SoliTek launches made-in-Lithuania, high-voltage C&I battery energy storage solution
The new 51.2 kWh modular storage system connects to European wholesale electricity markets such as NordPool and uses artificial intelligence (AI) to track and analyze dynamic tariffs. It offers three-phase backup and is virtual power plant-ready.
China begins building first GW-scale residential VPP
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
India eyes self-reliance in battery cells with lithium recycling push
India could achieve self-reliance in battery cell manufacturing by domestically recycling lithium and reusing it in batteries, an Indian government official claimed this week at a battery manufacturing conference in in New Delhi.
Exide Industries invests $17.2 million in lithium battery plant in India
Kolkata-based Exide Industries has invested INR 1.49 billion ($17.2 million) in Exide Energy Solutions through a rights offering. The investment will support the construction of a greenfield lithium battery plant in Bengaluru, India, in addition to other funding needs.
Bolivia’s YLB signs lithium deals with Russian, Chinese companies
The agreements provide for the installation of carbonate industrial plants in the department of Potosí, which will receive royalties and investments of around $2 billion.
China’s CGN New Energy announces winning bidders in 10 GWh BESS tender
CGN New Energy has selected seven winners from 50 bidders in its 10 GWh battery energy storage system (BESS) tender, with the lowest bid at CNY 0.458/Wh ($63/kWh).
UAE, Italy, Albania announce cross-border green energy cooperation plans
The United Arab Emirates, Italy, and Albania plan to cooperate on gigawatt-scale renewable projects in Albania and a cross-border transmission link to deliver power to Italy.
US bans five Chinese PV firms under Uyghur Forced Labor Prevention Act
Under the Uyghur Forced Labor Prevention Act (UFLPA), the US authorities have banned five Chinese companies from providing products and services in the United States.
European prosecutor probing fraudulent solar scheme in Slovenia
The European Public Prosecutor’s Office (EPPO) is investigating a €340,000 ($349,350) fraudulent scheme allegedly involving two Slovenian companies accused of misrepresenting a solar project to obtain EU funds.
Romania’s Electrica launches solar tenders
Romanian utility Electrica Group has launched two solar tenders, including a 62.5 MW project open for applications until Jan. 31 and a 77.6 MW project open until Feb. 17.
