Energy Storage

Husk Power Systems receives $20m investment from Shell, Swedfund and ENGIE

To scale up its mini grids business in Asia and Africa, Indian energy startup Husk Power systems has received sizeable financial backing from international investors.

IESA, IGEF sign deal at Intersolar India to promote energy storage

India Energy Storage Alliance (IESA) has signed an MoU with Indo-German Energy Forum (IGEF) to promote and facilitate the energy storage business in India among various German and Indian stakeholders.

BNEF summit: Low solar prices spreading spending doubt among Tier-1 firms

Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.

Energy storage shines bright in India

IESA and IEEMA have together organized a masterclass to develop advanced energy storage manufacturing in India. The event has also witnessed increased government support for the sector as energy storage opportunities in India are expected to attract investment of more than $3 billion in the next three years.

Azure Power to electrify villages through Mini and Micro Grids

Azure Power’s new initiative Azure M-Power has won a project to electrify 320 households across 11 villages in Jharkhand through development of mini and micro grids.

EESL India owned EPAL partnered with Leclanché to invest $12 million into first utility-scale storage project in Canada

The project will improve stability on Canada’s largest transmission grid by managing unbalanced supply-demand situations. Similarly, Indian PSUs owned EESL, through EPAL, will also be a part of $175 million investment in clean energy initiatives in the UK’s public and private sectors.

CLEAN invites proposals for storage-backed mini grids in India

The Clean Energy Access Network (CLEAN) has requested lithium-ion battery OEMs to demonstrate the efficacy of mini grids in the range of 15-20 kW, based on a lithium-ion battery storage system.

India’s first utility-scale solar storage project realized

Mahindra Susten won the auction for 20 MW/28MWh with the final all-in price of INR 2.99 billion ($46 million).

NTPC cancels Andaman’s energy storage tender

This is the third instance where an energy storage project has been cancelled in India, after MNRE EoL and SECI’s derailed projects in 2014 and 2016 respectively.

Wärtsilä to offer energy storage solutions in India

Wärtsilä, one of the largest global supplier of flexible and efficient energy solutions, has announced that it will provide technically and environmentally advanced energy storage solutions to the power markets in India.