Greensmith, a leading provider of grid-scale energy storage software and integration solutions, today announced the addition of two new applications to its GEMS4 software technology platform. The new StorageModel™ andStorageView™ applications offer advanced simulation and visualization capabili... Read more
UP, Karnataka, Andhra Pradesh, Goa, Gujarat and West Bengal strengthening their transmission and distributionWith states gearing up to modernise power distribution, thetransmission infrastructure is set to undergo an overhaul. At least five major states with highest power consumption in the country... Read more
South Korea's LG Chem said it had been picked by Daimler AG as the sole battery supplier for the automaker's new range of Smart electric vehicles, which will be launched in 2016. LG Chem did not disclose the value or volume of the deal, but said EVs account for a small portion of about 100,000 ... Read more
General Compression, Inc. and SustainX, Inc., two leaders in the development of fuel-free Compressed Air Energy Storage (CAES) technology, today announced that they have entered into a letter of intent to combine their businesses, subject to certain conditions, into a new entity to be called GCX Ene... Read more
Dive Brief: The global electricity grid can be 70% renewable by 2050, said 1,600 energy sector respondents to a new survey done by DNV GL. The firm sought to address questions about how to best move forward the integration of cleaner energy into the global electricity system. To rea... Read more
Banks in India, and globally, are building up a healthy appetite for clean energy financing, announcing commitments for larger projects in a fast expanding industry.Citigroup said it plans to lend, invest and facilitate deals worth $100 billion by 2025 to support projects that will fight climate ch... Read more
Imergy energy storage systems will help SunEdison bring reliable electricity to millions of people in rural India as part of its goal to help 20 million people by 2020SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, today announced that it plans to purchas... Read more
“This strategic alliance allows us to combine our complementary capabilities and will enable us to bring optimized solutions to our customers.”Samsung SDI (KRX:006400), the world’s leading manufacturer of lithium-ion batteries, andABB, the leading power and automation technology group, have si... Read more
Installed capacity of energy storage is expected to more than triple over the next five years, according to a new report. The energy storage market is poised for substantial growth over the next five years, with installed capacity this year expected to more than triple to 220 MW from last year’... Read more
he worldwide capacity of distributed energy storage systems is expected to increase nearly 10-fold over the next 3 years, according to a new report from Navigant Research, which analyzed the global market for distributed energy storage systems through 2024. The primary conclusion of the report is t... Read more
In the first step towards implementation of the Narendra Modi government's plan to build 100 smart cities, the Confederation of Indian Industry on Tuesday inked pacts with global technology firms Siemens and HitachiBSE 1.87 %. Under the agreement, the industry led consortia will spearhead the con... Read more
Andre Borschberg touches down in Varanasi - LEDs light up the front surface of the wings Solar Impulse, the solar-powered plane attempting to fly around the world, has completed the first leg in a two-hop journey from India to Myanmar. Solar Impulse, with Andre Borschberg at the controls, left... Read more