TAG: "battery storage"

News

Mahanagar Gas Limited Enters JV with IBC US to Invest in IBC India

Mahanagar Gas Limited signed a Share Subscription Agreement (SSA) and a Shareholding Agreement (SHA) with International Battery Company, Inc. (IBC US), through which both parties will invest in International Battery Company India Private Limited (IBC) to form a joint venture company, which is currently a 100 percent subsidiary of IBC US.

Battery Storage | November 08, 2024 | By News Bureau | 439

Serentica Plans to Establish 10 GW Renewable Energy Projects in Andhra Pradesh

This initiative underscores the company's commitment to supporting India's clean energy goals and fostering sustainable growth in the region.

Battery Storage | November 07, 2024 | By News Bureau | 470

DNV Supports Atlas in Securing USD 289 Mn Financing for 800 MW BESS Project in Chile

The project, designed to stabilize Chile’s energy grid and reduce renewable energy curtailment, is expected to inject 280 GWh of electricity into the grid annually. Its completion will not only bolster grid reliability but also help cut carbon emissions in a region grappling with intermittent renewable energy supplies.

Battery Storage | October 08, 2024 | By News Bureau | 1283

GE Vernova to Deliver Integrated BESS for Large Scale Storage Project in Australia

GE Vernova Inc. has been chosen by Quinbrook Infrastructure Partners (Quinbrook) as the Battery Energy Storage System (BESS) integration provider for the second stage, comprising 250 MW/1,000 MWh of storage, of their Supernode BESS project in Queensland, Australia.

Battery Storage | September 21, 2024 | By News Bureau | 488

Jindal India Renewable Energy Targets 5 GWh in Battery Storage by 2027

Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the Battery Energy Storage Systems (BESS). The company plans to build 1 GWh battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with 5 GWh capacity by 2027.

Battery Storage | September 18, 2024 | By News Bureau | 565

Sunly Raises Euro 300 Million to Advance Renewable Energy in Baltics and Poland

Sunly has raised €300 million in debt financing to accelerate the construction of 1.3 GW of solar, wind, storage, and hybrid parks across the Baltics and Poland.

Battery Storage | August 30, 2024 | By News Bureau | 738

Volvo Secures Order for 300 Electric Trucks from DSV

All electric trucks are expected to be delivered between 2024 and 2026, and this is an important part of the company's plan to increase its electric trucks fleet to 2,000 by 2030.

Battery Storage | August 23, 2024 | By Aishwarya | 677

IEEMA Organises Preview of ELECRAMA 2025 in Hyderabad

During the roadshow, IEEMA highlighted its strategic initiatives aimed at enhancing collaboration and engagement among industry players.

Battery Storage | August 08, 2024 | By News Bureau | 597

LICO Materials, Sanvaru Technology to Recycle Lithium-Based Batteries for Sustainable Future

LICO Materials has inked a strategic partnership with Sanvaru Technology to address the challenges of recycling battery materials and contributing to the sustainable practices crucial for the electric mobility sector.

Battery Storage | August 05, 2024 | By Aishwarya | 826

Simple Energy Bags USD 20 Million in Series A Funding

Simple Energy has received USD 20 million in Series A funding.

Battery Storage | July 31, 2024 | By Aishwarya | 643

Articles

Future of Energy Storage System and Solar Integration in India

In the past decade, India has made monumental strides to grow its renewable energy (RE) capacity, making it one of the world’s fastest-growing RE markets. Today, globally, India ranks fourth in overall renewable energy (RE) capacity, with 82 GW...

Battery Storage | November 18, 2024 | By News Bureau | 121