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Energy Storage

Birla Carbon to launch energy storage solutions

The carbon black solutions manufacturer will launch its Conductex i and Conductex e range of products for lithium ion and lead acid battery applications at The Battery Show Europe 2021. With this launch, it aims at reaching out to energy storage market customers in Europe and globally.

Ohmium ships its first ‘made in India’ hydrogen electrolyzer to USA

USA-headquartered Ohmium International, through its subsidiary in India, manufactures modular-interlocking proton exchange membrane (PEM) electrolyzers for hydrogen production. The company aims to make India a nucleus for global hydrogen-based green energy solutions with R&D centers in Silicon Valley (USA) and Bengaluru (India).

Round-the-clock tenders can help India meet demand for firm renewable power

A report has stated the renewable-plus-fossil fuel model is the best short term option to meet the assured supply conditions in the Solar Energy Corporation of India’s round-the-clock power tenders. Further out, as the cost of batteries decline, that technology is likely to become the most viable option for providing critical, non-intermittent power.

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TVS Motor commits US$161.2 million of electric vehicle investment in Tamil Nadu

The company has signed a memorandum of understanding with the state government to invest INR 1,200 crore for the design, development and manufacturing of new products and capacity expansion in the electric vehicles space.

UK business claims to offer ‘world’s most sustainable lithium-ion battery’

English manufacturer Aceleron claims every component of its devices can be accessed for replacement, repair or recycling, with the business’ co-founder stating the aim is to ensure ‘100% of the materials in our batteries will continue to be used for as long as possible – preferably forever.’

Renew Power wants to set up 50 kiloton green hydrogen plant in Madhya Pradesh

The renewable energy developer is ready to invest INR 18,000 crore (US$ 2414.29 million) in setting up a 50 kilotonne per annum green hydrogen production plant in the State. 

The energy storage decade has arrived, BNEF says

Falling battery costs and “surging” renewables penetration make energy storage a “compelling flexible resource in many power systems.”

Up to code for decarbonization

The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance.

Power Global lithium batteries to drive Rap Eco Motors’ 50,000 EVs

The US-based startup, which has a battery production plant in Greater Noida, has landed a deal to supply its swappable lithium-ion battery technology to Hyderabad-based Rap Eco Motors.

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India will require over US$ 10 trillion to achieve net-zero by 2070

Out of this, investments totaling US$ 8.4 trillion would be needed by the power sector alone to significantly scale up generation from renewable energy and associated integration, distribution and transmission infrastructure. Another US$ 1.5 trillion would have to be invested in the industrial sector for setting up green hydrogen production capacity to advance the sector’s decarbonization. Investment needed for the mobility infrastructure would be US$ 198 billion.

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