American-made KORE Power solutions will re-power energy storage assets in PJM Coeur d’Alene, Idaho : KORE Power, Inc. (KORE) will supply American-built battery energy storage systems to Cordelio Power for the repowering of Cordelio’s 20 MW/44 MWh McHenry standalone storage facility in the PJM Interconnection. Repowering with KORE’s deep-rack battery systems will increase the power, […]
India’s NTPC Renewable seeks bids for 1.5 GW/9 GWh of energy storage – EQ Mag
NTPC Renewable Energy Ltd, part of Indian state-run power producer NTPC Ltd (BOM:532555), is seeking developers to install at least 1,500 MW/9,000 MWh of interstate transmission system (ISTS)-connected energy storage capacity across India. The company issued an Invitation for Bids (IFB) on Wednesday and will await submissions by June 16. Bids are due to be […]
AI-Powered Energy Storage Technologies Will Be Key in Growing the Battery Market and Accelerating Renewable Energy Adoption – EQ Mag
The energy storage market is hitting warp speed, fueled by technological breakthroughs and soaring demand for electric vehicles and renewable energy sources. In 2022, the global energy storage market size reached an astounding $14.9 billion and is projected to grow at a 15.8% CAGR from 2023 to 2033. What recent or coming developments in the […]
Shedding Light on Mechanisms of Electrochemical Energy Storage – EQ Mag
UV-Visible Spectroscopy Gives Researchers a Tool to Study Battery Materials Understanding why certain materials work better than others when it comes to energy storage is a crucial step for developing the batteries that will power electronic devices, electric vehicles and renewable energy grids. Researchers at Drexel University have developed a new technique that can quickly […]
Bulgaria, European Bank for Reconstruction and Development sign renewables and energy storage agreements – EQ Mag
The Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements for the development of renewables in the country. A key part of the National Plan for Recovery and Sustainability, the agreements will support the growth of new solar PV capacity as well as energy storage within the […]
Iron-Air Batteries: A New Class of Energy Storage – EQ Mag
Iron-air batteries are an innovative, exciting development in high-performance energy storage. This article will look at what this technology means for the battery industry and modern society, and the technological solutions provided by Form Energy. Lithium-Ion Batteries: A Green Technology Not Without its Limitations The impact of modern industrialized society on the environment has become […]
Smartville Takes Major Step Forward with MOAB™, Its Scalable, Second-Life Energy Storage System Installed for UC San Diego – EQ Mag
SAN DIEGO : Smartville, a leading developer of reliable second-life energy storage systems, has deployed its first commercially available product, the MOAB™ energy storage system, at the University of California San Diego’s Library Annex. MOAB is the first second-life energy storage system to integrate and control repurposed electric vehicle battery packs from different manufacturers at […]
AGES OF RENEWABLE ENERGY STORAGE – EQ Mag
As society transitions toward renewable energy sources, energy storage inevitably comes to mind. Researchers at the University of Illinois at Urbana-Champaign have found one way to store renewable energy that re-purposes existing fossil fuel infrastructure. While geothermal electricity generation shows a lot of promise, it’s currently limited to a select few areas where hot rock […]
Gore Street Energy buys Californian energy storage for $110 million – EQ Mag
Gore Street Energy Storage Fund PLC on Friday said it has agreed to buy Big Rock, an energy storage project located in Imperial County, California. Gore Street Energy is a London-based investment company focused on energy storage. Gore Street will buy the 200 megawatt / 400 megawatt hour energy storage project from Avantus LLC. The […]
Investing in energy storage delivers multiple benefits for businesses – EQ Mag
THE volatile international energy markets of the last 12 months have shown us in the UK that the only way to avoid reliance on such markets is through continued build out of renewables infrastructure, linked to an increasing amount of energy storage. Energy storage is a rapidly growing sector, but it’s not just for utility […]