Energy Storage

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. 

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

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.

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.

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.

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 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.

Clean technology and ancillary equipment offer a cumulative $300-400 billion sales opportunity for Indian manufacturers within this decade, according to a new report by KPMG that says India has the potential to emerge as an alternative in the renewable energy supply chain.

Birla Carbon has acquired Belgium’s carbon nanotube manufacturer Nanocyl as it looks to establish a leadership position in materials critical to lithium-ion battery performance.