energy-storage

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Rajasthan Invites Bids for 1.2 GW of Solar Projects with Storage

Rajasthan Urja Vikas Nigam (RUVNL) has invited bids to set up 1,200 MW of solar power projects anywhere in India with a committed supply for at least six hours during...

March 15, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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BrightNight, ACEN to Develop 1.2 GW Hybrid Renewable Projects in India 

Independent power producer BrightNight and ACEN Corporation, through ACEN Renewables International and ACEN International, will jointly develop BrightNight’s first...

March 13, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Diversifying Energy Sources, Storage Adoption Key for Renewables in 2023: Report

Increasing renewable energy generation, cutting down the cost of electricity, promoting fuel diversification, and investing in energy storage will be the key focus areas...

March 6, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Engineers Unveil Novel Thermal Battery for Decarbonization Applications

Researchers at Lehigh University, with support from the United States Department of Energy (DOE), have developed a new thermal energy system – Lehigh Thermal Battery...

March 6, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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New Lithium-Air Battery Performs Four Times Better than Lithium-Ion

Researchers at the Illinois Institute of Technology (IIT) and the U.S. Department of Energy’s (DOE) Argonne National Laboratory have developed a lithium-air battery...

February 27, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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Energy Storage Firm Stem’s Q4 Revenue Jumps 194% to $156 Million

Smart energy storage company Stem posted a revenue of $156 million for the fourth quarter (Q4) of the financial year (FY) 2022, which is a 194% jump year-over-year (YoY)....

February 21, 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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Flux Power’s Q2 Net Loss Narrows to $1.7 Million on Increased Sales

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...

February 14, 2023

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Satish Shetty

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Energy Storage

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Finance and M&A

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Market & Policy
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Rajesh Exports Signs Agreement for 5 GWh Lithium-Ion Cell Factory in Karnataka

Bengaluru-headquartered Rajesh Exports, through its subsidiary ACC Energy Storage, has signed an agreement with the Union Ministry of Heavy Industries (MHI) and the...

January 25, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Tesla’s Q4 Profit Up 19% YoY, Solar & Storage Revenues Rise to $1.31 Billion

Tesla recorded a revenue of $24.32 billion from all its businesses in the fourth quarter (Q4) of 2022, a year-over-year (YoY) of 37% compared to $17.72 billion in the...

January 27, 2023

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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Energy Storage Sector Upbeat for 2023 Despite Cost, Supply Chain Challenges

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...

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Daily News Wrap-Up: RBI to Auction Green Bonds on January 25

The government announced the sale of sovereign green bonds (SGB) worth ₹80 billion (~$986 million) through an auction by the Reserve Bank of India, Mumbai, on January 25....

January 23, 2023

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Mercom India

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Daily Wrap-up

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Other
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Daily News Wrap-Up: SECI’s Green Energy Open Access Foray

The government-owned renewable energy intermediary procurer Solar Energy Corporation of India (SECI) will soon enter the market for delivering renewable energy solutions...

January 27, 2023

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Mercom India

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Daily Wrap-up

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Other
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IIT-backed Startup Wins National Award for Innovation in Energy Storage

IIT Roorkee startup Indi Energy, which specializes in manufacturing indigenous sodium-ion batteries, has been accorded the National Startup Award 2022 in the Energy...

January 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Energy Storage Firms Tap $26.4 Billion in Corporate Funding in 2022, up 55% YoY

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,...

January 20, 2023

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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Mercom Research Focus
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Daily News Wrap-Up: Shell to Build 1,000 MWh Battery Energy Storage Project

Here are some noteworthy cleantech developments from around the world: Shell Energy Australia in partnership with Greenspot, a privately owned New South Wales (NSW)...

January 11, 2023

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Gourav Mishra

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Other

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Renewable Energy

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