World lead prices have had a tepid run in the last many quarters. The broader commodity rally has left this base metal largely untouched because of a combination of factors — lack of liquidity in this relatively small market, little inclusion in passive indices and opacity of Chinese data. No wond... Read more
The latest in the deals space in India has seen three companies including home utility startup Bonita, thermal-energy storage startup TESSOL and online marketplace Indofash have raised funding. Home utility startup Bonita gets funding from group of investors Bonita India, a home utility startup, has... Read more
AES’ Advancion® to Enhance Reliability at Panasonic Manufacturing Facility New Delhi, April 18, 2016 Panasonic India Pvt. Ltd. and AES India Private Limited today announced an agreement to construct a 10 MW energy storage array at Panasonic’s Technopark manufacturing facility in Jhajjar, Harya... Read more
EnerSys India Batteries Private Limited has launched its new 2V VRLA Battery on 19th Nov’2016 called Genesis TDX. Genesis TDX has many FIRSTS to offer to demanding, reliability hungry and performance savvy industries - be it Telecom, Power, Renewables, UPS, Data Centers, Defence, or other proces... Read more
Gamesa aims to cut off-grid generation costs by 40 percent, compared to diesel, using a system that combines traditional gensets with wind, solar and storage. The Spanish turbine maker said early tests showed its off-grid system could achieve renewable energy generation rates of up to 90 percent ... Read more
China, the world’s biggest clean-energy investor, lowered its solar and wind power targets for 2020, a reflection of how record installations of renewables have overwhelmed the ability of the nation’s grid to absorb the new electricity. China is now aiming for 110 gigawatts of solar power by 20... Read more
A new report from Navigant Research examines global energy storage projects, providing a database of more than 1,200 projects encompassing more than 43,000 individual systems, with an analysis of regional technology choices and market shares. Market activity in the energy storage sector continues t... Read more
Mercedes-Benz on Nov. 3 said it plans to introduce a modular residential energy storage product in North America next year. The new battery modules will have an energy content of 2.5 kWh that can be combined up to 20 kWh and used in as a stand-alone back-up unit or in combination with solar, accord... Read more
The last coal power station in Britain will be forced to close in 2025, the government said as it laid out its plan to phase-out the polluting fossil fuel. Ministers promised last year that the UK would close coal power within a decade and replace it with gas and other sources to meet its climate c... Read more
Car manufacturer Nissan has debuted its new vehicle-to-grid (V2G) chargers at its R&D facility in Cranfield, UK, six months after originally announcing them. In May this year Nissan launched the “groundbreaking” new chargers to much fanfare at a press event dubbed ‘Nissan Futures’, wher... Read more
Storage battery maker Exide Industries has reported a 16.92 per cent jump in net profit for the second quarter ended September, driven by higher demand in both automobile and industrial battery segments. Net profit at the end of the quarter stood at Rs 181.32 crore compared with Rs 155.08 crore in ... Read more
Citrecycle – based in the Accelerator Suite at Norwich Research Park’s Innovation Centre – has developed a sustainable process to profitably revolutionise the recycling of lead-acid batteries, a procedure that currently has a damaging effect on human health and the natural environment in many ... Read more
