NTPC Green Energy Ltd and Oil and Natural Gas Corp. Ltd (ONGC) have signed an agreement to collaborate in various areas of renewable energy (including energy storage, green hydrogen and its derivatives) in India and overseas.
Already 5.8 million tons of green hydrogen manufacturing capacity is in different stages of installation in India, said power minister R.K. Singh at a summit in New Delhi recently.
Germany advanced its hydrogen ambitions this week with a fresh call for the International Green Hydrogen Promotion Program in Latin America, a collaborative deal with the UK government, and a tie-up between DHL and Sasol for sustainable aviation fuels based on green hydrogen (eSAF).
Shyam Metalics’ entry into battery-grade aluminum foil at scale will support domestic Lithium-ion battery production.
Exide Energy is setting up 6 GWh of lithium battery capacity initially, including 3 GWh for lithium nickel cobalt manganese oxide (NCM) and lithium iron phosphate (LFP) cells each. It plans to scale it to 12 GWh in the near future.
Honeywell purchased $27.5 million in ESS common stock and intends to purchase $300 million in ESS product, with $15 million prepaid. The collaboration enables Honeywell to integrate ESS technology into its global offering, and ESS gains license to Honeywell’s flow battery intellectual property.
To decarbonize the grid, India needs to add 40-50 GW of grid-scale renewable energy (solar and wind) capacity every year for the next few decades and phase out coal.
NTPC Green Energy Ltd and Syama Prasad Mookerjee Port have signed a memorandum of understanding for the development of a green hydrogen hub at the Kolkata port.
The battery packages include a battery, an inverter and a control system. The US manufacturer claims its storage systems have a lifespan of over 10,000 cycles and a depth of discharge of 80%.
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