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Solar, BESS will account for 81 percent of US new generation capacity addition in 2024

The US will add a whopping 62.8 GW of new utility-scale power generation capacity in 2024, and a massive 81 percent of that will consist of solar panels and battery storage, the US...

NineDot Energy secures $225 million in equity financing; new funding to support its battery energy storage projects

NineDot Energy's 5MW/20MWh Staten Island battery storage project

Community-scale battery energy storage system (BESS) provider in the New York City metropolitan area, NineDot Energy secured an additional $225 million in equity capital from its e...

Daily Shorts: Lexus EV with 1,000 km range, Japan and Denmark tie up on offshore wind, and more

Toyota today unveiled a Lexus concept car with almost twice the driving range of conventional EVs. The LF-ZC concept car, based on advanced battery technology that Toyota has been ...

Daily Shorts: France will explore Mongolia for lithium, US EV sales at record high, and more

France struck a deal with Mongolia to explore the country for lithium deposits. The French geological service will spend €400,000 to explore a potentially lithium-rich basin in the...

New York power grid under strain due to slow addition of renewables capacity, warns operator

New York's power grid is straining from the state's rapid electrification and slow transition to renewables, its grid operator New York Independent System Operator (NYISO) warned i...

New York grid records highest output from solar power

New York's grid operator says that for an hour on May 18, solar power accounted for about 20% of its energy mix. Image: Pexels

The grid operator of New York state said on Tuesday that the grid recorded its highest output from solar energy last week. New York Independent System Operator (NYISO) announced th...