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Li-ion Battery Pack Prices to Fall Below $100/kWh by 2024: BNEF

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, finds a new report from BloombergNEF (BNEF). This is a 6% drop from $140/kWh in 2020. By 2024, average pack prices should be below $100/kWh, predicts the report. BNEF’s 2021 Battery Price Survey explains […]

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Tata Motors Delivers 60 E-buses to Ahmedabad Janmarg Ltd

Indian automaker Tata Motors has delivered 60 electric buses to Ahmedabad Janmarg Limited (AJL). The Tata Ultra Urban 9/9 AC buses were flagged off on Friday at the Sabarmati River Front Event Centre, Ahmedabad, by Chief Minister Bhupendra Patel and Ahmedabad Mayor Kiritkumar Parma. The 24-seater zero-emission buses have been supplied under the FAME II […]

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French Firm Newheat Raises €7 M for Renewable Heat Development

French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […]

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Ørsted Signs 12-Year Offshore Wind CPPA with Google

Ørsted, the largest energy company in Denmark, has signed a 12-year corporate power purchase agreement (CPPA) with Google, under which the IT giant will off take 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea. Rasmus Errboe, Head of Region Continental Europe at Ørsted, said, “We commend […]

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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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Australian JV to Build Country’s Largest Privately Funded Battery

Engie, Macquarie’s Green Investment Group (GIG), and Fluence have partnered to deliver Australia’s largest privately-funded and owned utility-scale battery. The project will connect to existing network infrastructure to support the transition to renewable energy at the site of the former Hazelwood Power Station in the Latrobe Valley. Providing 150 MW/150 MWh of flexible energy, the […]

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Amazon Adds 18 New RE Projects in Europe & US; Funds 274 Globally

E-commerce giant Amazon has announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totalling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and aims to power 100% of its business operations with renewable energy by […]

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Recruitment of workpersons for various permanent post(s)

Oil India Limited (OIL), a Navratna Public Sector Undertaking is the pioneer and second largest national upstream Oil and Gas Company with a pan India presence and growing global footprint. OIL is set to conquer newer horizons of all-round growth and excellence. It is engaged in exploration, production and transportation of crude oil, natural gas […]

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kWh Analytics’s New Offering to Ensure a New Revenue Stream for Asset Owners

Accelerating the process of installing more solar for Energy Transition, kWh Analytics launched its product – the Solar Generation Advance. The launch is expected to allow the industry to accomplish its goal of installing more solar for Energy Transition apart from ensuring reliable returns to equity investors. As per reports, the Solar Generation Advance will […]

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