Enercap, located in the UAE, has received a $20 million investment from a US corporation

Burkhan International Development Corporation (BIDC), a US-based firm, announced a $20 million investment in the UAE-based Enercap Holdings (Enercap), the holding company behind the creation, development, production, and commercialization of Supercap Energy Storage.

The investment by BI...

10 GW HYBRID RENEWABLE POWER PROJECTS COMING TO LADAKH

HIGHLIGHTS

• Indian governments want to tap into renewable power projects potential of Ladakh due to its height.
• 10 GW hybrid renewable power projects are going to start in Ladakh very soon.
• Land identification activities and preparation of D...

UNITED KINGDOM URGED FOR CUTTING VAT ON THE HOME ENERGY STORAGE

Highlights:

• The United Kingdom have been urging for cutting the VAT on the home energy storage
• The home energy storage industry storage has been calling for a reversal in the decision for the increase in VAT

According to a partnershi...

The decade of batteries: how energy storage will revolutionize industries over the next 10 years

In 2010, our phones and computers were powered by batteries. Over the last ten years, an increase in lithium-ion battery output has lowered prices to the point that electric vehicles have become commercially viable from the point of view of both cost and performance, for the first time in history...

Launch of Salt Caverns to transform renewable energy storage in the US

US has announced a new project to store energy. Advanced Clean Energy Storage is launched in Utah. The project is a product of a consortium of partners, including Mitsubishi Hitachi Power Systems. It has been designed to store energy in a salt cavern. According to reports, the $1bn project will b...