Energy Storage

French sodium-ion battery maker Tiamat has raised €30 million ($32.6 million) in equity and debt financing. It will use the funds to launch the construction of a 5 GWh production plant in the Hauts-de-France region.

Hero Future Energies will invest INR 4,000 crore into setting up renewable energy projects, battery energy storage systems, facilities for the production of green hydrogen and its derivatives, etc in the Indian state of Uttar Pradesh.

An international research team has provided an overview of global trends and best practices for hydrogen adoption and investment in Saudi Arabia.

According to the manufacturer, the new Inverter Ducted Split (IDS) Ultra heat pump can provide 100% heating capacity at an outdoor temperature of -15 C and can operate down to – 25 C.

GODI India has signed a memorandum of understanding with the state government of Telangana to set up a 12.5 GWh lithium-ion battery cell manufacturing unit with an investment of INR 8,000 crore in Telangana.

The biggest question for the transition from the conventional practice of electricity generation to 100% eco-clean renewable energy resources is, can we maintain the electricity grid stable every minute of every day? The answer is clearly YES, and it is practical.

Adani Green Energy will set up 1.35 GW of pump storage projects with an investment of over INR 5,000 crore ($601.48 million) in the Indian state of Telangana. Adani Enterprises Ltd (AEL) will also invest over INR 5,000 crore in a 100 MW data centre, powered by renewable energy.

Torrent Power will develop 3,450 MW of solar power projects, 1,045 MW of hybrid power projects, and the solar park infrastructure for a 7 GW solar power project in Gujarat. It will also set up a 100 ktpa green hydrogen/green ammonia production facility in the state.

A number of hydrogen projects are moving forward in the United States, India, Germany and Denmark. In other developments, the German state of Saxony is teaming up with other partners, including the Czech Republic, to set up a hydrogen network in Eastern Europe.

The Gujarat International Finance Tec-City (GIFT City) has partnered with the Indian Gas Exchange (IGX) and Gujarat State Petroleum Corp. (GSPC) to establish a global hydrogen trading mechanism.