Energy Storage

The venture capital arm of British energy company bp has invested $13 million in BluSmart in a $25 million Series A funding round. The investment will help BluSmart bring its electric vehicles and charging stations to five major cities.

The Australian-Singaporean group behind a proposed 20 GW solar PV farm and 42 GWh battery energy storage project under development in Australia’s remote far north has hinted that other, similar-sized projects are already in the pipeline.

Multiple factors can affect the lifespan of a residential battery energy storage system. We examine the life of batteries in Part 3 of our series.

U.S. start-up EnerVenue has secured funding to build a gigafactory to produce nickel-hydrogen batteries for large scale renewable and storage applications. The battery has an efficiency ranging from 80 to 90%, depending on the cycle rate, and its energy density per square foot is equal to, or better than lithium-ion batteries, according to the company.

SmartChargEV plans to set up electric vehicle charging facilities at 4,000+ locations in all the States and union territories of India by 2025, and 23,000+ locations by 2031.

The modular power station comes with two lithium iron phosphate (LFP) batteries and has a capacity of 6 kW/24.6 kWh. It relies on a 3 kW pure sine wave inverter which the manufacturer said is able to adjust the AC charging rate.

A report by BloombergNEF and Schneider Electric has pressed the case for governments to unlock the world’s potentially huge rooftop solar potential, and cited California’s solar mandate as a shining example.

To achieve its sustainability targets, Southeast Asia will require integrated strategy and execution across generation, transmission, and distribution, as well as planning that balances both capital and operational expenditures. The regional power industry will need partners who can merge data analytics with engineering expertise to deliver timely and actionable insights that realize the full potential of assets and facilities.

The electric vehicle conversation is dominated by all-electric options, and sales figures back up the shift from the age of the Prius to the age of Tesla. However, the timeline for the Global South is very different and hybrid EVs are better than ever. Hybrid EVs shouldn’t be considered a legacy technology, and may be greatly significant for their role in the path to decarbonization, explains Gautham Ram, assistant professor at TU Delft.

Under the partnership, Tata Power will provide end-to-end electric vehicle (EV) charging solutions across Lodha Group’s residential and commercial projects in Mumbai Metropolitan Region (MMR) and Pune.