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Energy Storage

Ocior Energy to build green hydrogen, ammonia plants in Andhra Pradesh and Gujarat

Ranjit Gupta-led Ocior Energy has committed a cumulative investment of INR 80,000 crore to build two green ammonia facilities of 1mtpa each in Andhra Pradesh and Gujarat. 

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Jammu and Kashmir may hold lot more lithium resources than 5.9 million tonnes

The Geological Survey of India (GSI) proposes further exploration activities to estimate the value of lithium in Jammu and Kashmir.

NTPC REL seeks consultant for green ammonia feasibility studies

NTPC Renewable Energy Ltd (NTPC REL) is enlisting technical consultants for green ammonia feasibility studies. Both domestic and international agencies can apply. The enlisted consultants will be awarded the study project following competitive bidding.

Fraunhofer ISE, Viessmann develop multi-source residential heat pump

Fraunhofer ISE has presented the results of retrofit heat pump installations in multi-family homes in Germany. One demonstrator featured rooftop solar PV and a multi-source heat pump developed in partnership with Viessmann. It uses air and geothermal as heat sources.

Study shows symbiotic effect of heat pumps and residential solar

SolarPower Europe says in a new report that households in Germany, Spain, and Italy can more than triple their savings by pairing PV with heat pumps. It said this combination helped families to save between 62% and 84% on their annual energy bills in 2022.

Thermax enters green hydrogen market in partnership with Australia’s Fortescue Future Industries 

Pune-based Thermax has partnered with Australia’s Fortescue Future Industries to explore opportunities for the joint development of fully integrated green hydrogen projects for commercial and industrial customers in India. They also contemplate collaborating on electrolyzer and subsystem manufacturing facilities to support green energy projects in India.

Adani to develop 15 GW of renewable energy projects in Andhra Pradesh

Adani Group has committed to building 15 GW of renewable power projects in Andhra Pradesh, while Reliance announced its 10 GW solar plans for the state. Avaada, Greenko, Indosol, and ReNew have also pledged massive investments into the state’s renewables sector.

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Greenko raises $700 million in equity funding for pumped storage projects

The Hyderabad-based developer will use the amount towards the capital expenditure of more than 25 GWh of pumped storage projects.

New thermal battery offers fast, efficient performance at low cost

US engineers have built a scalable thermal energy storage prototype system that combines the best latent and sensible heat transfers. The technology, which is now market-ready after three years of testing, consists of engineered cementitious materials and thermosiphons in a combination that enables fast, efficient thermal performance at low cost.

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Essar to invest $3.6 billion in energy transition in the UK and India

Essar has formed Essar Energy Transition (EET) that will focus on investing in hydrogen, decarbonization, new energy infrastructure, and biofuels. EET plans to invest $3.6 billion in developing low-carbon energy transition projects in the UK and India over the next five years.

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