Rystad Energy has countered the International Energy Agency’s (IEA) recent “reality check” for the green hydrogen sector, predicting that the momentum behind renewable-based hydrogen will gather pace in 2024 as global renewable energy capacity continues to expand rapidly.
Researchers have found that the current levelized cost of energy (LCOE) for concentrated solar power (CPS) plant in Saudi Arabia could be as low as $0.137/kWh. However, combining the tech with PV would significantly enhance the cost competitiveness of CSP.
The collaboration with Tata Technologies will enable Agratas to accelerate product development, including the design and integration of battery cells into modules and packs for global customers in the mobility and energy sectors.
A new 875 MW solar project in California features nearly 2 million solar panels and offers more than 3 GWh of energy storage.
Hero Future Energies will invest INR 4,000 crore into setting up renewable energy projects, battery energy storage systems, facilities for the production of green hydrogen and its derivatives, etc in the Indian state of Uttar Pradesh.
The biggest question for the transition from the conventional practice of electricity generation to 100% eco-clean renewable energy resources is, can we maintain the electricity grid stable every minute of every day? The answer is clearly YES, and it is practical.
Adani Green Energy will set up 1.35 GW of pump storage projects with an investment of over INR 5,000 crore ($601.48 million) in the Indian state of Telangana. Adani Enterprises Ltd (AEL) will also invest over INR 5,000 crore in a 100 MW data centre, powered by renewable energy.
Torrent Power will develop 3,450 MW of solar power projects, 1,045 MW of hybrid power projects, and the solar park infrastructure for a 7 GW solar power project in Gujarat. It will also set up a 100 ktpa green hydrogen/green ammonia production facility in the state.
Reliance Industries and Adani Group, which have made big investments in creating an integrated renewable energy ecosystem in Gujarat, announced their further plans for the state at the 10th Vibrant Gujarat Global Summit.
Tata Group is about to start the construction of a 20 GWh lithium-ion battery plant in the Sanad city of Gujarat.
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