UK business claims to offer ‘world’s most sustainable lithium-ion battery’
English manufacturer Aceleron claims every component of its devices can be accessed for replacement, repair or recycling, with the business’ co-founder stating the aim is to ensure ‘100% of the materials in our batteries will continue to be used for as long as possible – preferably forever.’
Renew Power wants to set up 50 kiloton green hydrogen plant in Madhya Pradesh
The renewable energy developer is ready to invest INR 18,000 crore (US$ 2414.29 million) in setting up a 50 kilotonne per annum green hydrogen production plant in the State.
The energy storage decade has arrived, BNEF says
Falling battery costs and “surging” renewables penetration make energy storage a “compelling flexible resource in many power systems.”
Up to code for decarbonization
The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance.
Power Global lithium batteries to drive Rap Eco Motors’ 50,000 EVs
The US-based startup, which has a battery production plant in Greater Noida, has landed a deal to supply its swappable lithium-ion battery technology to Hyderabad-based Rap Eco Motors.
India will require over US$ 10 trillion to achieve net-zero by 2070
Out of this, investments totaling US$ 8.4 trillion would be needed by the power sector alone to significantly scale up generation from renewable energy and associated integration, distribution and transmission infrastructure. Another US$ 1.5 trillion would have to be invested in the industrial sector for setting up green hydrogen production capacity to advance the sector’s decarbonization. Investment needed for the mobility infrastructure would be US$ 198 billion.
Land, power evacuation plan for 10 GW renewable energy project in Ladakh
Power minister recently chaired a meeting to discuss land availability and power evacuation plan for the 10 GW hybrid renewable energy project in the Leh district of Ladakh.
NTPC, Indian Oil to collaborate on renewable energy
The two energy majors have come together for the generation and storage of renewable energy or other forms of energy, including gas-based power, primarily to power Indian Oil refineries or other installations.
Hydropower producer SJVN to form solar and storage arm
The company’s board of directors have approved the formation of a wholly-owned subsidiary for solar PV, wind and hybrid power generation (including battery energy storage systems), green hydrogen, and other renewable energy ventures.
European consortium develops ways to couple heat pumps with solar panels
The Sun Horizon consortium has started to collect performance data on two pilot projects that combine heat pumps with solar systems using hybrid panels on homes in Riga, Latvia. The solution features a heat pump for space heating and domestic hot water and PVT panels to produce power for heating and domestic appliances, with excess power fed to the grid.
