“We’re ready to support our customers’ energy transition—whether from electrons or molecules”: Thermax executive VP
Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.
India’s 2030 battery gigafactory ambition: Strengths, bottlenecks and solutions
The number of operational battery gigafactories will increase significantly, with more than 30 manufacturing sites expected to be in operation by 2030, targeting a total production capacity exceeding 290 GWh. However, challenges such as raw material and skilled labor shortages, insufficient R&D investment, and a lack of long-term strategic planning remain.
Global Energy Alliance announces $25 million Grids of the Future Accelerator platform
The Global Energy Alliance for People and Planet has launched the India Grids of the Future Accelerator platform to modernize power distribution, integrate renewable energy and storage, and prepare India’s grids for rapid demand growth.
World’s largest solar-plus-storage project completes initial grid synchronization
The first phase of the MTerra solar project in the Philippines, set to be the world’s largest solar-plus-storage site once completed, has achieved initial synchronization and energization to the Luzon grid. Project developers are anticipating the project to being exporting power by the end of the month.
Adani commits $100 billion to renewables-powered AI-ready data centres
Adani Group has announced an investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centre capacity in India by 2035.
AM Group commences development of 1 GW AI compute facility backed by round-the-clock renewables
AM Group has commenced development of its 1 GW AI and High-Performance Computing data center project in the Indian state of Uttar Pradesh. The facility will be powered by firm and on-demand carbon-free energy at competitive tariffs enabled by renewable generation and pumped storage assets managed through an in-house intelligent cloud energy architecture.
Comparing safety profiles of lithium-ion, sodium-ion and solid-state batteries
New research finds that battery safety rankings are not universal but highly dependent on application scenarios, and shows that LFP batteries can emit high levels of hydrogen fluoride, challenging their reputation as the “safest” chemistry.
Powertrac to set up 1 GWh BESS factory
Gujarat-based Powertrac Group has announced an investment of INR 600 crore to establish a 1 GWh containerized battery energy storage system (BESS) manufacturing facility. The facility will focus on lithium iron phosphate (LFP)-based battery pack assembly, along with in-house battery management system (BMS) development and integration.
India’s FY2027 budget shifts focus from renewable deployment to manufacturing, but execution challenges persist, says Wood Mackenzie
Clean energy spending rises 40% to $5 billion as government prioritises CCUS, domestic supply chains and strategic manufacturing. However, execution delays and underutilisation of allocated funds could limit the near-term impact, according to an analysis by Wood Mackenzie.
SJVN Ltd’s 250 MW/500 MWh BESS tender yields a tariff of INR 1.97 lakh/MW/month
SJVN Ltd’s tender for setting up 250 MW/500 MWh of standalone battery energy storage systems (BESS) in Haryana has discovered a tariff of INR 1.97 lakh/MW/month. Hardi Hydro Energy secured the full capacity at the quoted price.
