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Battery Management Firm Element Energy Raises $111 Million

US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […]

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Berkeley, DOE Produce Database To Map Solar PV Facilities

Berkeley Lab and USGS (U.S. Geological Survey) in collaboration with the U.S. Department of Energy’s (DOE) produced a publicly available database. The detailed Large-Scale Solar Photovoltaic Database (USPVDB) aims to map ground-mounted photovoltaic (PV) facilities with capacity of 1 megawatt. This come alongside US’s DOE (Department of Energy) data, that released an online dataset of […]

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Solar Energy In US Can Surpass Hydropower By 2024: EIA Estimates

A latest Energy International Agency (EIA) report on solar growth in the United States (US) suggested that the country witnessed an increase in installed capacity by an average rate of by 44% annually from 2009 to 2022. It forecasted that the US would generate 14% more electricity from solar energy than from hydroelectric facilities in […]

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Swift Current’s 197 MW Castle Gap Wind Project Set Into Motion

Swift Current has announced that it has kickstarted operations of its 197 MW Castle Gap Wind Project established in Central Texas. The project supplies power to retail giant, Target Corporation. Swift Current and Target Corporation have forged a partnership by way of a virtual power purchase agreement. Presently, the wind project is generating enough energy […]

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Hithium & Perfect Power Join Forces for 1 GWh Energy Storage

Manufacturer of stationary energy storage products for large-scale energy project developers as well and commercial and industrial sector, Hithium has forged a partnership with energy storage project developer Perfect Power LLC. The agreement was signed at Hithium’s headoffice located in China. The agreement will pave the way for Hithium to supply battery products of 1 […]

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EU, US Frontrunners In Offshore Wind Patents: IRENA Report

A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […]

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CEA Propagates the Idea of Vehicle to Grid

In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […]

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Global Solar Investments Increased By 2% In Last 8 Years: Report

A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually.  The report put the investment in the global energy sector […]

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US May See 619 GW Of Renewable Power Between 2023-2030: Report

A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […]

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