India’s green hydrogen push presents a $125 billion investment opportunity by 2030: Avendus Capital
Avendus Capital’s latest report on green hydrogen estimates cumulative investments of $125 billion by 2030, across the value chain spanning electrolyzer production, renewable energy generation, and green hydrogen and green ammonia production in India.
The Hydrogen Stream: Companies to close 3 hydrogen stations in Germany
H2 Mobility’s live map has reported the planned closure of at least three hydrogen filling stations throughout Germany in the coming months, while the Japanese government has revealed plans to support the development of low-carbon aviation solutions, including hydrogen-combustion engines.
Macquarie, Enel to deploy 749 MWh of storage for 370 MW of solar in Greece
Cero Development Hellas, a joint venture between Macquarie and Enel, has secured approval to install 749 MWh at one of the largest PV plants in Greece.
Innovations in EV charging infrastructure
With the introduction of fast-charging stations, sophisticated battery technology, intelligent charging schemes, and bidirectional charging capabilities, electric vehicles are now more feasible, practical, and affordable than in the past.
JSW Energy to raise INR 5,000 crore via QIP
The floor price for the qualified institutional placement is set at INR 510.09 per equity share.
NTPC launches concentrated solar-plus-thermal storage tender
Applications can be submitted until May 9 to develop a 50 MW concentrated solar power project with thermal energy storage system.
Huawei debuts all-in-one storage solution for residential PV
Huawei says its new, all-in-one storage solution for residential PV comes in three versions with one, two, or three battery modules, offering 6.9 kWh to 20.7 kWh of usable energy. The the Luna2000-7/14/21-S1 system also includes an inverter, an optimizer, and an energy management system.
Electric vehicle sales in India surged 42% YoY in FY2024
A new report by JMK Research says annual electric vehicle sales in India touched 1.67 million units in FY 2024, 42% up year-on-year. Among all segments, electric cars registered maximum YoY growth of 90% despite the availability of limited models in this segment.
Log9 Materials achieves BIS certification for its LTO batteries
The certification signifies that Log9’s lithium titanate oxide (LTO) batteries comply with India’s stringent safety and performance standards for EV batteries.
SJVN launches 1.2 GW renewables-plus-storage tender
SJVN has launched a tender to select developers for up to 1.2 GW of firm, dispatchable power from renewable energy projects backed with energy storage systems. The projects can be located anywhere in India. Bidding closes on May 28.
