Form Energy raises $405 million for its multi-day iron-air batteries
The U.S.-based long duration energy storage startup has raised more than $1.2 billion to date, making it one of the top-funded players in the space.
The Hydrogen Stream: Harvard researchers say H2 costs underestimated
Harvard University researchers say hydrogen costs are underestimated due to unaccounted storage and distribution variability across sectors, while Kore Infrastructure has told pv magazine that it aims to reach a levelized cost of hydrogen (LCOH) of between $1/kg and $2/kg.
Solid-state Li-ion batteries: The next frontier in EV performance
Solid-state batteries are gaining attention as traditional Li-ion batteries pose unique challenges of limited range accompanied by slow charging speed. Solid-state batteries consist of a solid electrolyte, which is sensitive to moisture, mandating a highly controlled manufacturing environment.
Sterling and Wilson Renewable Energy hits unexecuted order value of more than INR 10,500 crore
Sterling and Wilson Renewable Energy’s unexecuted order value has increased to its highest ever at more than INR 10,500 crore with order inflow of around INR 2,050 crore in Q2 FY25.
The clean hydrogen struggle: Can it dethrone gray H2?
Scaling clean hydrogen in legacy sectors is like fighting with one hand tied behind its back. Most producers will stick with what they know—gray hydrogen—until the economics turn decisively in favour of green alternatives. For now, clean hydrogen is stuck playing catch-up, waiting for its moment in the spotlight.
California installs 10 GW of utility-scale batteries
CAISO set a new peak battery discharge record of 8.3 GW on October 9, as the state’s future EIA energy storage queue holds 177 GW of capacity, with 1.9 GW expected added through the end of the year.
JSW Energy signs agreement for supply of 1.5 GW/12 GWh pumped hydro storage capacity
JSW Energy PSP Two has signed an agreement for providing 1.5 GW/12 GWh of pumped hydro energy storage capacity to Maharashtra State Electricity Distribution Co. Ltd.
Torrent Power secures LoA from MSEDCL for 2 GW pumped storage capacity
Torrent Power will provide 2 GW of energy storage capacity from its upcoming intrastate transmission system-connected pumped hydro storage plant being set up in Maharashtra.
Energy storage is a solved problem
There are thousands of extraordinarily good pumped hydro energy storage sites around the world with extraordinarily low capital cost. When coupled with batteries, the resulting hybrid system has large energy storage, low cost for both energy and power, and rapid response. Storage is a solved problem.
SJVN allocates 1.2 GW of renewables-plus-storage capacity at average price of $0.051/kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable renewable energy.
