SECI tenders 2.25 GW of round-the-clock power from renewable hybrids
Prospective developers in Solar Energy Corp. of India’s latest tender will set up renewable energy projects to supply round-the-clock power. The projects can be located anywhere in India. Bidding closes on Oct. 10.
Zinc8 to manufacture its first zinc-air batteries in US market
Canadian battery developer Zinc8 Energy Solutions has announced plans to begin battery production in the United States, incentivized by manufacturing production credits in the US Inflation Reduction Act.
Australian startup releases new hydrogen generators
H2X Global has released the first of its hydrogen-powered generators in the Australian market.
The long read: China’s policy-driven battery boom
The rise of electric vehicles brings rapid technological advancement and cost reductions to lithium ion battery manufacturing, which can serve to make batteries more useful and more profitable for the energy storage industry. However, the use of stationary batteries as energy assets is still at a nascent stage. Most markets and business models are immature, and InfoLink analyst Yuan Fang-wei sees policy as the major driving force to lead and stimulate China’s energy storage market.
Battery cell manufacturing in India could attract over $9 billion in investment by 2030, says ICRA
A new report by ICRA says rising electric-vehicle penetration will drive significant investment in battery cell manufacturing in India. It expects EV battery demand in the nation to touch 15 GWh by 2025 and 60 GWh by 2030.
NTPC invites proposals for round-the-clock renewables supply
NTPC has started accepting proposals from developers to supply round‐the‐clock power from solar, hydro, wind, hybrid, and energy storage plants.
Sharp begins developing zinc-air flow batteries for renewables storage
Sharp is developing a zinc-air battery tech for renewables storage. The device will be reportedly safer than their lithium-ion counterparts, with high energy densities.
Reliance Industries presents scaled-up solar, battery ambitions
Reliance Industries says that production will begin at its 10 GW factory for solar cells and modules by 2024. It plans to double the facility’s capacity to 20 GW by 2026 and is aiming for 50 GWh of annual cell-to-pack battery capacity by 2027.
JSW Energy wins SECI tender for 1 GWh of battery energy storage systems
The private-sector power producer will set up standalone, grid-connected battery energy storage projects with an aggregate capacity of 1 GWh on a build-own-operate-transfer basis. The projects will be located in the Indian State of Rajasthan.
India’s power market design must evolve as renewables’ share rises, says IEEFA
A new report by IEEFA says India’s power market design must evolve to transition faster to an ultra-low-cost renewable energy-based electricity system.
