Driving renewable energy adoption: Challenges and opportunities
India’s robust economic growth translates to rising demand for energy. This demand provides a substantial market for renewable energy investments, encouraging firms to venture into this sector. However, as the nation marches ahead in RE adoption, it needs to overcome challenges like high capital costs and inadequate grid infrastructure.
NTPC starts trial run of hydrogen bus in Leh
The first-of-its-kind green hydrogen mobility project at 11,562 feet will harness green hydrogen using renewable power from a co-located, dedicated solar plant of 1.7 MW.
Solar-powered islands? The story of Diu and T’au
The solar-powered islands of Diu and T’au have set an example for other such land masses to meet their power requirements through green energy.
Combining PV with pumped hydro storage in open-cast coal mines
Indian scientists have suggested building pumped-hydro storage systems connected to solar plants using mines as the lower reservoir and nearby rivers as the upper reservoir. They claim that the proposed combination may reach a levelized cost of energy of $0.2693/kWh.
Biwatt unveils new residential sodium-ion batteries
Biwatt Power, a Chinese manufacturer, has developed new residential sodium-ion batteries with an efficiency rate of 97% and a projected lifespan of more than 3,000 cycles.
Servotech to set up EV charger manufacturing plant in Uttar Pradesh
Servotech Power Systems will invest around INR 300 crore ($36.2 million) to set up an electric vehicle (EV) charger manufacturing facility with backward integration in the state.
Vena launches plan to support solar, storage ‘megaproject’ in Indonesia
Singapore-based developer Vena Energy says it will investigate opportunities to make solar panel components and battery energy storage systems in Indonesia, in order to support a hybrid megaproject with up to 2 GW of solar and more than 8 GWh of energy storage.
India needs 60-100 GW of electrolysis capacity to meet 5 MMT per year green hydrogen target
India’s National Green Hydrogen Mission targets the development of 5 million metric tonnes of green hydrogen production capacity per annum by 2030, which would require the nation to install 60-100 GW of electrolyzer capacity.
BPCL targets EV charging facility at 7,000 fuel stations by December next year
Bharat Petroleum Corp. Ltd plans to convert 7,000 of its fuel stations into complete energy stations by equipping them with electric vehicle charging facilities by Dec. 2024.
Solar, storage, and V2G at the core of Israel’s future energy system
New research has shown that Israel has the technical potential to deploy 172.5 GW of photovoltaics, of which 132.1 GW would be from conventional installations and 40 GW from agrivoltaics. If deployed, this full potential would require energy storage with a capacity of at least 500 GWh and strong development of vehicle-to-grid technologies.
