The latest financial stability ranking has Tesla, Mustang Battery, and Solid Power holding the top three spots in a report that tracks Altmann-Z scores for 57 manufacturers over the past three years.
With this latest award, SECI has allocated a total green ammonia production capacity of 275,000 metric tonnes per annum across four reverse auctions, at prices ranging from INR 51.80 to INR 55.75 per kg.
Start-ups developing technologies in fields such as solar energy, green hydrogen, energy storage, distributed renewable energy, small hydro, wind, smart grids, and clean mobility will be supported in the development and commercialization of their innovations.
Rajasthan Rajya Vidyut Utpadan Nigam Ltd is accepting bids to set up standalone battery energy storage systems (BESS), connected to the State Transmission Utility (STU), with an aggregate storage capacity of 2,000 MWh (500 MW x 4 hours). The systems will operate on a single-cycle charging/discharging basis.
Statcon Energiaa has secured a licensing agreement with Germany’s AEG Power Solutions (AEG PS) to design, manufacture, and service MW-class hydrogen rectifiers based on AEG’s advanced components.
Jaicky Kumar, co-founder and CEO of Voltanova—a deep-tech firm incubated by the Foundation for Science, Innovation and Development (FSID) at IISc—speaks to pv magazine about Voltanova’s thermal battery system and how it compares to lithium-based energy storage.
Oriana Power Ltd has emerged as the winning bidder in Solar Energy Corp. of India’s (SECI) third e-reverse auction for green ammonia by quoting a tariff of INR 52.25/kg ($600/tonne) for 60,000 metric tonnes per annum (MTPA).
NTPC Renewable Energy Ltd has emerged as the successful bidder in the e-reverse auction conducted by the Solar Energy Corp. of India (SECI) for the full green ammonia capacity of 70,000 metric tonnes per annum. It secured this capacity at a price of INR 51.80 per kg.
Green hydrogen serves as a foundational pillar to pursue industrial, macro-scale decarbonisation and developing more sustainable energy system for the future.
New battery projects commissioned in 2025 could deliver internal rates of return (IRR) of 17% by operating in power exchanges, owing to falling upfront costs and rising revenue potential, says the Ember report.
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