SoftBank Group Corp.’s massive Vision Fund is making its first-ever energy storage bet -- and it’s on a rather unconventional type of battery. The fund, created by Japanese tech giant SoftBank Group Corp., is investing $110 million in Energy Vault, a Swiss startup that’s using cranes and conc... Read more

The world’s largest technology investor, SoftBank’s Vision Fund, has made its first investment in an energy storage company, betting US$110 million on Swiss start-up Energy Vault. The US$100 billion SoftBank Vision Fund has invested in technology companies like Uber, Grab, DoorDash, Slack and W... Read more

A former Navy prosecutor turned Montana-based clean energy developer wants to build the first pumped hydro storage facility the U.S. has seen in years. Battery installations are growing at a steady clip, but good old pumped hydro storage, which lifts water into elevated reservoirs for later use in ... Read more

Battery storage assets were called into action last week after the UK suffered country-wide power outages following a transmission system stress event. Last Friday evening (9 August 2019), two large generators were disconnected from the UK’s power system almost simultaneously, effectively taking ... Read more

With an eye on pollution-free transportation, the Delhi Electricity Regularity Commission (DERC) has reduced rates charging stations from e-rickshaws and other electric vehicles. Low-tension e-vehicle users (those who charge at home) will pay Rs 4.5 per kW instead of Rs 5.5, while high-tension users... Read more

With electric mobility and electric vehicles (EVs) becoming buzzwords in the automotive world, both globally and more recently in India, it is not surprising that the EV Conclave, organized by International Centre for Automotive Technology (iCAT) in association with India Energy Storage Alliance (IE... Read more

India had set a target of 175 GW renewable energy capacity by 2022 and has already installed 80 GW and is set to exceed the target, the Ministry of New & Renewable Energy noted in the latest update. India is among the countries with the largest production of energy from renewable sources. As of ... Read more

The Department of Heavy Industry has sanction 5,595 electric buses for 64 cities under the FAME India scheme’s second phase to give a further push to clean mobility in public transportation, according to an official statement released on Thursday. These buses will run about 4 billion kilometers d... Read more

In a further boost to Prime Minister Narendra Modi’s ambitious renewable energy mission, another renewable energy storage tender has been floated by the government. The tender comes with a special clause that may lead to reduced tariff bids and attractive purchase rates for the buyers, Solar Energ... Read more

The Minister of State for Heavy Industries and Public Enterprises, Arjun Ram Meghwal said that the Electric Mobility Mission will be implemented in phases based on feedback from the auto industry. He also promised all support to the industry on policy matters to ensure the smooth and efficient trans... Read more

The conclave will focus on topics such as electric vehicle (EV) market, policy, and tender overview, charging infrastructure and battery swapping, as well as EV battery validation, approval, testing, and certification. It will be followed by ICAT lab visit to see battery validation and electric vehi... Read more

Toyota's first dedicated vehicle for the 2020 Olympic and Paralympic Games in Tokyo isn't a flying car, but it shows promise. The automaker today unveiled the APM (Accessible People Mover), an all-electric vehicle it designed especially for next summer's event. The open-air, three-row vehicle can re... Read more