degradation Battery Deliver On Its Promises?

Contemporary Amperex Technology Co., Limited (CATL), the worlds largest Li-ion battery manufacturer announced the launch of TENER last month in Beijing, China. The all-new TENER is dubbed as the worlds first mass-producible energy storage system with zero degradation. In addition, the storage system will also come with a considerable increase in capacity of energy storage. []

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