Global utility-scale battery capacity rises 12-fold in 2020-24 period
The global capacity of utility-scale batteries increased more than 12-fold between 2020 and 2024 to 124 GW, while average battery costs fell 58% over the period, according to the Electricity 2026 report from the International Energy Agency (IEA).
“We’re ready to support our customers’ energy transition—whether from electrons or molecules”: Thermax executive VP
Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.
India’s 2030 battery gigafactory ambition: Strengths, bottlenecks and solutions
The number of operational battery gigafactories will increase significantly, with more than 30 manufacturing sites expected to be in operation by 2030, targeting a total production capacity exceeding 290 GWh. However, challenges such as raw material and skilled labor shortages, insufficient R&D investment, and a lack of long-term strategic planning remain.
Maxvolt Energy partners IIT Roorkee to develop AI‑driven BMS for energy storage and electric mobility solutions
Maxvolt Energy, a Ghaziabad-based lithium battery pack manufacturer, has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Roorkee to jointly develop an AI‑driven battery management system (AI‑BMS) for next‑generation energy storage and electric mobility solutions.
Adani commits $100 billion to renewables-powered AI-ready data centres
Adani Group has announced an investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centre capacity in India by 2035.
AM Group commences development of 1 GW AI compute facility backed by round-the-clock renewables
AM Group has commenced development of its 1 GW AI and High-Performance Computing data center project in the Indian state of Uttar Pradesh. The facility will be powered by firm and on-demand carbon-free energy at competitive tariffs enabled by renewable generation and pumped storage assets managed through an in-house intelligent cloud energy architecture.
Greenzo Energy, Lord’s Mark Industries to collaborate on 60 MW green hydrogen projects in Uttar Pradesh
Greenzo Energy India and Lord’s Mark Industries have signed a Memorandum of Understanding (MoU) to jointly develop around 60 MW of green hydrogen capacity, along with integrated solar rooftop projects coupled with battery energy storage systems.
Comparing safety profiles of lithium-ion, sodium-ion and solid-state batteries
New research finds that battery safety rankings are not universal but highly dependent on application scenarios, and shows that LFP batteries can emit high levels of hydrogen fluoride, challenging their reputation as the “safest” chemistry.
Powertrac to set up 1 GWh BESS factory
Gujarat-based Powertrac Group has announced an investment of INR 600 crore to establish a 1 GWh containerized battery energy storage system (BESS) manufacturing facility. The facility will focus on lithium iron phosphate (LFP)-based battery pack assembly, along with in-house battery management system (BMS) development and integration.
Can sodium-ion beat Li-ion in portable power? Bluetti Pioneer Na gives it a try
The world of batteries needs alternative chemistries to skirt weaknesses with lithium-ion. Sodium-ion is a big hope, and in portable power, Bluetti’s new product shows promise, and limitations.
