Category: ENERGY STORAGE

In Short : The transition towards renewable energy is not only about installing more solar panels and wind turbines but also about how energy is traded and consumed. Traditionally, electricity markets have been centralized, with utilities acting as intermediaries between producers and consumers.

In Short : Tesla has announced that its new facility in Brookshire, Texas, will commence production of the Megapack 3 — its latest utility-scale battery — with deliveries expected in the latter half of 2026. The factory is projected to achieve an annual capacity of 50 GWh, thereby enhancing renewable energy storage and solar integration within the U.S. grid.

In Short : Grenergy has finalized a senior financing agreement amounting to 270 million dollars (230.5 million euros) for the sixth phase of the Oasis de Atacama mega project in Chile, thereby reinforcing the integration of solar energy, battery storage, and large-scale sustainable development.

In Short : Pace Digitek has obtained approval from SEBI to initiate its IPO, a decision that will promote expansion while aligning its business strategy with renewable resources, the adoption of solar energy, and priorities for sustainable development.

In Short : North Queensland (NQ) has successfully obtained a $10 million investment aimed at enhancing its critical mineral pipeline, which will facilitate the advancement of renewable resources, promote solar energy adoption, and contribute to sustainable development in the context of the clean energy transition.

In Short : The India Energy Storage Alliance (IESA) has expressed its approval of the GST Council’s decision to adjust tax rates on advanced batteries within the new GST 2.0 framework.

In Short : Coal India Limited (CIL) has released an Expression of Interest (EoI) inviting esteemed EPC firms to establish 150 MW of grid-connected Solar PV capacity in conjunction with Battery Energy Storage Systems (BESS).

In Short : ACME Solar has placed an order for 2 GWh of Battery Energy Storage Systems (BESS) with Chuzhou Lishen New Energy Technology, facilitated through POSCO International Corporation and China FAW Group Import and Export Co. Ltd.