Energy Storage
Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up pilot projects of 250 MW/500 MWh standalone battery energy storage systems (BESS) in Gujarat under...
India-based battery materials producer LOHUM has raised ₹4.5 billion (~$54 million) in a series B funding from Singularity Growth, Baring Private Equity, Cactus Venture...
Gensol Engineering and IndiGrid 2 (IndiGrid) have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up pilot projects of 250 MW/500 MWh standalone battery energy...
Smart energy storage company Stem’s fourth quarter (Q4) net loss widened by 6.8% to $37.7 million from the net loss of 35.3 million in Q4 2022. The lower gross profit...
Scientists at the U.S. National Renewable Energy Laboratory (NREL) have developed a new manufacturing process called BatMan that could improve electric vehicle (EV)...
The Solar Energy Corporation of India (SECI) has commissioned a 40 MW/120 MWh Battery Energy Storage System (BESS) project associated with a 100 MW solar power project...
Researchers at the University of Liverpool have discovered a solid material that rapidly conducts lithium ions, which are essential components in the rechargeable...
United States-based residential solar, battery storage, and energy services company Sunrun swung to a loss in the fourth quarter (Q4) of 2023, hurt by lower sales,...
Energy storage technology and solutions provider Fluence Energy recorded a revenue of $364 million in the first quarter (Q1) of the fiscal year (FY) 2023-24, registering...
The Gujarat Electricity Regulatory Commission (GERC) has adopted the tariff of ₹3.11/kWh (~$0.037) for Gujarat Urja Vikas Nigam Limited (GUVNL) to procure power from 500...
Researchers at Northwestern University have found that large-scale perovskite films, commonly used in solar technology, can be protected by liquid crystals that can...
Amara Raja Energy & Mobility recorded a net profit of ₹2.55 billion (~$30.7 million) during the third quarter (Q3) of the financial year (FY) 2024, a year-over-year...
Global venture capital funding in the energy storage sector in 2023 reached $9.2 billion, a 59% year-over-year (YoY) increase from $5.8 billion. The amount raised was...
China’s cumulative installed power capacity reached approximately 2.92 TW, a year-over-year (YoY) increase of 13.9%, with solar power accounting for 609.49 GW, a...
Taiwan-based solid-state battery manufacturer ProLogium opened a giga-scale lithium ceramic battery factory called Taoke in Taoyuan, Taiwan. The factory has a planned...
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