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Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility

Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser  have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […]

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CSI Energy Storage Launches Energy Storage Battery Solution for Utility Applications

Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will launch SolBank- a proprietary-designed and manufactured energy storage battery solution for utility-scale applications. Canadian Solar held that CSI Energy Storage will also expand its battery manufacturing capacity from the existing 2.5 GWh to 10 GWh […]

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Lead Engineer- Control Firmware

We are looking for a control firmware engineer with 5 to 8 years of experience in embedded power control firmware development with expertise in Control Engineering and Power Electronics, for the application of Grid-tied Solar Inverter and Li-ion based Storage solutions. Essential Functions:- Architecting embedded control strategy, formulating specifications and implementation control firmware for PFC, Chargers, DC/DC […]

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Danish Firms Maersk & Stiesdal Offshore Partner for Floating Offshore Wind

A global leader of marine services and integrated solutions to the energy sector, Maersk Supply Service has announced that it has entered into a strategic partnership with Stiesdal Offshore to offer combined solutions to the fast-growing floating offshore wind sector by building on the their individual positions in the industry. Stiesdal is known for supplying […]

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Deutsche Bahn, Kia Partner To Convert Used Batteries Into Storage Systems

The Korean automaker Kia and Germany’s Deutsche Bahn (DB) have announced a partnership to increase the useable life of batteries used in electric mobility. Their solution is to re-use used lithium-ion batteries from electric vehicles to create efficient and cost-effective energy storage systems for green electricity. The official statement says that the second-life battery energy […]

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Canada’s Ballard to Power India’s First Hydrogen Trains

The Indian Railways is on the path of reformation through innovation with special onus on the use of renewable energy. In a key development, Canada-based Ballard Power Systems has announced that it has received a fuel cell module order from Medha Servo Drives. Medha Servo Drives is a rail system that has been contracted by […]

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China’s Risen Energy Delivers Strong H1 Numbers with 51% Growth

Risen Energy, part of the cohort of China based manufacturers of photovoltaic modules, has reported that its revenue in first half of 2022 has expanded 51.29 percent year-on-year to reach 12.615 billion yuan (US$ 1.83 billion). The net profit attributable to shareholders of the parent company rose 653.56 percent increase year-on-year to reach 505 million yuan (US$ 72.98 […]

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ALMM, BCD Update- Developers Hope For Relief Soon

Informed sources indicate that there are strong chances of the government considering developer pleas for extending applicability of ALMM conditions for domestic projects. A meeting was held between industry representatives and Minister of Power, New and Renewable Energy R K Singh on September 6. The agenda was a review meeting with key developers and other […]

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The Many Promises of Battery Swapping

Known for designing and developing electric vehicles, Chinese multinational automobile manufacturer, NIO, has established a formidable reputation with regard to battery swap stations. In July this year, the automobile giant opened 1,000 swap stations and reached 10 million battery swaps. As of August, NIO boasts of 1071 swap stations in China, however, it has no […]

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