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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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Ather Energy to Launch Second E-scooter Mfg Facility in Tamil Nadu

Electric scooter brand Ather Energy has commissioned its second manufacturing facility in Hosur, Tamil Nadu, to cater to the growing demand of its electric scooters – the 450X and 450 Plus. The company plans to manufacture 400,000 units per annum, jumping from its current capacity of 120,000 units. Ather Energy had set up its first […]

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India At 75 And Beyond. Solar’s Starring Role

India’s Climate Pledges Prime Minister Narendra Modi’s pledge at the COP26 Climate Summit at Glasgow, not only laid down the roadmap for India to scale up contribution of renewable energy in the overall energy blend, it also set the ball rolling for exploring a new industrial model. India, which is the third largest emitter of […]

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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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Canadian Solar Signs Framework Agreement With Battery Major CATL

Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […]

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Mango Power to Unveil 4.35kW Home-&-Portable Hybrid Battery on Nov23

Battery system Mango Power Union, another addition to the nascent but fast growing home and portable segment for storage using lithium batteries, will be available for purchase on November 23rd through Indiegogo, according to a recent official statement. Mango Power is a green energy brand focused on developing home power supply solutions, portable power devices […]

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RWE Picks SMA Technology to Build Major German Storage Facility

Energy utility RWE is building a battery energy storage system (BESS) with a total output of 117 megawatts in Germany. The system technology used for integrating and optimally controlling the charging and discharging of the 420 lithium-ion battery racks of the battery storage system is being supplied by SMA Solar Technology. The storage project will […]

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Rio Tinto Invests in InoBat to Support Battery Ecosystem in Europe

UK-headquartered mining firm Rio Tinto is investing in Inobat Auto, a battery technology and manufacturing company, to support the development of a battery ecosystem in Europe. This investment will support the completion of InoBat’s research and development centre and pilot battery line in Voderady, Slovakia. It follows a Memorandum of Understanding signed in May, outlining an […]

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Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF

Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […]

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