SOUTH NEWINGTON, UK : A further highly successful round of investment for Connected Energy has secured £15m from five new major investors and will be welcome news to all those keen to see increased energy security, improved use of clean energy and extended lifetime use of electric vehicle batteries in energy storage systems (BESS). Caterpillar […]
Smart meters: BSES to install 50 lakh smart meters in Delhi by FY25 – EQ Mag Pro
BSES power discoms in Delhi will install 50 lakh smart meters with a capital outlay of up to Rs 4000 crore New Delhi: In a mega project, BSES power discoms in Delhi will install 50 lakh smart meters with a capital outlay of up to Rs 4000 crore, officials of the discom said on Monday. […]
Powin sells minority stake to Samsung investment arm – EQ Mag Pro
Global battery energy storage system (BESS) integrator Powin has agreed to sell a minority stake to Samsung Venture Investment Corporation. Samsung Venture Investment Corporation (SVIC) has agreed to buy a stake in Portland-headquartered Powin. A press release described SVIC as a fund managed on behalf of Samsung C&T (Engineering & Construction Group), the group’s engineering […]
Industry turns to energy storage – EQ Mag Pro
Energy storage in the past? Just have the accountants pay the electric bill on time. Energy storage now? Let’s look “behind the meter” and adopt a combination of suitable options to save power and revenue, improve sustainability and gain other benefits. Several trends are driving industrial energy consumers to refocus on energy storage and reexamine […]
New York awards 22 solar and battery projects totaling 2.4 gigawatts – EQ Mag Pro
New York has awarded 22 solar PV projects totalling 2.4GW of power, including six co-located sites with a combined 159MW of battery energy storage systems (BESS). The awards represent the state’s largest land-based procurement of renewable energy to-date, first covered by Energy-Storage.news‘ sister site PV Tech. The 22 projects will require US$2.7 billion in investment […]
SECI organized Pre-Bid Conference for setting up 1000 MWh of Battery Energy Storage System – EQ Mag Pro
Rescheduling of Pre-bid meeting for RfS for setting up of Pilot Projects of 500 MW/1000MWh Standalone BESS in India – EQ Mag Pro
Important: Pre-bid meeting for RfS for setting up of Pilot Projects of 500 MW/1000MWh Standalone Battery Energy Storage Systems in India – EQ Mag Pro
Pre-bid meeting: RfS for setting up of Pilot Projects of 500 MW/1000MWh Standalone BESS in India under Tariff-Based Global Competitive Bidding (ESS-I) – EQ Mag Pro
Tesla Power USA to lease BESS worth $1 billion in next 3 years – EQ Mag Pro
In the next two to three years, Tesla Power USA plans to lease a battery energy storage system (BESS) worth $1 billion under its new ‘power as a service’ model. The company stated that it will contribute to India’s rising energy demand by leasing BESS to Indian businesses, transforming their capex investment into OPEX (operational […]