Storage Market Policy
India-based specialty chemical company Himadri has announced an investment of AU$10.32 million (~$7 million) in Australian startup Sicona Battery Technologies to produce...
LG Energy Solution (LGES) and Hyundai Motor Group have announced a joint venture to manufacture electric vehicle (EV) battery cells in the United States. The partnership...
The Ministry of Ports, Shipping, and Waterways (MoPSW) will bear 30% of the cost for green shipping initiatives to accelerate the green transition in the Indian shipping...
The net loss of lithium-ion storage solutions provider Flux Power Holdings narrowed to $1.4 million in the third quarter (Q3) of the financial year (FY) 2022-23 compared...
Madhya Pradesh has released guidelines to promote the development of pumped hydro storage (PHS) projects in the state. These guidelines clarify the methods for allotment...
Energy storage technology and services provider Fluence’s net loss narrowed to $37.4 million for the second quarter (Q2) of the financial year (FY) 2023 from a loss of...
The commercial viability and widespread use of existing energy storage solutions could conquer the next frontier in unlocking the potential of clean energy and solve...
Affordable battery energy storage is the missing piece in making renewable energy reliable and round-the-clock as the capacity continues to grow in India. Energy storage...
The Maharashtra Electricity Regulatory Commission (MERC) has approved raising the tariff for commercial and industrial (C&I) consumers for the current financial year...
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,...
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...
Power distribution companies (DISCOMs) of Karnataka have proposed revised tariffs for low-tension (LT) and high-tension (HT) consumers, which include grid support...
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