G7 ministers target six-fold increase in global energy storage by 2030

Source: G7 Italy 2024

In the recently held G7 Ministerial Communique for Climate, Energy, and Environment in Italy, the G7 group of advanced economies called for increasing global en...

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World Bank working on proposal for $1 bn support to India's BESS, e-mobility sectors

Image: Shutterstock

The World Bank and State Bank of India (SBI) are in talks for a $1 billion line of credit to aid the country's energy transition, according to media reports. The funds will support...

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NHOA commissions over 120MWh of energy storage project in Taiwan

NHOA Energy, part of the NHOA Group that designs and delivers energy storage systems on Tuesday [April 16] announced that it has successfully commissioned over 120MWh energy storag...

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Scientists demonstrate two new battery chemistries: water and calcium

The calcium-oxygen battery developed by scientists at China's Fudan University is stable in air and can be made into flexible fibres to produce next-generation wearables. Photo: Fudan University

Scientific teams working in Australia and China have demonstrated two new battery chemistries that could supplant lithium-ion batteries in the coming years, thus overcoming the pos...

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EIB approves €4.3 bn in transition funding, including €805 mn for clean power

Image: Pexels

The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's transport and energy distribution, besides expanding energy stor...

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European commission approves €1 bn for two solar-storage projects in Greece

Image for representation purposes only. Source: European Commission

The European Commission has recently approved €1 billion under EU State aid rules to support two projects for the renewable energy generation and storage i...

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ETN Know More: Stationary Energy Storage

A collection of the top articles on ETN.news spanning the stationary energy storage sector. US Dept of Energy $125 mn for next-gen battery resear...

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TagEnergy and Harmony Energy’s 49MW/98MWh battery storage facility comes online

Clean energy company, TagEnergy and renewable energy infrastructure developer, Harmony Energy's 49MW/98MWh Jamesfield battery energy storage system (BESS) facility has come online ...

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ADS-TEC: Decentralized battery storage platforms with ultra-fast DC charging

Image for representation purposes only. Source: ADS-TEC Energy

Battery-buffered solutions enable energy consumers and providers to act independently of the limited grid and inflexible renewable energy suppliers. ADS-TEC Energy is developing&nb...

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JSW Energy's arm signs agreement for 250MW/500MWh standalone battery energy storage system

Image for representation purposes only.

JSW Energy Ltd on Tuesday announced that its 100% step-down subsidiary, JSW Renew Energy Five Ltd has signed a battery energy storage purchase agreement (BESPA) for a 250MW/50...

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IOC increases holdings in Phinergy to 17%; Move to fortify Phinergy’s telecom backup power biz

Indian Oil Corporation Ltd (IOC), India's state-owned multinational energy company has completed the second round of investment in Israel-based, Phinergy, bringing its holding in t...

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No looking back: Energy transition in Europe, the UK

In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress...

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Alcemi secures permission for 3GWh battery energy storage projects

Image for representation purposes only.

UK-based battery storage developer, Alcemi has secured planning permission for 1.5GW of battery energy storage projects, including one of the largest projects of its kind. The two ...

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Panama floats 500MW RE plus energy storage tender; first in Central America

Image for representation purposes only. Source: Travis Taliaferro

Central American nation Panama has recently announced its first-ever renewable energy and energy storage bidding auctions to meet the growing demand for electricity and enhance gri...

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IESA summit on ways to boost Indian battery manufacturing, support giga factories

The India Energy Storage Alliance (IESA) inaugurated its third annual India Battery Manufacturing and Supply Chain Summit (IBMSCS) in Hyderabad today, kickstarting a two-day fest d...

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Fluence milestone: crosses 20 GWh of energy storage systems globally

The Liddle Battery Project, Image Courtesy: Fluence

Fluence Energy last week announced that the company had surpassed 20 GWh of deployed and contracted energy storage systems globally.  In a release, the company called this an ...

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Cleantech Startups in the MENA Region

Brilliant Planet's current pilot site in Morocco, in operation since 2018. Source: Brilliant Planet.

Cleantech startups in the MENA region are helping their countries transition towards a sustainable and low-carbon future. Backed by government-led initiatives, venture capital fund...

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IESA pre-Budget recommendations to strengthen India's energy security

Image: Shutterstock

The India Energy Storage Alliance (IESA), the country's premier industry body for companies operating in the energy transition space, has submitted its pre-Budget recommendati...

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GODI plans 12.5 Gwh cell factory in Telangana

Image: GODI

GODI India Private Ltd has signed an MoU with Telangana to set up a 12.5 GWh cell manufacturing facility with an investment of ₹8,000 crore, the parties announced. The agreement wa...

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NineDot Energy secures $225 million in equity financing; new funding to support its battery energy storage projects

NineDot Energy's 5MW/20MWh Staten Island battery storage project

Community-scale battery energy storage system (BESS) provider in the New York City metropolitan area, NineDot Energy secured an additional $225 million in equity capital from its e...

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e-STORAGE to supply 220 MWh DC battery for Epic Energy's Mannum solar project

The Mannum solar farm. Image: Epic Energy

Canadian Solar announced that its battery subsidiary e-STORAGE will deliver 220 MWh DC of energy storage solutions to a standalone energy storage project owned by Epic Energy in Ma...

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Chilean govt. retains majority stake in lithium production in Chile

Salar de Atacama [geometric shapes at the bottom right] – Chile’s largest salt flat. At about 3000 sq km, it is the world’s third-largest salt flat as well as one of the largest active sources of lithium. Image courtesy: European Space Agency.

The Chilean government on Thursday (Dec. 28) announced that the State will have a historic 50%+1 stake in lithium production in the country with the State-owned Copper Company...

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Volts UAE, Schneider Electric ink agreement to set up giga-industrial BESS facility in Abu Dhabi

Abu Dhabi-based smart energy storage solutions provider, Volts UAE Ltd (Volts) and global leader in energy management and industrial automation, Scheider Electric have si...

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Form Energy gets $30 mn from California for 100-hour capacity iron-air battery

Image Courtesy: Form Energy

Form Energy has received $30 million from the California Energy Commission (CEC) to build a project capable of discharging energy for 100 hours.  The company will use the mone...

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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...

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

Stephen Fernands, President of Customized Energy Solutions, speaking at the event. Image: ETN

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...

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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...

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Envision 2023: IIT Madras Research Park-IESA gear up to host two-day energy conference

IIT Madras Research Park (IITM RP) in partnership with industry body, India Energy Storage Alliance (IESA) will host a two-day energy festival, 'Envision 2023' organizing ...

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Daily Shorts: Snam plans H2 pipeline, esVolta gets $170 mn for California energy storage, and more

First Citizens Bank announced it served as the lead agent on a $170 million credit facility extended to esVolta, a company that develops, owns and operates utility-scale battery en...

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In India, abandoned coal mines to make way for pump storage projects

The site of abandoned coal mines could soon make way for pump storage projects (PSP) in India. As per a statement issued by the Ministry of Coal, the ministry has initiated a ...

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