In Short : A US executive has stated that India’s energy storage plans require subsidies to be effective. This viewpoint emphasizes the importance of financial incentives and support mechanisms to encourage the adoption of energy storage technologies in India. Subsidies can stimulate investments, promote innovation, and make energy storage solutions more accessible, accelerating India’s transition […]
India Requires 74 GW Of Energy Storage By 2032 For The Integration Of RE – EQ
India needs to drastically improve its energy storage infrastructure in order to successfully integrate renewable energy sources and fulfil the nation’s soaring energy demands. The Central Electricity Authority (CEA) forecasted a requirement of 74 gigawatts (GW) and 411 gigawatt-hours (GWh) of energy storage capacity by 2032 in accordance with the National Electricity Plan (NEP) 2023. […]
GUVNL issue Tender for Supply of selection of project developers through competitive bidding process for procurement of energy storage capacity on long term – EQ
GUVNL issue Tender for Supply of selection of project developers through competitive bidding process for procurement of energy storage capacity on long term For more information please see below link:
User-side Energy Storage: Rigid Demand and High Electricity Price Boosts Development – EQ Mag
Domestic Price Gap Between Peak and Valley Hours Drives Industrial and Commercial Energy Storage Development. According to statistics from CNESA, in June 2023, the average price gap between peak and valley hours, based on agent-based pricing, was RMB 0.69/kWh in China. This figure is slightly lower than the annual price gap of RMB 0.70/kWh observed […]
Storage the next energy revolution – EQ Mag
If you grew up in India in the 1980’s and 1990’s, you would most likely remember the banks of large lead-acid batteries in many homes. India’s younger demographic might not be aware, but ‘load-shedding’ was a real thing, as the country could not generate enough power and inverters which transmitted the stored power into the […]
Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants – EQ Mag
Two Chinese manufacturers of energy storage systems and batteries are eyeing collective investments worth more than a billion dollars in Vietnam, sources said, amid a growing push by firms from the mainland to expand their presence in their Southeast Asian neighbour. Vietnam, a global export hub, has been attracting global investments thanks to its array […]
Long-Duration Energy Storage is Key to Cleaning up the Power Grid – EQ Mag
When reading about energy storage you may come across terms like long-term storage, seasonal storage, diurnal storage, or long-duration storage. Long-term storage can include seasonal energy storage, which can shift delivery of power to a different time of year. Diurnal storage can shift power delivery over a few days. And, long-duration storage is particularly important […]
The New Iron Age: The Potential of Affordable, Safe, and Clean Energy Storage – EQ Mag
The United States is accelerating into the sustainable energy transition, aided by the landmark Inflation Reduction Act (P.L. 117-169) (IRA) and the Infrastructure Investment and Jobs Act (P.L. 117-58) (IIJA), which provide billions of dollars in funding for renewable and clean energy development, as well as tax credits and incentives that prioritize environmental and equity-focused […]
Salgenx Reveals the Future of Energy Storage with a Grid-Scale Multifunctional Industrial Powerhouse – EQ Mag
MADISON, Wis. : Salgenx, a leading innovator in energy storage technology, has unleashed its latest breakthrough in the field of grid-scale energy storage. The company has introduced a revolutionary multifunctional industrial powerhouse that is set to redefine the way we store and utilize energy. With the growing demand for sustainable and efficient energy solutions, Salgenx […]
Dubai gears up to host global Energy Storage Forum ahead of COP28 – EQ Mag
Dubai is eagerly preparing to host the highly anticipated return of the prestigious Energy Storage Forum this year, strategically organized in anticipation of the 28th meeting of the Conference of the Parties (COP28) scheduled for November. From May 23 to May 25, 2023, the Energy Storage Forum’s 2023 edition will take place at the Sofitel […]