With battery storage such a crucial aspect of the energy transition, lithium-ion (li-ion) batteries are frequently referenced but what is the difference between NMC (nickel-manganese-cobalt), LFP (lithium ferro-phosphate), and LTO (lithium-titanium-oxide) devices and their underlying chemistry?
NTPC Green Energy Ltd (NGEL) will collaborate with Nayara Energy, an oil refining and marketing company, to produce green hydrogen for Nayara Energy’s captive usage.
As solar energy becomes the most cost-effective form of energy generation in many countries, with clear climate, energy, and economic benefits, its acceptance and political support are growing. To enhance resilience and sustainability, strategies that incorporate a diverse energy mix, combining centralized and distributed renewable generation, are most effective, especially in underserved nations.
Sao Paulo-based Clean Energy Latin America says green hydrogen could be produced in Brazil at a levelized cost of hydrogen (LCoH) of $2.87 and $3.56 per kg in some strategic locations.
A new analysis shows sales of electric vehicles (EVs) in India in the first eight months of 2023 has already reached the annual sales volumes for 2022. It also reveals only a handful of states are driving the electric mobility adoption.
Through the viability gap funding (VGF) scheme, the Indian government targets the development of 4 GWh of battery energy storage systems (BESS) by 2030-31. The selection of BESS developers for VGF grants will be carried out through a transparent, competitive bidding process.
Jakson Green has won utility-scale renewable EPC projects in West African, the Gulf Cooperation Council (GCC), and Commonwealth of Independent States (CIS) countries, in addition to significant solar contracts in Madhya Pradesh and Gujarat.
The Indian government is considering financial incentives such as viability gap funding and green finance to encourage the adoption of energy storage systems in the country. It may also issue an Approved List of Models and Manufacturers (ALMM) mandate for battery storage systems for power sector applications.
Acwa Power and Eni have signed a hydrogen development deal, while AFC Energy has signed an agreement with Tamgo to sell hydrogen generators.
The global flow battery market will expand from $289 million in 2023 to $805 million by 2028, driven by increasing investments in renewable energy and flow batteries’ advantages over conventional products.
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