Fri, Aug 16, 2024
Global corporate funding in the energy storage sector has surged to USD 15.4 billion in the first half of 2024, more than doubling from the previous year, according to Mercom Capital. This includes significant increases in venture capital, debt financing, and public market investments.
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Thu, May 02, 2024
The BESS also plays a role in improving grid stability, providing ancillary support services and peak load shifting.
Wed, Feb 07, 2024
In India, Graphite India (GIL) has entered into a definitive transaction to invest Rs 50 crore in compulsory convertible preference shares of GODI Energy, and BatX Energies raised USD 5 million in pre-series A funding.
Sun, Oct 01, 2023
Luminous Power, now completely owned by French engineering company Schneider Electric, has plans to invest around Rs 2,000 crore in capacity expansion of its existing plants, a solar greenfield project, research and development (R&D), digitisation, brand building and channel engagements.
Sat, Apr 30, 2022
Cellex Battery Systems Pvt Ltd, a Coimbatore-based startup, is set to launch its advanced energy storage solution that will enter the commercial market in June this year.
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