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Energy Storage

NTPC invites EoI to set up green hydrogen generation and storage product manufacturing facilities in Andhra Pradesh

NTPC Green Energy Ltd has invited an Expression of Interest from manufacturers of products used in generation and storage of green hydrogen or its derivatives, to set up manufacturing facilities in Andhra Pradesh. The facilities will come up within the green hydrogen hub being developed by NTPC in Pudimadaka, Achutapuram.

Govt announces INR 515-crore solar power scheme for electrification of tribal areas

The Scheme targets the electrification of 100,000 un-electrified households in tribal areas by providing off-grid solar solutions free of cost. The solutions will be installed in areas where electricity supply through the grid is not techno-economically feasible.

Adani Green Energy to invest in pumped storage plants in Tamil Nadu

Adani Green Energy will invest INR 24,500 crore in setting up three pumped storage plants with a cumulative capacity of 4.9 GW in Tamil Nadu.

JSW Energy to set up 1 GW pumped storage project in Tamil Nadu

JSW Energy will expand its footprint in Tamil Nadu with a further investment of INR 12,000 crore in RE projects, including 1 GW of pumped storage and 1 GW of wind power generation.

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Ola Electric’s lithium battery gigafab to become operational next month

Bhavish Aggarwal, chief executive officer of Ola Electric, announced their lithium battery cell gigafactory in Tamil Nadu will become operational next month.

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Prices of Chinese EV battery cells fell by 50% at end of 2023, says TrendForce

Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.

Erisha E Mobility signs INR 6,900 crore MoU for green hydrogen, mega EV park in Gujarat

Erisha E Mobility will invest INR 6,900 crore in setting up an electric vehicle park, charging infrastructure, and green hydrogen production facilities in Gujarat.

Evergreen Renewables to invest INR 4,000 crore in Gujarat

Advait Infratech will invest in the manufacturing and assembly of fuel cells and electrolyzers in Gujarat. Waaree will set up a green hydrogen/green ammonia production facility along with hybrid (solar, wind) renewable energy generation.

Torrent Power commits INR 47,350 crore renewables, green hydrogen investment in Gujarat

Torrent Power will invest INR 47,350 crore (around $5.7 billion) in green hydrogen and green ammonia production, solar and hybrid power generation, and power distribution in Gujarat.

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Erisha E Mobility, Gujarat govt sign green hydrogen MoU worth INR 5,000 crore

Erisha E Mobility will set up a green hydrogen ecosystem in Gujarat with an investment of INR 5,000 crore (over $600 million).

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