A new report says solar-plus-energy storage will become an attractive investment option for commercial consumers in India as early as 2023 for electricity bill reduction. For high-tariff paying residential consumers, the system will reach grid parity post-2027. The report findings are based on the levelized cost analysis of solar-plus-energy storage systems for consumers in the Indian State of Tamil Nadu.
The state-run oil and gas major will set up a green hydrogen plant at its Mathura refinery in the Indian State of Uttar Pradesh. The green hydrogen will replace carbon-emitting fuels used in the refinery to process crude oil into value-added products such as petrol and diesel.
The Solar Energy Corporation of India (SECI) shall sign a 25-year power purchase agreement with the successful bidders for these energy storage system projects. The projects are to be set up on a build-own-operate basis.
Sax Power has developed a new residential battery which it describes as a game-changer in the battery technology.
The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
Indian manufacturer Vision Mechatronics has deployed a lithium-lead-acid hybrid battery storage system coupled with a rooftop solar plant at Om Shanti Retreat Centre (ORC) in the State of Haryana. The 1MWh storage system uses a combination of 614.4 kWh Lithium batteries with a 480kWh tubular-gel lead-acid battery.
Tata Power owns an expansive network of over 500 public electric vehicle chargers in 100+ cities across India. Partnering with HPCL allows it to further expand its base in line with the Indian government’s National Electric Mobility Mission Plan to promote electric mobility.
Sonnen has published test results indicating the longevity of its storage systems after extended use.