energy storage
India plans mega battery storage capacity, tenders to be floated
- Jul 16, 2021
The Union power ministry is likely to float tenders for sourcing 4,000 MW of battery-based energy storage capacity. According to a reliable media report, Union power minister R.K. Singh indicated this at a recent virtual conference, organized by Confederation Read more
LNJ Bhilwara Group enters energy storage market; announces JV with Replus Engitech
- Jun 28, 2021
The multifarious LNJ Bhilwara Group has announced its entry into the lithium-ion battery business through its private promoter entities. The group has entered into a joint venture with Replus Engitech Pvt Ltd, a Pune-based company pioneering advanced energy Read more
ReNew Power associates with “StorageX”, targets grid-level battery usage
- Jun 9, 2021
ReNew Power has announced a collaboration agreement with Precourt Institute for Energy at Stanford University and its “StorageX” initiative. StorageX is an academic-industry-government initiative that aims to solve the most pressing real-world challenges in battery storage. ReNew’s Read more
Grid-connected Li-ion battery based energy storage system launched in Delhi
- Mar 27, 2021
Nexcharge in collaboration with Tata Power Delhi Distribution Ltd (TPDDL) inaugurated India’s first grid-connected Li-ion battery-based community energy storage system at Rani Bagh, Delhi, on March 27, 2021. The 0.52 MWh battery energy storage system at TPDDL’s Rani Bagh Read more
Wärtsilä selected for mega energy storage project in Australia
- Jan 14, 2021
AGL Energy Ltd, one of Australia’s leading integrated energy companies, has selected Wärtsilä as one of the two suppliers for their up to 1,000 mw grid-scale energy storage plans. Wärtsilä has signed a non-exclusive five-year Large Scale Storage System Read more
Qatar Investment Authority commits $125 million in Fluence
- Dec 31, 2020
Global energy storage solutions provider Fluence has entered into a definitive agreement with the Qatar Investment Authority (QIA) by which QIA will invest $125 million in Fluence through a private placement of equity. QIA’s investment brings another strong financial Read more
India’s energy storage market to grow at 8% pa during 2020-27
- Dec 23, 2020
The stationary energy storage market in India is expected to grow at a CAGR of about 8 per cent during 2020-27, according to a report by India Energy Storage Alliance (IESA). The growth projection is based on a business Read more
Fluence introduces sixth-gen energy storage technology
- Jun 17, 2020
Fluence, a Siemens and AES company, has unveiled its sixth-generation energy storage technology stack combining factory-built hardware, advanced software and data-driven intelligence. Drawing on more than 12 years of industry leadership and innovation, the new technology is changing the Read more
IESA seeks clear policy framework for energy storage
- Jun 11, 2020
A clear policy framework regarding energy storage is needed in the new electricity law for the adoption of storage technologies in suitable areas, an industry body has suggested. The Draft Electricity (Amendment) Bill, 2020, floated by the power ministry, Read more
Tata Power DDL and IFC in agreement for energy storage study
- Aug 29, 2019
Tata Power Delhi Distribution and World Bank Group member International Finance Corporation have joined hands to assess storage capacity requirement in Tata Power-DDL’s area for ensuring sustainable and reliable power distribution and to formulate a business model for Read more