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.
The long read: Flowing into the lithium supply gap
Australian-born vanadium redox flow technology and new homegrown electrolyte sources are set to bulk up renewable energy storage options in the Pacific region and plug the gap left by lithium supply-chain issues. Natalie Filatoff reports from Sydney.
ReNew secures $1 billion loan for 1.3 GW renewables project
ReNew Power, a Nasdaq-listed Indian developer, has secured $1 billion in external commercial borrowings for a 1.3 GW wind-solar energy project, backed by up to 100 MWh of battery storage. The project is co-owned by Japanese investor Mitsui and will supply round-the-clock power under a 25-year power purchase agreement.
Gujarat opens bidding for 500 MW/1 GWh of standalone battery storage
Gujarat Urja Vikas Nigam Ltd. has started accepting bids to develop 1,000 MWh (500 MW x two hours) of grid-connected battery energy storage systems in Gujarat.
Greenko to develop 400 MW of wind, solar for Hindalco’s aluminum smelter
Renewables major Greenko will develop 375 MW to 400 MW of solar and wind capacity to power Hindalco’s aluminum smeltering operations in Odisha. It will back the renewables generation with hydro pump storage capacity in Andhra Pradesh to ensure 100 MW of round-the-clock supply to Hindalco.
