Nigeria’s Rural Electrification Agency, Husk Power Systems partner to deploy 250 MW of decentralized renewable energy projects
Nigeria’s Rural Electrification Agency has partnered Husk Power Systems for inter-connected minigrids and isolated minigrids, rooftop commercial and industrial (C&I) solar, productive use of energy (PUE), and appliance sales and financing.
The rise of solar co-ops: Collective action for installation advancement
Ishan Chaturvedi, director and co-founder at Vareyn Solar , talks about harnessing solar power with solar cooperatives in India.
Schneider Electric launches new storage systems for microgrids
The France-based group said its has released two new BESSs with enclosures of 7ft and 20ft. Their power ranges from 60 kW to 500 kW.
IEA calls for sixfold expansion of global energy storage capacity
The International Energy Agency (IEA) has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.
Husk Power Systems secures additional $4 million in debt financing from ElectriFI
Husk has secured an additional $4 million in debt financing from ElectriFI, the EU-funded impact investment facility, further building upon ElectriFI’s initial $6 million investment in September 2022.
India’s ruling party pledges renewables, manufacturing focus in its poll manifesto
India’s ruling party Bharatiya Janata Party (BJP) has vowed continued focus on renewables, energy storage and electric mobility with a view to achieving energy independence for the nation by 2047.
Husk Power secures $20 million in debt financing from European Investment Bank
Husk Power will use the fund for the construction of community solar minigrids in Nigeria, installation of rooftop solar for commercial & industrial (C&I) customers, expansion of appliance sales to households and small businesses, and the scaling of value-added services such as agro-processing and e-mobility.
Envirostream eyes increased recycling revenues after boosting battery volumes
Battery technology company Lithium Australia’s 100%-owned subsidiary Envirostream is seeking to scale up its battery recycling efforts, signing an updated agreement with South Korean manufacturer LG Energy Solution in a move that could deliver 770 tonnes of lithium-ion batteries for recycling.
After-sale support key to boosting off-grid solar
A new survey from US-based impact measurement company 60 Decibels shows off-grid energy customers are currently facing a series of challenges such as product affordability, gender inequality, customer support, further investment in minigrids, and over-indebtedness. The report, however, reveals that most users say the quality of their lives “very much improved” thanks to off-grid PV.
Socomec releases new modular energy storage system
Socomec says its new modular energy storage system includes a converter and up to six battery cabinets. At maximum capacity, it can store 1,116 kWh.
