Tags: Energy Storage

IESW 2020 to accelerate manufacturing of advanced energy storage and EV in India

India is on the path to become the largest market for advanced energy storage technologies within the next 5 years. It is undergoing exponential growth majorly driven by the existing demand for the behind the meter stationary storage for inverter / UPS segment and rising demand for electric vehicles particularly 2 and 3W vehicles. Moreover, […]

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PM Modi to Inaugurate India Energy Forum on 26 October, here is what we know

The Prime Minister of India Narendra Modi will deliver the inaugural address at India Energy Forum by CERAWeek scheduled from October 26-28. Here is what we know about the upcoming event. . India Energy Forum by CERAWeek, now in its fourth year, is hosted by IHS Markit. . The event will convene an international group […]

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Post COVID 19 Clean Energy can Support India’s Economic Recovery: Report

NITI Aayog and Rocky Mountain Institute (RMI) in its new report identify how COVID-19 is beginning to influence the clean energy transition in India, specifically for the transport and power sectors. The report recommends principles and strategic opportunities for the country’s leaders to drive economic recovery and maintain momentum towards a clean energy economy. COVID-19 […]

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Fluence Lines Up 2,300 MW of Orders for Sixth-Gen Energy Storage Technology

Fluence, a Siemens and AES company rencently unveiled its sixth-generation energy storage technology stack combining factory-built hardware, advanced software and data-driven intelligence. The company in a statement said the new technology is changing the way energy storage systems are built and operated — making them simpler, safer, faster and more cost-effective to deploy at scale. […]

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Clear policy on energy storage is needed in new electricity law: Industry body

A clear policy framework regarding energy storage is needed in the new electricity law for the adoption of storage technologies in suitable areas, an industry body has suggested. The Draft Electricity (Amendment) Bill, 2020, floated by the power ministry, seeks amendments to the Electricity Act, 2003, to address a series of challenges faced by the […]

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Fish gills used to develop efficient low-cost electrocatalysts for rechargeable batteries

Scientists at the Institute of Nano Science and Technology (INST), Mohali, an autonomous institute under the Department of Science and Technology, Govt. of India, have recently come up with an efficient, low-cost electro-catalyst from fish gills that can help develop environmentally friendly energy conversion devices. This bio-inspired carbon nanostructure can help overcome the bottleneck in […]

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Fortum, BASF, and Nornickel sign cooperation agreement on battery recycling

Fortum, BASF, and Nornickel have signed a letter of intent to plan a battery recycling cluster in Harjavalta, Finland, serving the electric vehicle market. This would enable a successful “closed loop” cycle to re-use the critical metals present in used batteries. Using metals from recycled batteries to produce battery materials offers significant CO2 reduction in the […]

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BHEL awarded tender for battery energy storage system under TERI consortium project

Bharat Heavy Electricals Limited (BHEL) emerged as best supplier of battery and associated equipment in a tender recently floated by The Energy and Resources Institute (TERI) for installation and maintenance of battery energy storage systems (BESS). BHEL has offered 410 kWh of cumulative battery capacity for a total cost of Rs.2.51 crore, including six years […]

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Declining Renewable Costs Drive Focus on Energy Storage: NREL

An oft-repeated refrain—the sun doesn’t always shine, and the wind doesn’t always blow—is sometimes seen as an impediment to renewable energy. But it’s also an impetus toward discovering the best ways to store that energy until it’s needed. Declining costs in available technologies have propelled interest in energy storage forward like never before. The price […]

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Wärtsilä to provide full energy storage solution for hybrid projects in Mali

Wärtsilä will optimise the energy system of the Fekola Mine, located in a remote region in southwest Mali. This is needed to improve the mine’s operations, reduce fuel consumption, and lessen the carbon emissions. Wärtsilä has been contracted to design and engineer a cutting-edge 17MW/15MWh energy storage system based on the company’s GEMS energy management solution. The […]

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