Private equity fund SoftBank Vision Fund has officially signed off on a Memorandum of Understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.
State-run coal mining and power firm NLC India has auctioned a 20MW solar PV project to be combined with 28MWh of energy storage capacity in the Andaman and Nicobar Islands.
India-based promoter of decentralised power Clean Energy Access Network (CLEAN) has issued a request for proposal (RfP) for lithium-ion technology providers to show how their solutions can aid mini grid and distributed renewable energy development in India.
Finland-based power firm Wärtsilä, which is active in the renewable energy and energy storage markets, plans to enter the Indian energy storage market, citing “looming” grid management challenges in the country.
Indian prime minister Narendra Modi has launched a new programme to electrify every willing household in the country by 31 December 2018, using solar, energy storage batteries and LED lighting.
India’s Central Electricity Authority (CEA) is debating how and whether to introduce a mandate for solar and wind projects above a certain size to be coupled with energy storage.
The secretary of India’s Ministry of New and Renewable Energy (MNRE) Anand Kumar has stressed the importance of energy storage to the overall renewables sector and invited industry to come and set up battery manufacturing in India.
Officials from 56 Muslim-majority nations have come together to pledge new climate-related technology goals that included promoting microgrids, energy storage and renewable energy targets.
India’s Ministry of New and Renewable Energy (MNRE) has issued a new order seeking to improve the quality of components in the solar sector, including batteries to be used for stationary energy storage.
