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storage batteries

X-ELIO Sets up its First Utility Scale 60 MWh BESS Project in Texas, US

X-ELIO, that delves into the development, construction, financing and operation of renewable and sustainable energy projects, has added a BESS (battery energy storage system) project of 60 MW capacity, which has been set up in the Liberty County of Texas in the USA. This is a major project for X-ELIO, given that this is the […]

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EV Manufacturers Optimistic About New EV Policy Announced by Tamil Nadu

Last month, when most States began the year on a note of optimism around EVs, uncertainty loomed large over Tamil Nadu’s EV sector. The State, which had offered multiple incentives for EVs, fell silent on the extension of the same, which concluded on December 31, 2022. This, of course, was followed by worry from EV […]

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Source Galileo JV Sets Sights on 5 GW Renewable Energy Development

Source Galileo- a Joint Venture between Source Energie and Galileo, is looking at developing over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK. Source Energie looks into developing and bringing large new energy projects into operation and Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator. Development activities […]

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Germany’s Svevind to Develop 20 GW Green Hydrogen Project in Kazakhstan

Just as the European Union toils for renewable energy expansion and possible import of clean energy, German renewable energy player Svevind Energy Group looks to invest a massive $50 billion for the development of a 20 GW green hydrogen project in Kazakhstan, for which an agreement has been signed between Svevind and the Kazakh Government. […]

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Rural Renewables Focused OMC Power Raises Funding From Japan’s Chubu Electric

Indian rural renewable energy service firm, OMC Power has announced getting financial backing for their planned expansion of green energy production, storage, and distribution portfolio in rural India.  Chubu Electric Power Co., Inc., which is the 3rd Largest Power Generation Firm in Japan, has made this investment through a Share Subscription Agreement with OMC Power. Chubu […]

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Battery Boom Could Redraw Geopolitical Order

Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […]

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In Conversation with Nitin Gupta, Co-Founder, Attero Recycling

As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […]

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Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects

Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […]

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The Top 5: India’s Leading-Battery Makers and Their EV battery Plans

In the changing global scenario of battery usage technology, it is worthwhile to observe how India’s Leading-Battery Makers cater to the requirements, and what their EV battery plans are. The stored-energy needs worldwide have increased with the emergence of the EV segment as a substitute to conventional ICE. With that, the demand for better batteries […]

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