Spearmint Energy, a green merchant trading company that develops, owns, and operates around battery energy storage systems (BESS), has acquired a portfolio of 900 MW...

U.S.-based energy storage products and services provider Fluence will localize its products in India by the end of 2024. However, the complex process of manufacturing...

Flux-Power, a U.S.-based lithium-ion energy storage solutions provider, posted a net loss of $1.7 million during the second quarter (Q2) of the financial year (FY) 2023...

India’s renewable energy growth plans are closely tied to energy storage to mitigate the intermittency of renewable sources as the country strives to meet the rising...

Global corporate funding for energy storage, smart grid, and energy efficiency companies increased 63% in 2022 with $31.7 billion compared to $19.5 billion in 2021,...

Power distribution companies (DISCOMs) of Karnataka have proposed revised tariffs for low-tension (LT) and high-tension (HT) consumers, which include grid support...

Electric car batteries could boost storage by injecting electricity into the grid during times of scarcity or store during periods of excess and meet short-term storage...

The Greenko Group has said it will invest ₹100 billion (~$1.2 billion) in setting up a pumped storage project in the Neemuch district of Madhya Pradesh. The daily...

Maharashtra Electricity Regulatory Commission (MERC) has approved the change in the effective power purchase agreement (PPA) date between ACME Sikar Solar (ASSPL) and...

The rapid adoption of electric vehicles (EVs) and their increasing popularity indicate they are no longer a short-term trend but a viable alternative to internal...

India-based independent power producer ReNew Power has announced it has signed an agreement with Microsoft India to supply 150 MW of solar power from its recently...

The Australian Renewable Energy Agency (ARENA) announced A$176 million (~$118 million) in conditional funding to support eight grid-scale battery projects across the...

Acciona Energía has acquired the 190 MW/380 MWh battery energy storage system (BESS) facility in Cunningham, Texas, U.S., from Qcells, a subsidiary of the South Korean...

Power developers and project owners would add utility-scale battery storage capacity of up to 30 GW in the United States over the next three years, the U.S. Energy...

The steep upfront investment required for lithium-ion battery storage systems is the major impediment in their large-scale deployment with solar projects even though the...