An Italian company has developed a system that can store energy from wind, solar and grid electricity by compressing and using CO2 without any emissions. The system draws CO2 from an inflatable atmospheric gas holder, stores it, and uses it to produce power again, when demand for stored energy arises.
Berkeley Lab report finds historic lows in clean energy prices position India to transform electric system
Tata Power Solar has secured the engineering, procurement, and construction contract for a 100 MW solar field with a 120 MWh battery. The project, awarded by the Solar Energy Corporation of India, will be in Chhattisgarh.
The carbon black solutions manufacturer will launch its Conductex i and Conductex e range of products for lithium ion and lead acid battery applications at The Battery Show Europe 2021. With this launch, it aims at reaching out to energy storage market customers in Europe and globally.
A report has stated the renewable-plus-fossil fuel model is the best short term option to meet the assured supply conditions in the Solar Energy Corporation of India’s round-the-clock power tenders. Further out, as the cost of batteries decline, that technology is likely to become the most viable option for providing critical, non-intermittent power.
The renewable energy developer is ready to invest INR 18,000 crore (US$ 2414.29 million) in setting up a 50 kilotonne per annum green hydrogen production plant in the State.
Falling battery costs and “surging” renewables penetration make energy storage a “compelling flexible resource in many power systems.”
Out of this, investments totaling US$ 8.4 trillion would be needed by the power sector alone to significantly scale up generation from renewable energy and associated integration, distribution and transmission infrastructure. Another US$ 1.5 trillion would have to be invested in the industrial sector for setting up green hydrogen production capacity to advance the sector’s decarbonization. Investment needed for the mobility infrastructure would be US$ 198 billion.
Power minister recently chaired a meeting to discuss land availability and power evacuation plan for the 10 GW hybrid renewable energy project in the Leh district of Ladakh.
The company’s board of directors have approved the formation of a wholly-owned subsidiary for solar PV, wind and hybrid power generation (including battery energy storage systems), green hydrogen, and other renewable energy ventures.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.