Energy Storage

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Scientists Find Use of Thin Metals Could Improve Energy Storage Capacity

Scientists at the University of Manchester have discovered a breakthrough in understanding the use of lithium-ion storage within the thinnest battery anode, composed of...

September 24, 2024

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Staff

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Energy Storage

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Technology
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Gujarat Invites Bids for 400 MW/800 MWh Standalone BESS

The Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up a 400 MW/800 MWh standalone battery energy storage system (BESS) with an additional green shoe option of...

September 2, 2024

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Staff

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Energy Storage

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Tenders & Auctions
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Project Finance Brief: Emeren Sells 3.8 GWh Battery Energy Storage Portfolio

From: Mercom Capital Group Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five battery energy...

November 15, 2023

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Staff

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Finance and M&A

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Solar
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Interest Expense Wipes Eos Energy’s Q1 Gains from Lower Cost of Goods Sold

Energy storage solutions provider Eos Energy Enterprises’ net loss widened to $71.6 million for the first quarter (Q1) of the financial year 2023 compared to $45.8...

May 17, 2023

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Gourav Mishra

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Energy Storage

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Markets & Policy
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NextEra Swings to $2 Billion Profit in Q1 2023 on Renewable Capacity Addition

U.S.-based energy firm NextEra Energy posted a profit of $2.09 billion for the first quarter (Q1) of the financial year (FY) 2023 against a loss of $451 million in Q1 FY...

April 26, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Tesla’s Q1 Net Income Drops 24% Due to Lower Average Sales Price

U.S.-based electric vehicle maker Tesla reported a net income of $2.5 billion in the first quarter of the financial year (FY) 2023, a 24% year-over-year (YoY) drop. The...

April 20, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Role of Battery Energy Storage in India’s Renewables Sector

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...

April 20, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Nearly a Third of All DISCOMs Improve Rank in Annual Appraisal

The Central government’s annual appraisal of power distribution companies’ (DISCOMs) financial and operational performance saw 21 entities improve their rank over the...

April 12, 2023

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Mercom Staff

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Daily Wrap-up
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Eos Energy’s Q4 Loss Widens YoY to $56.6 Million on Higher Interest Expenses

The net loss of Eos Energy, a sustainable zinc-based energy storage solutions provider, widened to $56.6 million for the fourth quarter (Q4) of the financial year (FY)...

March 2, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Energy Storage Firm Fluence’s Q1 Net Loss Narrows to $37 Million on Higher Orders

U.S.-based energy storage technology and services provider Fluence‘s net loss for the first quarter (Q1) of the financial year 2023 narrowed to $37 million...

February 10, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Daily News Wrap-Up: Amp Energy Signs PPA for 200 MW Hybrid Project with SECI

Here are some noteworthy cleantech developments from around the world Amp Energy India has signed a power purchase agreement (PPA) for a 200 MW wind-solar hybrid project...

January 17, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: GIG and Bluestone Energy to Develop 2 GW of Battery Storage Projects

Here are some noteworthy cleantech announcements of the day from around the world: Green Investment Group (GIG) and Bluestone Energy have entered into a joint...

June 17, 2022

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Arjun Joshi

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Other

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Renewable Energy
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New York State Awards 1 GW of Solar Plus Energy Storage Projects to EDF Renewables

EDF Renewables North America, a wholly-owned subsidiary of the French utility EDF Group, announced that its three solar plus energy storage projects were awarded...

June 15, 2022

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Gourav Mishra

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Energy Storage

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Solar

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Tenders & Auctions
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Tata Power Commissions a 100 MW of Solar Project at ₹2.90/kWh for MSEDCL

Tata Power Renewable Energy Limited (TPREL), a wholly-owned subsidiary of Tata Power, announced the commissioning of the 100 MW solar project for the Maharashtra State...

May 27, 2022

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Gourav Mishra

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Solar

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Utility Scale
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Funding and M&A Roundup: Enel Secures €600 Million from EIB for Clean Energy Expansion

From: Mercom Capital Group Enel, an Italian multinational manufacturer and distributor of electricity and gas, and the European Investment Bank (EIB), through its...

April 18, 2022

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Staff

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Finance and M&A

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Other

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