batteries

Solar PV and energy storage developer and operator MN8 Energy has secured a private placement of US$325 million.

Peak Energy and TOPINFRA have launched a joint venture that aims to develop more than 500MW of solar and battery storage capacity.

Voltalia has published its financial results for the first half of 2023, which include a 44% growth in turnover in energy sales.

State-owned green financier partners with Bank of Queensland for AU$100m scheme set to offer cheaper finance to target technologies.

Utility turns to Quinbrook, Arevia, 8minute, EDF to deploy 1.2GW of PV and 590MW of batteries across three projects, with plans to bring all online by 2023.

India’s Goods and Services Tax (GST), a single tax applicable across the whole of the country, will be lowered for lithium-ion batteries by 10% in a move which has been welcomed by the India Energy Storage Alliance (IESA).

Softbank Vision Fund (SBVF) and GCL Group holding company have signed a memorandum of understanding (MoU) to launch a US$930 million joint venture in the Indian state of Andhra Pradesh, primarily to manufacture PV ingots, wafers, solar cells and modules.

Battery storage is “vital” to enabling microgrids to meet stringent requirements for being installed at US Military facilities, a developer has said.

India’s Central Electricity Authority (CEA) is debating how and whether to introduce a mandate for solar and wind projects above a certain size to be coupled with energy storage.

Mitsui & Co., a major Japanese industrial conglomerate, has formed a Joint Venture (JV) with leading India mini-grid developer OMC Power to expand their mini-grid business into Africa. The new JV is part of a ¥1 billion (US$9 million) equity investment by Mitsui in OMC Power.