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Energy Storage

Australian solar park could generate hydrogen for less than $2/kg

A new study shows that hydrogen could be produced for as little as AUD 2.85 ($1.98) per kilogram, supporting Frontier Energy’s plans to make green hydrogen from a 500 MW solar project it is developing in Western Australia.

Ohmium and Spirare collaborate with NTPC for green hydrogen project

NTPC, India’s largest power utility, will use Ohmium’s PEM electrolyzer for green hydrogen generation at its NETRA campus. Delhi-based Spirare Energy will provide EPC services for the plant.

World’s largest underground hydrogen storage project

Mitsubishi Power Americas and Magnum Development are set to begin construction on a 300 GWh underground storage facility in the US state of Utah. It will consist of two caverns with capacities of 150 GWh, to store hydrogen generated by an adjacent 840 MW hydrogen-capable gas turbine combined cycle power plant.

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Global energy storage deployment may hit 500 GW by 2031

Wood Mackenzie said it expects the United States and China to represent 75% of global energy storage demand in a highly consolidated market.

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India may fall behind its 2030 EV sales forecast

A new report says India will have only 50 million electric vehicles (EVs) on road by 2030 despite a ramp-up in domestic manufacturing, falling behind by 40% on the cumulative sales projections by NITI Aayog. It also recommends policy measures to improve India’s chances of realizing 80 million EV sales by 2030.

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NTPC launches tender for 1.15 GW solar, 150 MW/150 MWh battery storage in Cuba

NTPC, as a project management consultant to Unión Eléctrica de Cuba (UNE), has launched bids to develop 1.15 GW of grid-connected solar and 150 MW/150 MWh battery storage projects in Cuba. The prospective developer will execute the project on a ‘build-own-operate-transfer’ basis and transfer to UNE after 25 years.

TERI draws up roadmap to India’s 2030 renewable energy goal

A new report by The Energy and Resources Institute (TERI) examines the challenges before India in achieving its ambitious target of having 500 GW non-fossil fuel capacity and meeting 50% of its energy requirements from renewables by 2030. It also discusses feasible pathways for achieving these.

ONGC partners Greenko to make green hydrogen

India’s largest crude oil and natural gas company has signed an agreement with renewables major Greenko to undertake renewable energy, green hydrogen, and green ammonia projects jointly. 

Triton EV to manufacture hydrogen-run two-wheelers and three-wheelers in India

New Jersey-headquartered Triton Electric Vehicle, which plans to make electric cars in India, will also roll out hydrogen-run two-wheeler and three-wheeler EVs from its plant in Gujarat.

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India will have 125 GWh of lithium batteries ready for recycling by 2030   

India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.

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