Storage Market Policy
The commercial viability and widespread adoption of energy storage solutions have the potential to address key issues in clean energy deployment, including grid safety...
India’s renewable energy landscape has transitioned from standalone solar and wind installations to highly customized hybrid power projects that often include...
India is working to enhance its domestic manufacturing capabilities for renewable energy projects and to fortify local supply chains to achieve its clean energy goals....
India’s total Battery Energy Storage System (BESS) capacity reached 219.1 MWh as of March 2024, according to Mercom India Research’s newly released report,...
The Ministry of Commerce has allowed developers of Special Economic Zones (SEZ) and units in SEZs to install solar systems for captive consumption, following demands...
The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 MW/3,512 MWh deployed across all segments. This marks the highest...
Battery Smart, a battery swapping network for electric two- and three-wheelers, has secured $65 million in a Series B funding round led by LeapFrog Investments. This...
The PM Surya Ghar Yojana, an initiative by the government to install rooftop solar systems in 10 million households, has hit several roadblocks in its implementation...
The Central Electricity Regulatory Commission (CERC) has increased the maximum block bid size for all power generators, including those using renewable sources and...
The Central Electricity Regulatory Commission (CERC) has approved the procedure for scheduling, metering, accounting, and settlement submitted by the National Load...
Energy storage solutions provider Eos Energy Enterprises narrowed its first quarter, 2024 net loss by 34.7% to $46.71 from $71.6 million in the same quarter of 2023....
The Delhi Electricity Regulatory Commission (DERC) has approved the Battery Energy Storage System (BESS) agreement between BSES Rajdhani Power (BRPL) and Kilokari BESS...
Energy storage infrastructure needs to expand by at least six times the current capacity if the world wants to triple renewables capacity by 2030 while maintaining...
The global energy storage sector witnessed a 432% increase year-over-year (YoY) in corporate funding, totaling $11.7 billion across 29 transactions, from $2.2 billion in...
Microinverter and battery storage supplier Enphase Energy recorded a net income of $48 million during the first quarter (Q1) of 2024, a year-over-year (YoY) decrease of...
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