A lithium-ion battery energy storage system that has been switched on in Rani Bagh, Delhi, will serve multiple applications and could pave the way for adoption of smarter energy networks based on renewable energy across India. The battery system is relatively small by the standards of some of the grid-scale systems that are starting to […]
AC Energy buys Solar Philippines subsidiary as part of JV plan
AC Energy Philippines (PSE:ACEN) has acquired a 97.6% stake in a subsidiary of solar and battery storage supplier Solar Philippines Power Project Holdings Inc, namely Solar Philippines Central Luzon Corp (SPCLC). AC Energy, which is part of domestic business group Ayala Corp (PSE:AC), said in a bourse filing on Monday that the deal will enable […]
Exide Industries increases stake in JV with Leclanche to 80.15%
In June 2018, Exide Industries had announced signing of a pact with Leclanche SA for setting up a joint venture company to build lithium-ion batteries and provide energy storage systems for India’s EV market. New Delhi: Battery maker Exide Industries on Monday said it has increased stake in its joint venture (JV) with Swiss […]
Enel X, Ardian creating JV to manage, build energy storage projects in Canada
The energy service unit of Italian-based global utility Enel is partnering on development and management of energy storage projects in Canada. Enel X and private investment firm Ardian are entering into a joint venture to manage Enel X’s battery storage projects in Canada and support the acceleration on developing new ones there. The company—which will […]
Sterling Tools in JV with Chinese company to make components for EVs
Shell’s industrial customers in Ontario to be offered Convergent’s BTM battery storage
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power. US-Canadian project developer Convergent has been involved in some of the Canadian province’s biggest energy storage projects to date, many of which […]