EV manufacturers’ wishlist for Union Budget 2023–24
Electric vehicle (EV) and component manufacturers seek a uniform 5% goods and service tax (GST) for all EV spare parts. They also want the scrapping of import duty on lithium-ion battery cells and policy support for battery recycling.
Delhi can achieve 100% renewables by 2050
The energy system in Delhi can transform from being heavily based on coal, biomass for cooking, and fossil gas in 2020 towards completely based on solar PV and renewable energy imports from neighboring states by 2050, as solar PV emerges as the least-cost energy source, according to researchers from LUT University.
Battery energy storage in 2022
Battery swapping, solid-state batteries, second-life batteries, evolution from lithium to novel chemistries, and Cloud-based battery management system were the key trends in battery energy storage during the year.
Larsen & Toubro lands power EPC job for green hydrogen plant in Saudi Arabia
The Indian multinational EPC contractor has secured the power grid and power generation works for the 600 tpd green hydrogen plant being built by NEOM Green Hydrogen Co. in Saudi Arabia.
Neuron Energy to invest INR 50 crore in lithium battery pack business
The Mumbai-headquartered lithium battery manufacturer plans working capital finance of INR 35 crore and equity investment of INR 15 crore to increase production capacity and fulfil orders from large OEMs.
Servotech to install solar-plus-storage carport with EV charging at MNRE premises
Servotech Power Systems will deploy a 5 kW solar carport paired with lithium battery storage and two 11 kW DC fast EV chargers at the Ministry of New and Renewable Energy’s (MNRE) premises in Delhi.
Ayana, NTPC win MSEDCL’s renewables-plus-storage tender
The tender for 250 MW of flexible and schedulable power from renewable sources with energy storage drew the lowest bid of INR 9 ($0.11)/kW.
US to deploy 30 GW/111 GWh of grid-scale energy storage by 2025
The US energy storage market hit an inflection point in 2020. The Energy Information Administration expects the deployment of grid-scale storage to pick up over the next three years.
Greenko wins tender for 3 GWh of energy storage
The developer has won NTPC Renewable Energy Ltd’s tender for 3 GWh of energy storage capacity. Its pumped storage bid was the lowest in the technology-agnostic tender that saw participation from multiple technologies.
Australia’s Cavendish Renewable signs hydrogen electrolyzer agreement with Adani arm
The Melbourne-based electrolyzer specialist has signed a technology development and licensing agreement with Adani New Industries Ltd.
