While transitioning to renewable energy and widespread adoption of batteries is a must, recycling cannot be an afterthought. It must be built into design and supply chain decisions.
The scheme will extend financial support to 15 states and NTPC, with INR 18 lakh per MWh allocated for each project. Of the total 30 GWh target, 25 GWh will be distributed among 15 states to meet their energy storage needs, while 5 GWh will be allocated to NTPC.
Larsen & Toubro has secured an order from JSW Energy to execute civil works for the 1.5 GW Bhavali pumped storage project in Maharashtra.
THDC India Ltd, a subsidiary of NTPC Ltd, has commissioned the first unit of 250 MW of its 1 GW variable-speed pumped storage hydro power project in Uttarakhand.
Maxvolt Energy plans to set up a recycling and repurposing plant close to its lithium battery manufacturing unit in Ghaziabad, enabling better supply chain integration and operational efficiency.
Insurers caution that key blind spots remain for energy storage developers going through the underwriting process.
ACME Group has reaffirmed its commitment to establish a green hydrogen and ammonia project in India at Gopalpur, Odisha. The project, to be set up within Tata SEZ, will produce 400,000 tonnes of green ammonia annually.
The Baochi Storage Station in Yunnan integrates lithium and sodium-ion technologies at scale, a global first, aiming to stabilize renewable energy and cut costs as China accelerates its energy transition.
The collaboration will leverage Honeywell’s eFining technology to produce sustainable aviation fuel from carbon dioxide (CO2) feedstock captured from NTPC’s power plants and green hydrogen.
JBM Green Energy Systems, the lithium-ion battery vertical of JBM Auto, has achieved a robust orderbook of 3 GWh for battery energy storage systems.
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