Tagged: energy storage

Crashing solar tariffs crush storage plans

NEW DELHI: The steep fall in solar tariffs may have delighted discoms and other power consumers, but it is also having unintended consequences. Last week, it forced the Solar Energy Corporation of India (SECI)...

Siemens, AES form new energy storage joint venture Fluence

Manufacturers such as Siemens have been taking a strong interest in energy storage. In January, Siemens formed a partnership with Eos Energy Storage to integrate, install and service energy storage solutions. Siemens has now taken an...

Battery ‘to unlock more investment’

The world’s largest lithium ion battery, to be built in South Australia in a joint project by US billionaire Elon Musk’s company Tesla, will unlock more investment in renewable energy in the state, Premier...

Massachusetts targets 200 MWh of energy storage by 2020

Massachusetts released its highly-anticipated energy storage target a day before its July 1 deadline. The target aims to help the state reach its renewable energy goals, including procuring 1,600 MW of offshore wind. “As the...

Power Storage

Storage prices are dropping much faster than expected, due to the growing market for consumer electronics and demand for electric vehicles (EVs). Major players in Asia, Europe and the US are all scaling up...

Tesla in talks with India for lower import duty

New Delhi: The US-based electric car major Tesla is in discussion with the government seeking relief on import duties till a local factory is built here, according to the company’s CEO Elon Musk. Earlier this...