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Energy Major Equinor Buys 45% Stake in UK Battery Maker Noriker Power

Equinor has signed an agreement with Noriker Power Limited, a battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage. In […]

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Honda’s New Indian Subsidiary to Offer Battery Sharing Service

Japanese automaker Honda Motor Company Ltd. has established a new subsidiary for battery sharing service in India, the company announced in a recent statement. The newly launched company is known as Honda Power Pack Energy India Private Limited. The company will offer battery sharing service for small mobility, which is expected to accelerate the penetration […]

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Removing All Subsidies on Solar Will Have Zero Impact On Demand

After years in the solar EPC and distribution business, Deepak Pandey of GPES has made his next big move. As Director of UK-based INVERGY, Mr. Pandey has set his sight on the emerging market for storage and linked solutions, which hold great promise in his view. We caught up with him to understand more about […]

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Energy Dome Raises $11 M to Build Cost-cutting CO2 Battery

Energy Dome, an Italian energy storage technology company founded in 2019, has announced the close of its $11M Series A fundraise. The company will use the proceeds to complete the construction of its CO2 battery demonstration project in Sardinia, Italy, a product that is said to store energy at about half of the cost of […]

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AI Should Not Be A Force Fit Into Businesses

MetroRide is an AI-powered mobility solution offering a hassle-free commute using shared Electric Vehicles. Dedicated to short rides, it is currently operational in Delhi, Noida and Bangalore, connecting daily urban commuters to high-frequency hubs like Metro Stations, Universities and Corporate Parks within a 5-mile radius. The platform leverages AI and huge data points for analytics […]

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Bounce, Park+ to Set Up Battery Swap Infra Across 10 Cities

Electric scooter rental startup Bounce, which is set to launch its first e-scooter Infinity early next month, announced on Saturday its collaboration with parking solution platform Park+ for setting up battery swapping infrastructure at more than 3,500 locations, spread over 10 cities. This smart framework will be available at locations like residential societies, key parking […]

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Powin Announces New Centipede Battery Energy Storage System

Powin LLC, which designs and manufactures ‘safe and scalable’ battery energy storage solutions, announced its new Centipede battery energy storage platform. Centipede is the company’s first fully modular design, complete with pre-integrated segments containing batteries, thermal management equipment, and essential safety systems. Compared to previous generations of Powin’s Stack™ products and smart enclosures, Centipede claims […]

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European Solar & Storage Set to Grow over 400% by 2025: Study

The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […]

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Swedish Battery Materials Firm Altris AB Ventures Into China

China’s vice like grip on battery manufacturing means that firms find it simply impossible to ignore the massive manufacturing and consumption market. The latest is Swedish battery materials company Altris AB which has officially opened its first office in China. The Guangzhou-based team will work to promote the company’s innovative cathode material, Fennac®, to the Chinese […]

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