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LG Energy, GMs Sec. Ultium Cells Plant Begin Production In Tennessee

Ultium Cells, a joint venture of South Korean-based LG Energy Solution and General Motors (GM), recently announced more than $2.3 billion in investment. This investment is undertaken to build its second battery cell manufacturing plant in the United States (US) in Spring Hill, Tennessee. Ultium Cells plans to build the new plant on land leased []

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GRIDCO Invites Bids For 500 MW Energy Storage Project In Odisha

Grid Corporation of Odisha (GRIDCO) invited bids and released an e-tender from eligible bidders for 500 MW through Energy Storage System (ESS) capacity. The tender stated, The GRIDCO project connected to the CTU/ Odisha STU, with 5 hours of peak support, for 5 years. Confirming the terms and conditions mentioned in the tender document. The []

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Nissan Plans To Launch 16 New Electric Model In Next Three Years

Nissan Motor recently launched The Arc, its new business plan to drive value and strengthen competitiveness. The plan focused on a broad-based product, increased electrification, and new approaches to engineering and manufacturing. It focused on new technologies adoption, and the use of strategic partnerships to increase global unit sales and improve profitability. Under the two-part []

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UK Invests £400K For National Grid Innovation Projects Under Ofgem Fund

National Grid Electricity Transmission (ET) a UK-based organisation that maintains high-voltage electricity networks in England was recently awarded £135,000 for a project. This project was undertaken to research new ways to monitor the health of cables in future hybrid AC/DC networks, spot issues in offshore links early, and avoid unplanned outages. They undertook this initiative []

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Impact Of Connectivity & Data In Shaping Urban Mobility In India

In recent years, the intersection of urban mobility and technology has given rise to innovative solutions that address the challenges of growing cities in India. E-bikes, propelled by advancements in connectivity and data, have emerged as a key player in reshaping the landscape of urban transportation. As cities across India grapple with issues of traffic []

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 []

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Biden Invests $366 Mn To Lower Energy Cost In Remote Communities

US President Joe Biden announced a $366 million investment for 17 projects across 20 states and 30 communities. This investment announcement is part of President Bidens investing in America agenda, under the US Department of Energy (DOE) to accelerate clean energy deployment in rural and remote areas across the country. This funding was made possible []

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MNRE Finalises BESS Mechanisms For Round-the-Clock Renewable Energy

A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price []

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Growatt Showcases Various Solar And Storage Offerings At Smarter E India 2024

New Energy Technology Company Growatt showcased solar and storage offerings for residential, commercial, industrial, and utility applications tailored to the Indian market trends and customers needs during the Smarter E India 2024 in Gandhinagar. The highlights were the C&I string inverter, MAX 150KTL3-X LV, and the microinverter, NEO 2000M-X, marking their debut in the Indian []

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