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Germany’s GridX secures $40 Million in Series C Funding

GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […]

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Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation

According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […]

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Malawi solar mini-grid shows promise as way of electrifying rural Africa

A solar mini-grid in rural Malawi, East Africa, is powering maize mills, a sunflower oil facility and will help a welder in a nearby village expand his business, showing that centralised grid systems are not Africa’s only route towards low-carbon power. Malawi, a landlocked country in southeastern Africa, is defined by its topography of highlands […]

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Simulink, MATLAB And The Smarter Digital Grids Of Tomorrow

MATLAB, and Simulink are software products that every developer who has made software for use in the Renewable energy and EV space is familiar with. The firm behind these products, US based Mathworks, has built a whole suite of products to support data handling and more. We caught up with R Vijayalayan, who manages the […]

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GRIDCO Will Buy 200MW Solar Power from NTPC

Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha State Government has signed a Power Sale Agreement (PSA) with National Thermal Power Corporation (NTPC) in Bhubaneswar for the purchase of clean energy. The official statement of GRIDCO reads that under the Power Sale Agreement, GRIDCO will procure 200 MW of solar power at […]

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PolyJoule Promises Plastic Batteries To Store Renewable Energy on Grid

Battery storage forms a crucial link in the renewable energy system, given the intermittent nature of renewables. Amid many technologies that are emerging in the domain, Boston-based energy start up PolyJoule has created a battery which is made up of plastic – electrically conductive polymers – which makes the energy storage on the grid not […]

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Shakti Pumps Gets First Patent for its Unidirectional Solar Water Pump with Grid-tied Power Generation Capabilities

Energy-efficient pumps and motors’ manufacturer Shakti Pumps (India) Limited has been granted its maiden patent for innovating ‘A Unidirectional Solar Water Pump with Grid-tied Power Generation’ system. It’s a proud moment in the company’s history, said an official statement. The solar-powered unidirectional pump offers grid-tied power generation capabilities. Shakti Pumps says that solar water pumps ensure […]

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Offgrid Energy Labs Unveils ZincGel Battery Technology for Electric Vehicles in India

IIT Kanpur backed Offgrid Energy Labs has announced the launch of innovative ZincGel Battery Technology to strengthen India’s EV battery swapping segment with its sustainable batteries. The start-up will be targeting mobility partners to bring forth solutions for fleets operating low-powered electric vehicles like two-wheelers and three-wheelers. ZincGel Battery Technology, in comparison to lithium-ion and […]

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