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IESA proposes key reforms for India's Energy Storage Sector ahead of budget session
This initiative aims to extend electricity access across the country. In the previous year's Union Budget, Viability Gap Funding for 4GWh of projects was announced as part of a $4 billion 'Green Growth' package.Read more
L&T Construction wins turnkey contract for Amaala's Sustainable Mega Project in Saudi Arabia
Situated within the Prince Mohammed bin Salman Natural Reserve along Saudi Arabia’s northwestern coast, Amaala is an ultra-luxury destination covering 4155 square kilometres.Read more
Aleees-Taiwan, IFFCO partner to boost non-Chinese Li battery production globally
The agreement aims to explore the transfer of technology from Aleees to IFFCO, enabling the production and establishment of lithium iron phosphate (LFP) battery cathode material plants in India and Jordan.Read more
India joins Battery Energy Storage Systems Consortium led by GLC
In a collaborative push, India aligns itself with pioneering nations committed to securing 5 GW of BESS commitments by the end of 2024.Read more
Servotech Power Systems files 2 patents for energy management technologies
Both of these cutting-edge technologies possess applicability across a broad spectrum of fields, including solar and electric vehicle charging systems. The technologies are covered under two pending applications.Read more
EV Battery prices drop 10% in August amidst dampened demand
As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more
NTPC, OIL ink MoU for RE & Green initiatives
The two Maharatna giants, through this MoU, intend to enhance their footprint in Renewable Energy domain and foray into sustainable solutions to advance the efforts towards achieving the nation’s Net-Zero targets.Read more
Optimised energy storage systems providing significant savings
Let's Talk Science, a ESIP (Energy Storage in Production) project by Marian Süße from the Fraunhofer Institute for Machine Tools and Forming Technology will inform about new software for factories.Read more
Tata Sons to invest £4 bn in 40 GW battery cell gigafactory in UK
The investment is an integral part of the Tata group’s commitment to electric mobility and renewable energy storage solutions and establishes a competitive green tech ecosystem in the UK at scale.Read more
2nd Energy Storage Forum: Hydrogen Projects calls off $320 bn investments
Hosted by GCC Interconnection Authority (GCCIA), specialised forum urges financial institutions to invest in green and renewable energy technologies including hydrogen storage.Read more