Utility Scale Storage

JSW Energy has started construction work for its 1 GWh battery energy storage project in India, marking its foray into energy storage services. The company is also spearheading the development of India’s largest commercial-scale green hydrogen project in India.

Solar Energy Corp. of India (SECI) is accepting bids to produce and supply 539,000 metric tonnes of green ammonia per year for use by the fertilizer industry in India. Successful bidders setting up green ammonia production facilities will be eligible for incentives under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme. Bidding closes on July 29.

ReNew Energy Global achieved profitability with a net profit of $50 million for FY 2024, compared to a net loss of $60 million for FY 2023. Annual revenue surged to $1,158 million.

India’s solar journey is a tale of turning challenges into opportunities, of harnessing the sun’s boundless energy to light up lives sustainably. On this World Environment Day, India’s solar saga reminds us that with innovation, policy support, and collective will, we can indeed craft a brighter, greener future—one solar panel at a time.

Continued investments in research and development, particularly in areas like advanced battery storage technologies and next-generation solar cell materials, coupled with supportive policies and global collaboration can unlock the full potential of solar energy and pave the way towards a brighter, more sustainable future. 

Australia’s first eight-hour battery energy storage system is set to go ahead with German energy major RWE announcing it has taken the investment decision and signed key contracts for the Limondale battery project being developed in southwest New South Wales.

SJVN expects to commission 2,498 MW of wind and solar power generation capacity in fiscal 2025 and another 4,330 MW in FY 2026.

While most long-duration energy storage (LDES) technologies are still early-stage and costly compared to lithium-ion batteries, some have already or are set to achieve lower costs for longer durations, finds BloombergNEF.

A new study by government thinktank NITI Aayog provides state-wise renewable energy potential that can be harnessed by states to meet their renewable purchase obligations, RE capacity that needs to be procured by the deficit states from other RE-rich states, and storage requirement to meet the required grid balancing. The study was carried out with the support of the Central Electricity Authority and the Ministry of New and Renewable Energy.

Researchers at the University of South Carolina have successfully transitioned their highly-durable lithium-sulfur battery technology from coin to pouch cells and reported competent energy densities.