The share of generation capacity from non-fossil-based sources will likely increase to 45 per cent by 2022 New Delhi: India will exceed the compliance of its commitment made to address climate change through green energy installations under the landmark Paris agreement, according to global credit rating agency Moody’s Investors Service. The share of generation capacity […]
Energy Storage
Convergent and Shell New Energies Announce Joint Venture to Install 21 MWh of Energy Storage Projects at Shell Facilities
Companies will also offer Convergent’s energy storage solutions to large electricity users in Ontario TORONTO: Convergent Energy + Power (Convergent), the leading independent developer of energy storage solutions in North America, and Shell *, today announced a joint venture starting with 21 MWh of industrial battery storage systems at two Shell Canada Products facilities in […]
LithiumHub Announces a New App for Ionic Batteries
The app provides instant status updates on battery capacity and more MOORESVILLE, N.C.: LithiumHub.com, announced today a ground-breaking new app for “Ionic Batteries” allowing ionic deep cycle batteries to be monitored. The app allows the user to monitor the state of charge, voltage, current, power levels, temperature, time left to discharge, time left to charge and […]
Storage Star to Break Ground on New Smart-tech, Solar-Powered Storage Facility in Napa
NAPA, Calif.: Storage Star announced today that a brand new, state-of-the-art, smart technology self-storage facility, powered by 100% renewable energy, is set to break ground on Friday, May 10, 2019. The 10:00 a.m. groundbreaking will take place at the new site at 300 Devlin Rd. in Napa, launching the region’s first new storage facility in […]
Phylion Battery Obtains 810 M. Yuan in Pre-IPO Funding
Phylion Battery Co., Ltd. announced recently acquisition of 810 million yuan from pre-IPO funding, which will be used in adjustment of shareholding structure and global market penetration. The funding was reportedly contributed mainly by a number of mutual funds under the management Yingke PE and is part of the funding program for the company, set […]
NYISO gets FERC approval to add energy storage to real-time market settlement rules
Washington: Having received the nod from the Federal Energy Regulatory Commission, New York’s grid operator is moving forward with a proposal to prepare its real-time market settlement rules for the expansion of wholesale market participation by energy storage resources. New York currently has about 30 MW of energy storage capability, all located downstate, but its […]
Massachusetts’ multipronged policy approach spurs distributed energy storage
Sunrun has credited the state’s bedrock of distributed energy policies for enabling its participation in ISO-NE’s capacity market with an aggregated solar-plus-storage bid. Massachusetts is a leader in the deployment of distributed energy storage in America, due to forward-thinking legislative approaches and other measures aimed at unlocking the full potential of the resource, analysts told […]
Tesvolt claims lead in race to build Europe’s first Gigafactory
The race to build Europe’s first lithium-ion energy storage system ‘Gigafactory’ could be won by Tesvolt, as the German manufacturer announced a “multimillion-euro investment” in production lines this week. Promising fully carbon neutral production of the company’s battery energy storage systems, which have been used both on and off-grid in more than 1,000 projects already, […]
Anger as UK gov’t proposes 15% tax rise for solar, storage purchases
The national Renewable Energy Association has taken aim at a British government proposal to hike up tax rates attached to some energy saving equipment purchases, including solar and battery storage. A consultation launched by the government department responsible for tax, HM Revenue & Customs closed late last week, proposing an increase in the VAT (value-added […]
Electrifying India’s transport: An action plan for leapfrogging towards a clean, connected and shared future
India’s urban population will nearly double in the next decade. More than half a billion people will live and work in Indian cities. Travel within and between cities will grow exponentially. This rapid growth poses several social, economic and environmental challenges. To convert these challenges into opportunities, India needs to prioritise shared and public modes […]