KP Group and UAE’s Tristar partner on renewable energy projects
KP Group, a Gujarat-based renewable energy developer, has signed an agreement with UAE’s Tristar to jointly identify and execute wind, solar, green hydrogen, and green ammonia projects in multiple regions globally.
Jakson Green’s global order book surpasses 1 GW
The company has won large-scale renewable energy EPC projects in Africa and Middle-East regions. Its India portfolio includes an order to construct the single largest commercial and industrial solar park in Rajasthan.
Rock-based thermal energy storage production moves into gigawatt scale
Israeli company Brenmiller is set to launch a 4 GW to 5 GW production line for its thermal energy storage systems, which use crushed rocks to retain heat that can be released as steam, hot water, or hot air.
Tata Power Delhi discom signs $20.2 million financing deal with ADB
Tata Power will use the secured financing to enhance Delhi’s power distribution through grid enhancements and a battery energy storage system.
‘Least-cost’ model for compressed air energy storage
Stanford University researchers have created a model to assess how much compressed air storage capacity might be needed for the deep decarbonization of power systems, while compensating for the variability of wind and solar-based power systems. They applied the model to California’s energy system and found that compressed air could be very competitive on a dollars-per-kilowatt-hour basis.
IndiGrid commissions its first battery storage project coupled with solar panels
IndiGrid has installed and commissioned a pilot project of solar panel bank coupled with battery energy storage systems (BESS) at its Dhule Substation in Maharashtra.
Australian manufacturer reveals 1 MWh sodium chloride battery design
Altech Batteries, a battery tech company in Western Australia, has included “game-changing” sodium chloride technology in its new battery 1 MWh GridPack. It said it expects the new systems to be up to 40% cheaper to produce than dominant lithium-ion alternatives.
Waaree Renewable Technologies secures 1 MW green hydrogen project
Waaree Renewable Technologies has secured a 1 MW green hydrogen project on a build-own-operate basis in Maharashtra.
NTPC to supply 1.3 GW of round-the-clock renewable power for Greenko’s green ammonia plant
NTPC Renewable Energy has signed the term sheet to supply 1.3 GW of round-the-clock renewable power for Greenko’s upcoming green ammonia plant at Kakinada in Andhra Pradesh.
India’s energy transition presents $25 billion annual investment potential: Avendus Capital
India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world.
