Form Energy has released a white paper that provides further evidence that multi-day energy storage, like its iron-air technology, can substantially reduce the costs for New York to achieve its ambitious decarbonization targets.
A Japanese team is working on a solar water splitting system with a 12% solar-to-hydrogen efficiency, while UK researchers have identified the reason why graphene’s dense crystalline structure is much more permeable to protons.
Acme Group will set up a green hydrogen and ammonia project at Tata Steel Special Economic Zone Ltd’s Gopalpur Industrial Park in the Ganjam district. The land agreement sets aside 343 acres of land for the project.
India’s energy system requires investments totaling $12.7 trillion between 2022 and 2050 to reach net-zero emissions by mid-century.
NHPC and APGENCO will initially develop 1,950 MW of pumped hydro storage projects (950 MW in Kamlapadu and 1,000 MW in Yaganti) through a joint venture.
Exide Energy Solutions, which is building a 6 GWh lithium-ion cell manufacturing facility in Karnataka, has sought additional 40 acres of land for expansion to 12 GWh in the state.
RK Vishnoi, chairman and managing director of NHPC, said pumped storage will be the mainstay for NHPC in the near future. The state-owned power producer has already signed MoUs to develop multiple gigawatts of pumped storage projects in Andhra Pradesh, Gujarat, Maharashtra, and Odisha.
India’s robust economic growth translates to rising demand for energy. This demand provides a substantial market for renewable energy investments, encouraging firms to venture into this sector. However, as the nation marches ahead in RE adoption, it needs to overcome challenges like high capital costs and inadequate grid infrastructure.
Iberdrola has started filling the reservoir for the Alto Tâmega reservoir, which is part of the largest pumped hydroelectric storage project in Portugal.
Solar Energy Corp. of India (SECI) has launched a tender to select developers for 800 MW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on Sept. 29.
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