Utility Scale Storage

Birla Carbon has acquired Belgium’s carbon nanotube manufacturer Nanocyl as it looks to establish a leadership position in materials critical to lithium-ion battery performance.

India and Saudi Arabia have agreed to develop electrical interconnections and low-carbon hydrogen, while Masdar has partnered with Boeing ion the sustainable aviation fuel (SAF) industry.

Electricity generator Stanwell Corporation has supersized its plans to develop grid-scale iron flow battery storage systems in collaboration with Queensland-based battery manufacturer Energy Storage Industries – Asia Pacific, announcing a binding agreement that could deliver a 150 MW commercial battery by as early as 2029.

NHPC has launched a tender to select developers for 1.5 GW of firm, dispatchable power from renewable energy projects with storage systems. Online bids can be submitted till Nov. 13.

India and Saudi Arabia have agreed to cooperate to co-develop projects, co-produce green/clean hydrogen and renewable energy, and establish secure, reliable, and resilient supply chains of materials used in green/clean hydrogen and the renewable energy sector.

As the energy storage trend unfolds, stories litter the media landscape about lithium-ion batteries catching fire, and even exploding. This is a valid concern, as the time for consumers to understand a basic truth about lithium-ion batteries is long past due.

India needs to ramp up its annual solar capacity additions by 36% year-on-year to reach an installed PV base of 185.6 GW by FY 2027, targeted under 14th National Electricity Plan. The nation installed 66.7 GW of PV capacity as of March 31, 2023, with 12.9 GW added in FY 2023.

Amara Raja Batteries has changed its name to Amara Raja Energy & Mobility as it directs its focus to becoming a comprehensive solutions provider in the energy and mobility space.

Brookfield and Axis Energy Ventures had earlier formed a joint venture platform ABC Renewables to develop renewable energy projects. The latest JV will have up to $845 million of equity investment by Brookfield. 

NTPC Green Energy Ltd and Oil and Natural Gas Corp. Ltd (ONGC) have signed an agreement to collaborate in various areas of renewable energy (including energy storage, green hydrogen and its derivatives) in India and overseas.