“Overall we are very happy with the direction of the budget,” says Dr Rahul Walawalkar, president of the India Energy Storage Alliance (IESA).

Singapore-based VFlowTech has raised a US$10 million Series A to set up a manufacturing facility and scale up production of its 250kWh vanadium flow battery product.

India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said.

The Q4 2022 edition of our downstream solar journal, PV Tech Power, includes comprehensive coverage of efforts to diversify the supply chain.

A UK company has received funding to explore potential sites in India for demonstration of its proprietary gravity energy storage technology.

Greenko will provide 1,500MWh pumped hydro energy storage in India to back Serentica Renewables’ round-the-clock renewable energy offering.

Pumped hydro energy storage (PHES) is one of the strongest candidates for long duration energy storage. As the UK’s energy demand increases, it is becoming paramount to have sufficient levels of renewable energy storage available to cater for this.

Riyadh-based Tdafoq Energy will distribute Indian firm Delectrik Systems’ vanadium redox flow battery products in Gulf Cooperation Council (GCC) markets and set up a manufacturing facility in Saudi Arabia.

The Solar Energy Corporation of India (SECI) is seeking proposals for non-battery energy storage projects to supplement renewable energy generation, and will cover up to 100% of project costs.