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AGL to Build Australia’s Largest Energy Storage Facility

AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […]

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The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses

As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […]

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Home owners dominate energy storage market in Germany: Study

The battery storage market in Germany is dominated by the residential or ‘household’ segment and its far greater than the commercial-industrial or large scale segments. This is the finding of a recent report named ‘The development of battery storage systems in Germany – A market review (status 2022).’ The report is led by the Institute […]

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Ola Electric Invests in ‘Extreme Fast’ Charging Firm StoreDot

Bengaluru based Ola Electric has invested an undisclosed amount in Israeli start up StoreDot, a battery technology company that promises “extreme-fast charging” batteries for electric vehicles (EV). Ola electric called the investment strategic in nature, without disclosing the amount invested. StoreDot, in its last funding round of $60 million, had reportedly been valued at $1.5 […]

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Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025

Japan’s leading automaker and Indian market leader  Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major […]

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“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy

The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […]

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Nitin Gadkari Launches Toyota Mirai, a Pilot Study on Hydrogen Fuel Cell Electric Vehicle

Union Minister for Road Transport and Highways, Nitin Gadkari has launched Toyota Mirai which is a pilot project on green hydrogen-based advanced fuel cell electric vehicle (FCEV). The minister said that the Toyota Mirai is the first-of-its-kind project in India that has an objective to create an ecosystem for hydrogen based fuel cell electric vehicles in India. […]

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Jaguar I-Pace batteries find second life as Energy Storage Systems

Marquee auto major Jaguar Land Rover’s engineering team have worked with Pramac to develop a zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries, taken from prototype and engineering test vehicles. Making better use of second life batteries has been a priority for both auto firms, and researchers, to defer the need to send […]

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GoodWe Hits 1.5 GW Milestone in India

Inverter major GoodWe, which has been a particularly strong player in the residential and commercial rooftop segment until recently, when it expanded offerings to the utility segment too, has crossed the 1.5 GW milestone in India. Considering the fact that a significant part of this number was achieved on the back of residential and commercial […]

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