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BATTERY ENERGY SOLUTIONS
HEG demerger to take effect on September 1; record date fixed for September 7HEG will implement its demerger from September 1, creating separate listed companies for graphite electrodes and advanced materials. Septem...
In 2025, Mowi launched Chile’s first floating-solar salmon farm. 1 year later, solar and batteries cover 57% of its power needs and are expected to cut diesel use by 36,750 gallons a yearA salmon farm in southern Chile now uses floating solar panels and batteries. This system supplies approximately fifty-seven percent of the...
This US company is repurposing old EV batteries in Nevada to power AI data centres. This could solve one of AI’s biggest problemsA new trend is emerging as retired electric vehicle batteries are repurposed to fuel artificial intelligence data centres. Retaining consid...
Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concernsSouth Korean shares fell over 1% on Monday, dragged by a sharp decline in Samsung Electronics after its latest shareholder return plans dis...
Need to scale storage capabilities amid growing RE capacity: Industry expertsIndia's renewable energy growth demands more storage systems now. Domestic battery manufacturing capacity remains very low compared to futu...
IIT Delhi engineer develops fridge that runs without truck engine, cuts cooling costs by 75%A post on X has highlighted Yotuh Energy, a company co-founded by IIT Delhi biotechnology graduate Shaivee Malik, which has developed a bat...
A Manhattan office building began freezing water at night; the stored ice now helps cool it during peak summer demandIn the heart of Manhattan, Eleven Madison Avenue has adopted an innovative cooling method utilizing an ice battery. This system freezes wat...
One of a Kind Awards: Honouring AI that solves problems beyond the hypeAt the One of a Kind Awards - for early stage startups, presented by The Economic Times and Cashfree Payments, the AI Innovator Award recog...
Bain Capital looks to drive into JBM Auto’s EV business with $300 mn betBain Capital seeks significant minority or joint control in JBM Auto's electric vehicle manufacturing unit. The company, among the largest ...
Global Market: South Korean shares surge 6% as chip stocks reboundSouth Korean shares surged over 6%, led by chipmakers SK Hynix and Samsung Electronics, after a steep previous-session selloff. The KOSPI t...
In 2025, U.S. researchers developed an air-conditioning system that stores cooling in a salt solution; a Miami simulation projected a 93% cut in peak electricity demandInnovative air conditioning technology now harnesses the power of saltwater solutions to store energy. Developed by researchers at NREL, th...
In 2023, scientists built a rooftop tile that opens its cooling vents when hot and closes them when cold, using no electricity and cutting cooling costs 3.1-foldInnovative engineers have created high-tech roof tiles that adjust themselves to optimize building temperatures automatically. By utilizing...
Global Market: Kospi extends winning streak to six sessions, jumps over 2% on chip gainsSouth Korean shares surged 2.73%, extending gains for a sixth session as chipmakers rallied on optimism over AI demand. Samsung Electronics...
Elon Musk says AI is hitting an energy wall—his 5-word solution changes everythingElon Musk highlighted artificial intelligence efficiency, focusing on intelligence per joule. This metric addresses the growing energy dema...
Ola Electric unveils Shakti energy storage portfolio for homes, businesses and gridsOla Electric celebrated India's Independence Day with the introduction of its Shakti energy storage series. This groundbreaking lineup inco...
Octopus Energy pays UK households nearly £100m for spare solar power as heatwaves drive 34% surge in solar installation demandUK households have made nearly one hundred million pounds from selling solar power, as Octopus Energy customers have reported collective ea...
Hinduja Group commits Rs 2,500 cr investment in Tamil NaduHinduja Group plans a significant Rs 2,500 crore investment across its Tamil Nadu businesses. This includes renewable energy projects and e...
Global Market: SK Hynix, Samsung lead South Korea stocks higher on AI boostSouth Korean shares surged, with the Kospi rising 3.73% to a three-week high, led by chipmakers SK Hynix and Samsung Electronics. Gains fol...
Ola Electric gets revised ACC PLI timeline, eyes Rs 7,240 crore incentive payout through 2031Ola Electric's subsidiary received revised timelines for the ACC PLI scheme. This approval secures a full five-year incentive window throug...
Indofast, GLIDA to set up 100+ battery-swapping stations across IndiaIndofast Energy and GLIDA will co-locate battery swapping stations at charging sites. They aim to establish fifty sites with over one hundr...