Hindalco will provide up to 2,000 tons of battery foil to C4V for lithium-ion cells, over a five-year period.
A new report by IEEFA and JMK Research says energy storage systems are poised to attract the highest investment of all emerging renewable energy sectors this decade, concurrent with the increasing penetration of renewable energy in the nation’s electricity grid.
Ark Energy’s 275 MW/2,200 MWh lithium-iron phosphate battery to be built in northern New South Wales has been announced as one of the successful projects in the third tender conducted under the state government’s Electricity Infrastructure Roadmap. The Richmond Valley Battery Energy Storage System will likely be the biggest eight-hour lithium battery in the world when it is completed.
KPIT, an India-based automotive software and engineering solutions supplier, has unveiled its proprietary sodium-ion battery technology, and is now on the lookout for manufacturing partners. Ravi Pandit, chairman of KPIT, tells pv magazine, that that the company has developed multiple variants with energy density ranging from 100 Wh/kg to 170 Wh/kg, and potentially reaching 220 Wh/kg.
The government’s production-linked incentive (PLI) scheme for electrolyzer manufacturing has received an overwhelming response with bids received for 2.28 times the capacity to be awarded.
Aether Industries has announced entry into the electrolyte additives and battery space after a substantial contract signed with an undisclosed lithium-ion battery producer.
RK Singh, union minister for power and new & renewable energy, stated recently that the dependence on coal-based generation is likely to continue till cost-effective energy storage solutions are available.
PreussenElektra has revealed plans to potentially develop Europe’s largest battery storage facility at the decommissioned Brokdorf nuclear power plant site in Germany, with 800 MW/1,600 MWh of capacity. The site operator now needs to secure approval to dismantle the nuclear plant.
Petronas arm Gentari and Japan’s IHI have signed a Memorandum of Understanding (MoU) to jointly develop a global green ammonia value chain and commercial demonstration of ammonia-powered gas turbine.
Sterling and Wilson Renewable Energy’s INR 1,500 crore ($180 million) qualified institutions placement issue received an overwhelming response from both domestic mutual funds and marquee global foreign institutional investors.
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