Researchers at the International Advanced Research Centre have developed a high-performance thermal battery material that significantly enhances heat energy storage at a lower cost. By incorporating 1% spinel oxide nanoparticles into a phase change material, the new nanocomposite increases specific heat capacity by 45%, benefiting concentrated solar power plants and waste heat recovery systems.
SWELECT Energy Systems Limited is set to invest up to USD 500,000 in Comstock BESS LLC to enter the US grid-scale battery energy storage market. This strategic move, approved by its Board of Directors, aligns with SWELECT's goal to expand in the global clean energy sector, leveraging growing demand for renewable energy solutions.
As renewable energy expands, balancing electricity supply and demand is increasingly complex. Demand Response (DR) empowers consumers to adjust their electricity usage based on grid conditions, using smart technologies. This enhances flexibility, reduces peak demand, and optimises efficiency, making DR essential for a resilient, cleaner power system.
Bangladesh is collaborating with SCOP to enhance climate finance by streamlining funding for renewable energy projects. This partnership aims to standardize documentation and improve project proposals, making investments less risky. SCOP will also facilitate green bonds and capacity-building for local expertise, ultimately fostering a transparent green finance ecosystem to attract international investment.
Sri Lanka Clean Energy Week 2026 is set for August 21, 2026, at Hotel Marino, Colombo, uniting over 200 industry leaders to discuss the country’s renewable energy transition. The event will feature panels on solar energy, grid modernization, and electric mobility, fostering partnerships and exploring investment opportunities within the clean energy sector.