Energy Storage

Gentari and Greenko founders-owned AM Green will jointly invest in the green ammonia platform, AMG Ammonia, to produce and export green ammonia from India. Both partners bring complementary capabilities across the green hydrogen value chain, including renewable energy, electrolyzers, and ammonia production and marketing capabilities. GIC will also invest in AMG Ammonia.

The Solar Power Developers Association (SPDA) is now Sustainable Projects Developers Association (SPDA), representing solution providers across solar, wind, hybrid, battery energy storage systems, green hydrogen and green ammonia sectors.  

Sodium-ion energy storage system manufacturer, Peak Energy, is working to streamline what it believes is the biggest bottleneck to scaling enough battery energy storage systems to accommodate 80% renewable energy generation and 100% carbon-free electricity in the United States by 2035.

Sterling and Wilson Renewable Energy reported that it secured EPC orders worth INR 2,640 crore ($317.21 million) in Q2 FY 2024. This is around 467% up from order inflows in Q1 FY 2024.

The Israeli planning regulator says that some storage facilities will not need permit approvals over the next 18 months.

NTPC’s R&D center NETRA and Engineers India Ltd (EIL) will collaborate in carbon capture utilization and storage (CCUS), green hydrogen, and green ammonia.

Husk Power Systems (Husk) has raised over $100 million in equity and debt to fund its new solar minigrid projects in South Asia and Africa. The company said the new capital would support 1,400 new minigrids, around 300,000 new connections, and avoid 350,000 tonnes of CO2 from the displacement of diesel generation while adding 2,500 new direct jobs.

City Energy and Gentari have agreed to study the feasibility of building a hydrogen pipeline from Malaysia to Singapore.

Servotech Power Systems has filed a patent for its technology that enables third-party entities to control load shifting in a battery energy storage system. It has also applied for a patent for its technology to channel renewable energy into BESS effectively.

Israel’s planning administration has approved the terms for deploying up to 16 MWh of storage facilities. The government said that due to the Gaza conflict, storage has become ever more important for emergencies.