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California Proposes $100M in Energy Storage Incentives to Boost Wildfire Resiliency

An incentive carve-out for high-fire-risk areas could boost uptake among customers most likely to want solar-storage systems. California regulators want to direct $100 million in state energy storage incentives to a new class of disadvantaged customers: those living in parts of the state at the highest risk of deadly wildfires. The California Public Utilities Commission […]

Electrovaya Announces Two Repeat Purchase Orders for Lithium Ion Batteries

Electrovaya received two repeat purchase orders from its existing Fortune 500 customers, totaling around C$1.1 million. Electrovaya’s back order is now over C$5 million in the Commercial Electric Forklift Battery and Energy Storage Systems. Addressable market for North America alone in Material Handling Electric Vehicles(MHEV-Forklifts) is about 1.5 million operation, plus around 150,000 new MHEV(Forklifts) […]

Tesla, Two Chinese Firms Show Interest In India’s Rs 50,000 Crore Plan To Build Six Lithium-Ion Battery ‘Gigafactories’

Elon Musk’s Tesla and two Chinese firms, Contemporary Amperex Technology and BYD Auto Company, have shown interest in being part of the Narendra Modi government’s plan to invest around Rs 50,000 crore to build mega factories to produce lithium-ion batteries in the country, business daily Mint has reported. The programme, which is being managed by […]

UL Issues World’s First Certification for Repurposed EV Batteries to 4R Energy

Second life battery certification helps advance sustainability and energy reliability TOKYO: UL, a leading global safety science company, announced today that 4R Energy Corporation, a joint venture of Nissan Motors and Sumitomo Corporation focusing on the effective reuse of EV batteries for energy storage systems, is the first organization worldwide to be certified to UL […]

NEC to Install More than 20MW of Municipal Energy Storage Projects in New England

Programs save ratepayer’s money, reduce greenhouse gas emissions and provide energy resiliency WESTBOROUGH, Mass.: NEC Energy Solutions (NEC ES), today announced six additional energy storage projects of more than 20 MW at municipal power plants throughout New England including Madison, Maine, and Ashburnham, Templeton, Wakefield, Middleton and Taunton, Massachusetts. The new projects follow the model […]