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With 120 MWh Storage Win, Israel’s Augwind Challenges Lithium-ion Storage

Yakum, Israel-based Augwind has been claiming that its Air Battery energy storage system will be superior to Lithium battery storage. The firm got a big boost earlier this month when Israel’s Electric Authority awarded a big tender for 609 megawatts of solar and 2.4 gigawatt-hours of energy storage, of which at least 120 megawatt-hours of […]

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E2W Firm Simple Energy to Invest Rs 45 Crore on Production Facility

Simple Energy, all set to roll out its maiden electric scooter, is planning to invest around Rs 45 crore in setting up a production facility Bengaluru-based EV start-up Simple Energy, which is all set to roll out its maiden electric scooter in the first half of 2021, is planning to invest around Rs 45 crore in […]

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EESL, NIIF JV ‘Intellismart’ to Develop Digital Platform for Distribution Sector

IntelliSmart, a JV of EESL & NIIF has committed to developing a digital platform for value-added services in the distribution & power sector IntelliSmart Infrastructure Private Limited, a JV of Energy Efficiency Services Limited (EESL) and National Investment & Infrastructure Fund (NIIF) has committed to developing a digital platform for value added services in the […]

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EV Battery Startup Gegadyne Energy Welcomes $5 Mn Investment from V-Guard

EV battery provider Gegadyne Energy Labs has announced that it has received an investment of USD 5M from electric appliance maker, V-Guard. Mumbai based, quick electric vehicle (EVs) battery provider Gegadyne Energy Labs Pvt Ltd announced receiving an investment of USD 5 million from electric appliance maker, V-Guard. The CEO and Founder of Gegadyne Jubin […]

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Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020

Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […]

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The Case For Battery Storage- A UK View

A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […]

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Enphase Energy and Sunnova Expand Partnership to Include Battery Storage

Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world’s leading supplier of microinverter-based solar-plus-storage systems, today announced the expansion of the Company’s long-term relationship with Sunnova Energy International Inc. (NYSE: NOVA) to include Enphase Encharge™ storage systems. As a power service provider, Sunnova will empower its network of solar dealers in the U.S. to […]

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37 Cr LED Bulbs and 1.14 Cr LED Streetlights Installed in 6 Years of UJALA and SLNP

UJALA and SLNP have completed 6 years and in that time EESL has distributed over 36.69 crore LED bulbs & installed 1.14 crore LED streetlights Launched on January 5, 2021, the Government of India’s zero-subsidy Unnat Jyoti by Affordable LEDs for All (UJALA) and Street Lighting National Programme (SLNP) have completed 6 years. In that […]

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EBRD Promotes Green Investments in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is supporting green investments in North Macedonia with a €1 million loan to Komercijalna Banka Skopje under the EBRD’s Green Economy Financing Facility (GEFF). The funds will be available for green investments in the country’s residential sector. This will include investments in high-performance green technologies, materials and […]

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