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Energy Storage

Australian hydropower company begins work on 2 GW pumped hydro project

Exploratory work and detailed site investigations have started for the 2 GW Borumba Dam pumped hydro project in Queensland, Australia.

Leaders from 116 countries to attend the 6th Assembly of International Solar Alliance in New Delhi

The Sixth Assembly of the International Solar Alliance will focus on universalizing energy access through solar mini-grids, mobilizing finance for accelerated solar deployment, and diversifying supply chains and manufacturing for solar.

FIMER to launch 5 MVA bidirectional converter in India 

FIMER has 10 GW of annual production capacity in India and manufactures central inverters, bidirectional /battery converters for BESS applications, and microgrid inverters. The company will launch a 5 MVA bidirectional converter completely Made in India, following the success of its 2 MVA bidirectional converter, PVS980-58BC. 

Triple Solar introduces residential thermal battery

Dutch company Triple Solar has launched a residential thermal battery with a heat loss rate ranging from 0.67 kWh/day to 0.84 kWh/day. The new product can reportedly provide hot water at temperatures ranging from 45C and 55C, with the minimum heat source temperature ranging between 65C and 80C.

Avaada secures $1.8 billion REC finance for green ammonia project

Avaada has signed a memorandum of understanding with REC Ltd for $1.8 billion green ammonia project financing.

REC commits over $3.7 billion for Acme, Avaada green hydrogen projects in Odisha

REC Ltd will provide debt funding totaling INR 31,000 crore (over $3.7 billion) to support two green hydrogen projects in Odisha. This includes INR 16,000 crore to Acme Group and INR 15,000 crore to Avaada.

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The Hydrogen Stream: Japan backs hydrogen in aviation

The Japanese government has confirmed to pv magazine that it is launching a new support scheme for hydrogen in aviation, while Japanese investors continue to actively pursue participation in a green ammonia project in South Africa.

Residential battery inventories soaring in Europe, says S&P Global

European warehouses are reporting extremely high inventory levels for residential energy storage systems, with aggressive prices expected, as distributors need to start clearing their stocks, according to S&P Global.

Sodium-seawater batteries for short, long-term stationary energy storage

Italian researchers studied sodium-seawater batteries (SWBs) for short- and long-term energy storage on Sardinia and found that SWBs with wave energy smoothed out power fluctuations, while enabling a fully decarbonized power generation system over the long run.

Hygenco to develop Maharashtra’s first green hydrogen project

Hygenco Green Energies will construct and operate a 100% green hydrogen production plant in Maharashtra for supply to Sterlite Technologies Ltd’s glass preform plant located in Aurangabad.

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