energy-storage

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Capgemini’s India Office Operations Now Powered by 100% Renewable Energy

Capgemini, a France-headquartered multinational corporation, announced that all its facilities across 13 cities in India are now powered by 100% renewable energy, which...

June 1, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Corporates’ Decarbonization Efforts Driven by Favorable Regulations: Interview

The recent policy tweaks enacted by the government, mainly the exemption on fees for wheeling electricity across state borders and General Network Access rules, have...

May 19, 2023

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Sumit Jha

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C&I

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Other

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Renewable Energy
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Daily News Wrap-Up: Gujarat’s Consultancy Tender for 1.5 GW Floating Solar Park

Gujarat State Electricity Corporation has invited bids to appoint a consultant to prepare a feasibility report and detailed project report to set up a 1,500 MW floating...

May 15, 2023

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Mercom India

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Daily Wrap-up
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Energy Storage Firm Fluence Cuts Q2 Loss to $37 Million on Higher Deployments

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...

May 12, 2023

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Gourav Mishra

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Energy Storage

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Market & Policy
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Energy Storage Firm Stem’s Q1 Revenue Up 63% YoY

Smart energy storage company Stem’s revenue increased 63% year-over-year (YoY) to $67 million in the first quarter (Q1) of the financial year (FY) 2023, driven by higher...

May 5, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Industry and Markets Should Develop Diverse Mix of Energy Storage Systems

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...

April 28, 2023

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Rakesh Ranjan

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Energy Storage

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Market & Policy
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NTPC Invites Bids for Largest Energy Storage Project with 9,000 MWh Capacity

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for interstate transmission system (ISTS)-connected energy storage projects of 9,000 MWh...

April 20, 2023

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: Energy Storage Corporate Funding Falls 83% YoY in Q1 2023

Total corporate funding in energy storage, including from venture capital, public market, and debt financing, amounted to $2.2 billion in 27 deals in the first quarter...

April 19, 2023

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Mercom India

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Daily Wrap-up
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Corporate Funding for Energy Storage Declines 83% YoY in Q1 2023

Total corporate funding in energy storage, including from venture capital (VC), public market, and debt financing, amounted to $2.2 billion in 27 deals in the first...

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Renewable Generation Cost Can Compete with Conventional Energy in the US

The Levelized Cost of Energy (LCOE) for onshore wind and utility-scale solar is now competitive with conventional generation technologies, even without subsidies in some...

April 13, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Australia Announces $81 Million Funding for Community Battery Deployment

The Australian Renewable Energy Agency (ARENA) has invited expressions of interest (EoI) for the first round of Community Batteries Funding of up to AU $120 million...

April 4, 2023

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Gautamee Hazarika

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Energy Storage

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Grid Optimization

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Market & Policy
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Engineers Harness Sodium Hydroxide for Sustainable Energy Storage

A Denmark-based firm, Hyme Energy, has developed a novel energy storage system that uses a type of salt known as sodium hydroxide, known to have exceptional heat storage...

March 30, 2023

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Gautamee Hazarika

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Energy Storage

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Technology
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EnerVenue to Build Battery Gigafactory in Kentucky

EnerVenue, a California-based company specializing in metal-hydrogen batteries, plans to open a one-million-square-foot battery gigafactory in Shelby County, Kentucky....

March 29, 2023

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Arjun Joshi

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Energy Storage

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Finance and M&A
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Power Ministry’s Planning Led to Highest-Ever Budgetary Allocation: Committee

Allocation in the Union Budget 2023 to the Ministry of Power has increased 29% to over ₹160 billion (~$2 billion), the highest ever for the ministry, the parliamentary...

March 23, 2023

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Sumit Jha

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Markets & Policy

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Tenders & Auctions
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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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