A new report from GTM Research investigating the US market for energy storage management systems has concluded that the market should grow tenfold between 2014 and 2019, reaching $136 million by 2019. Energy storage management systems, those software suits that are designed to increase a storage sy... Read more
Revenue from energy storage technology is expected to exceed $21 billion annually by 2024, according to a new report from Navigant Research, which analyzed the market out over the next decade. The report is one in a line published by Navigant looking forward across the next decade to determine a cl... Read more
At present, solar power tariff is about Rs 6-7 per unit Centre is working on innovative measures, which will help in cutting down the cost of solar power by 25-35 per cent to Rs 4.50 per unit by December 2015. "You will see solar power in this country at Rs 4.5 per unit," Power, Coal and New and Re... Read more
Piyush Goyal says NDA aims to supply power at affordable rates, double power generation to 2 trillion units by 2019 This email address is being protected from spambots. You need JavaScript enabled to view it." border="0" alt="NITI Aayog making a blueprint to tackle India’s energy woes" width="494... Read more
The first grid-connected hybrid flywheel project in Europe was recently announced by Ireland’s Minister of State at the Department of Jobs, Enterprise and Innovation. SchwungradEnergie Limited, an Irish company, is behind the project and will collaborate with the Dept. of Physics and Energy at the... Read more
"By building a manufacturing facility in India, we are trying to bring down the cost of charging," Ritsaart Montfrans said. The electric vehicle industry is kicking off the new financial year with a fresh start as investments, both from the industry as well as the government, start to pour in. ... Read more
Energy financing arm of General Electric to partner with Japanese power plant developer Pacifico Energy on construction of the plant, in the prefecture of Miyazaki. GE Energy Financial Services – the energy and power financing arm of General Electric – has announced it is to partner on the deve... Read more
If Schweitzer Engineering Laboratories’ manufacturing plant loses power during an outage, the company can turn to huge batteries on its campus for electricity. The batteries could supply enough power to run most of the factory’s operations for about three hours. A crowd of dignitaries, inclu... Read more
With rising electricity prices one of the biggest issues facing households, Griffith University (Australia) research into energy storage and supply holds the promise of cheaper, better quality power for the low voltage (LV) electricity distribution network.According to the research from Griffith's S... Read more
Greensmith, a leading provider of grid-scale energy storage software and integration solutions, today announced the addition of two new applications to its GEMS4 software technology platform. The new StorageModel™ andStorageView™ applications offer advanced simulation and visualization capabili... Read more
UP, Karnataka, Andhra Pradesh, Goa, Gujarat and West Bengal strengthening their transmission and distributionWith states gearing up to modernise power distribution, thetransmission infrastructure is set to undergo an overhaul. At least five major states with highest power consumption in the country... Read more
South Korea's LG Chem said it had been picked by Daimler AG as the sole battery supplier for the automaker's new range of Smart electric vehicles, which will be launched in 2016. LG Chem did not disclose the value or volume of the deal, but said EVs account for a small portion of about 100,000 ... Read more