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SPML Infra In Tie-Up With Energy Vault To Make, Deploy Batteries In India

New Delhi based SPML Infra Limited has signed a licensing and royalty agreement with leading storage solutions firm Energy Vault. For SPML Infra, with its hitherto specific focus on India’s water and energy infrastructure, the tie-up marks a significant push into the energy infrastructure space, where it has had a small but significant presence until […]

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Green Hydrogen Based Microgrid Closes Funding In California

Energy Vault Holdings Inc. has announced the successful close of $28 million in project financing for its Calistoga Resiliency Center (CRC). The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC. The Calistoga Resiliency Center has been touted as the World’s First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage […]

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Why Is Public EV Charging So Expensive?

Owning an electric vehicle in India is as much a going green decision as saving money while using it. Since EVs have higher upfront costs when compared with a similar vehicle that has an internal combustion engine, the justification for saving money after using it is only if you will use it for as much […]

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Spain’s Push For Solar Manufacturing With €210 million Funding

Under the NextGenEU initiative, Spain’s Ministry of Ecological Transition (MITECO) has awarded more than €210 million in funding to seven solar PV manufacturing projects. Called the RENOVAL programme,  it is being managed by the Institute for Diversification and Energy Saving (IDAE in Spanish). It announced the results last week. The funds will be provided through […]

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Sulfur Battery Tech Startup theion Secures €15 Million

Germany is moving to the forefront of battery technology, as Berlin-based theion today announced the successful closing of a €15 million Series-A funding round to accelerate the development of its next-generation crystal sulfur batteries. The investment, led by Team Global, with participation from Geschwister Oetker Beteiligungen and Enpal, signals strong confidence in Germany’s ability to […]

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Researchers Build Photo-Assisted Zn-Ion Storage To Boost ESS Capacity

Researchers from the Centre for Nano and Soft Matter Sciences (CeNS), have developed a photo-assisted self-chargeable energy storage device. CeNS is an autonomous institution under the Department of Science and Technology (DST) in Bengaluru, India developed this devise to enhance the charge storage capacity in the presence of light. It can charge by its own […]

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Battery Storage Era: 5 Reasons BESS Is Supercharging the RE Revolution

Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […]

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Startup Focused On Stabilising Solar Heavy Grids Raises $15 Million

Brisbane, Queensland based Australian technology group EcoJoule Energy,  has raised $15 million to power its expansion into the UK, Europe and South East Asia. The battery storage company promises to address the challenges posed by thr addition of solar power through households to the grid with its power management products and software. Founded in 2014 […]

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Australia Set for Solar With 8 Hour BESS Backup

Australian Infrastucture investor Quinbrook Infrastructure Partners, has announced plans to pioneer a global market first in advanced long duration energy storage solution developed in a technical collaboration with CATL, the world’s leading battery energy storage system (BESS) manufacturer. The groundbreaking storage solution, believed to be the world’s first genuine 8-hour battery at more than double […]

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