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Energy Storage

IESA launching India Electric Mobility Council

India Electric Mobility Council will work with the government and various stakeholders to address the barriers to EV adoption. Focus areas also include safety & standards, charging infrastructure development, battery swapping, and V2G mechanism for India.

Husk Power secures $750,000 to expand solar microgrid business in Nigeria and India

Bihar-based Husk Power Systems has secured $750,000 in debt to build eight new community solar microgrids in Nigeria and expand operations in India.

HPCL, NTPC sign MoU on renewable energy and storage

Hindustan Petroleum Corp. Ltd and NTPC Green Energy Ltd will collaborate in renewable energy, energy storage, round-the-clock (RTC) power, electric mobility, and solar-wind value chain projects.

Madhya Pradesh to promote pumped hydro storage projects 

Madhya Pradesh chief minister Shivraj Singh Chouhan said that pumped hydro storage projects will be encouraged under the Madhya Pradesh Renewable Energy Policy 2022. The sites for these projects will be allotted based on a competitive tender process.

India approves National Green Hydrogen Mission

The Union Cabinet has approved the National Green Hydrogen Mission with an initial outlay of INR 19,744 crore ($2,385 million). The Mission aims to make India a global hub for the production, utilization and export of green hydrogen and its derivatives.

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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.

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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.

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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.

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