Fourth Power secures $19 million for scaling its thermal energy storage solutions

Thermal battery energy storage Startup, Fourth Power has secured $19 million in a series A funding round to scale its thermal battery storage technology. The latest investment... Read More

Japan gets its first dedicated investment fund for grid-scale energy storage

The emerging energy storage market in Japan is flexing its arms even further, with the recent launch of its first-ever dedicated fund for grid storage batteries. The inve... Read More

South Korea announces $29 billion to help its battery companies 'reduce foreign dependence'

South Korea on Wednesday announced plans to provide $29 billion in financing over the next five years to strengthen its battery industry and reduce reliance on foreign nations for ... Read More

Beyond solar: Companies pivot toward energy storage in investment priorities

Energy storage is going to be a leading technology for energy transition investments in the next three years according to a new industry survey by Reuters Events. According to... Read More

World's largest solar + battery project comes online in South Africa

The ~$1 billion Kenhardt project – which outperformed fossil fuels in a competitive bid – has installed solar capacity of 540 MW and a battery storage capacity of 225 MW/ 1,140 MWh... Read More

US, India governments launch task force to promote energy storage technologies

US-India Energy Storage Task Force, set up by US Department of Energy and India's Ministry of Power to promote energy storage technologies in both nations, will launch on December ... Read More

Vinssen delivers hydrogen fuel cell for ship propulsion pilot in Singapore

South Korea's Vinssen Co Ltd, which specializes in the production of electric and hydrogen hybrid propulsion systems, announced it had successfully tested and delivered a hydrogen ... Read More

John Cockerill setting up alkaline electrolyzer gigafactory in Houston

John Cockerill has recently commenced the construction of a new gigafactory in Baytown in Houston, Texas where the group will operate the "first alkaline electrolyze... Read More

Gridstor unveils new 60MW/160 MWh Goleta energy storage facility in California

Battery energy storage system (BESS) developer and operator, Gridstor unveiled a new 60MW/160 GWh Goleta energy storage facility in California. The new lithium-ion battery fac... Read More

India studying advanced building materials, wastewater treatment to reduce CO2 footprint

India's Department of Scientific & Industrial Research (DSIR) has partnered with The Energy and Resources Institute (TERI) to drive advancements in the country's construction a... Read More

LGES to supply NCM li-ion modules for ICPT's e-bus battery system

South Korean battery company LG Energy Solution (LGES) has signed a supply agreement for NCM lithium-ion battery modules with Impact Clean Power Technology (ICPT), a supplier of he... Read More

Bharat Petroleum, Tata.ev partner to establish 7,000 charging stations in India

Indian oil-marketing firm Bharat Petroleum Corporation Limited (BPCL) and Tata Passenger Electric Mobility (TPEM aka Tata.ev) have recently signed an MoU t... Read More

US utility disconnects CATL batteries citing security concerns, sparking row

An American company has disconnected large-scale CATL batteries attached to a US military base after politicians raised security concerns, in turn sparking angry reactions from the... Read More

Iberdrola, Masdar to invest €15 bn in offshore wind, green H2 projects

At COP28 in Dubai, energy firms Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydro... Read More

India's Himadri Specialty Chemicals forays into lithium-ion battery component manufacturing

Kolkata-based specialty chemical company, Himadri Specialty Chemicals Ltd on Wednesday (Dec. 6) announced plans to set up a commercial plant for the manufacturing of lithium-ion ba... Read More

COP28: Cost effective ESS for energy transition and RE integration

At the India Pavilion of the on-going COP28 in Dubai, the Central Electricity Authority (CEA) under the Indian Ministry of Power held a thought leadership discussion... Read More

30x30 Initiative: Ford Pro, Xcel Energy bring EV charging solutions for business fleets

Ford Pro, the commercial division within Ford Motor Co. and American utility, Xcel Energy have launched a new 30x30 initiative that aims to install 30,000 electric v... Read More

Canada's e-STORAGE to supply 226 MWh batteries to Engie’s Scotland BESS projects

e-STORAGE, a company that specializes in design, manufacturing, and integration of battery energy storage systems (BESS) for utility-scale applications, will deliver 226 MWh DC of ... Read More

Masdar sign deals with Jordan for 1GW wind, battery storage; explores green H2

On the sidelines of COP28, UAE's energy firm Masdar signed a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources to develop a 1 GW&nbs... Read More

COP28: GEAPP's multilateral consortium targets 5GW of battery storage by 2024

At the 2023 United Nations Climate Change Conference (COP28) in Dubai, about 11 countries have committed to a global consortium as part of a collaborative effort to secur... Read More

COP28: Panel discusses improving energy access in LDC and SIDS through renewables with storage

Global electricity access has risen from 87% in 2015 to 91% in 2021, yet 675 million people, primarily in the least developed countries (LDC) and sub-Saharan Africa lack access to ... Read More

Graphite India makes a strategic move: Acquires 31% stake in battery maker Godi India

Graphite India, a graphite electrodes and carbon specialty product manufacturing company has acquired a 31 percent shareholding in a Hyderabad-based battery manufacturer, Godi... Read More

Honeywell provides 124 MWh BESS for 140 MW solar project in US Virgin Islands

US engineering-and-technology conglomerate Honeywell announced it will provide developer VIElectron its first instalment of battery energy storage solutions (BESS) for six solar pa... Read More

US unveils global nuclear fusion plan at COP28, even as Japan-EU reactor comes online

"We are edging ever-closer to a fusion-powered reality. And at the same time, yes, significant scientific and engineering challenges exist. Careful thought and thoughtful policy is... Read More

L&T awards wireless wiring monitoring boxes contract to VNT for NEOM

Gurugram-based Vrinda Nano Technologies (VNT) has recently signed a contract with Larsen & Toubro (L&T) for the supply of wireless string monitoring boxes for the... Read More

'No country can think of energy transition without first thinking about energy storage'

The India Pavilion at COP28 hosted an event on cost-effective energy systems for energy transition and integration of renewable energy on December 5, under the aegis of the country... Read More

Oman plans for liquid green hydrogen corridor with Netherlands

Oman's Ministry of Energy and Minerals and Hydrogen Oman (Hydrom) have signed a Joint Study Agreement (JSA) with Port of Amsterdam, Zenith Energy Terminals and GasLog, to collabora... Read More

Australian state starts work on A$1 billion 600 MW BESS project in Melbourne

The Australian state of Victoria has announced its first investment through the State Electricity Commission (SEC) to help build one of the world's biggest battery projects, in par... Read More

DEPCOM Power launches Puerto Rico's largest solar + BESS project at Salinas

DEPCOM Power, an integrated engineering, procurement, and construction (EPC) company that also provides operations and maintenance (O&M) services for utility-scale solar and en... Read More

Verkor's battery gigafactory in France to be operational by 2025

French battery firm Verkor laid the foundation stone of its battery gigafactory in Dunkirk, France last month. Aimed at mass production of low-carbon, high-performan... Read More
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