Australian utility tests nickel-hydrogen battery
Australian energy giant AGL will install a nickel-hydrogen battery at its Torrens Island power station site in South Australia as it explores the potential opportunities that the technology could provide for stationary energy storage applications
ReNew signs MoU with Asian Development Bank for $5.3 billion
ReNew has signed a memorandum of understanding with the Asian Development Bank for the financing of renewable energy, manufacturing, carbon offset, and green hydrogen projects between 2023 and 2028.
Sadhana Nitro Chem to set up 20 MW green hydrogen plant for self consumption
Chemicals manufacturer Sadhana Nitro Chem plans a 15-20 MW green hydrogen facility for consumption by its current manufacturing facility and expansion of the para Aminophenol plant.
Spanish gas provider tests hydrogen-powered residential water heater tech
Madrileña Red de Gas is testing a heating system prototype developed by Germany company Vaillant that uses exclusively green hydrogen. The 25 kW system is equivalent in shape and size to a current natural gas heating system.
Battery prices down 14% this year, says BloombergNEF
BloombergNEF says it has recorded a 14% decline in battery prices this year, mainly due to cheaper raw materials, following an unprecedented rise in 2022.
Fostering solar adoption requires a holistic approach
While the benefits of solar adoption are evident, challenges persist. The irregularity of solar power and the lack of efficient storage technologies remain primary concerns. The upfront costs of solar installations, though decreasing, remain a barrier for many. Complex regulations and bureaucratic hurdles often deter individuals and businesses from embracing solar energy. Addressing these challenges demands a concentrated effort.
SECI launches 1 GW renewables, storage tender
Solar Energy Corp. of India (SECI) is inviting bids from developers to supply 1.5 GW of firm, dispatchable power from renewable energy projects with storage systems. The successful bidders will set up RE projects with storage on a build-own-operate basis to supply RE power in a demand-following manner. Bids can be submitted till Jan. 9, 2024.
HPCL lays foundation stone for 100 MW solar project in Andhra Pradesh
Hindustan Petroleum Corp. Ltd will build the 100 MW solar project at Galiveedu for self-consumption.
Jakson Green opens office in Dubai
Jakson Green has set up an office in Dubai as it looks to increase its presence in sustainable energy solutions across the Middle East and North Africa (MENA) region. The company said its Dubai office will help it foster closer collaborations with partners and clients in the region.
Siemens profit 36% up YoY in July-Aug-Sept quarter
Siemens Ltd has announced a revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023.
