Energy storage

Import of solar glass will attract 10% customs duty from October. Further, the list of exempted equipment for solar cell and panel production has been expanded.

Rays Power Infra has set up a wholly-owned subsidiary for production of solar modules, solar cells, and battery energy storage systems (BESS) at gigawatt scale.

Publicly-traded ESS Tech announced it received an investment from the Export-Import Bank of the United States to expand its manufacturing capacity in Oregon.

Bids were received for seven times the manufacturing capacity of 10 GWh to be awarded.

LG has developed two versions of its new enblock E storage system, each with usable energy capacities of 12.4 kWh and 15.5 kWh. It says the two models, sized at 451 mm x 330 mm, can be easily deployed in small spaces.

US-based Acculon Energy has announced series production of its sodium-ion battery modules and packs for mobility and stationary energy storage applications. Scaled production of 2 GWh is scheduled to start in mid-2024.

Fourth Power, backed by Bill Gates’ venture firm, has developed high-density thermal energy storage based on thermophotovoltaic cells. The tech, which is reportedly 10 times cheaper than lithium-ion batteries, is based on the U.S. company’s patented liquid metal heat transfer system.

Loom Solar has introduced its solar panels from 10 W to 575 -700 W bifacial TOPCon, energy storage solutions from 75 Wh to 5 kWh-45 kWh, high-frequency solar inverters, and customisable small solar panels in Southern India.

Exide has forayed into lithium-ion-based home power backup systems with the launch of wall-mount lithium battery inverters in 450 W and 720 W sizes. 

Schneider Electric’s state-of-the-art battery lab will focus on developing innovative battery technologies and exploring new energy storage solutions that prioritize sustainability and minimize environmental impact.