Prime minister Narendra Modi to launch construction of Suzuki’s EV battery plant in Gujarat
Japanese carmaker Suzuki Motor is investing INR 7,300 crore (around $914 million) to set up the electric vehicle battery plant at Hansalpur in Gujarat. The plant will manufacture advanced-chemistry cell batteries.
O2 Power acquires 55 MW of operational solar assets from Emmvee
The Indian renewable energy producer has acquired 55 MW of operating solar assets from module manufacturer Emmvee. The capacity includes 40 MW of utility-scale PV plants in Karnataka and 15 MW of commercial scale in Telangana.
New battery for residential, commercial applications
Dutch manufacturer MG Energy Systems is offering a new storage system in two versions, with capacities of 5.8 kWh and 7.2 kWh and nominal capacities of 230 Ah and 280 Ah.
Avaada to invest $5 billion in green hydrogen, ammonia plant with 6 GW captive renewables in Rajasthan
Ravi Verma, senior executive vice president at Avaada, told pv magazine that the Group would invest $5 billion into setting up an integrated green hydrogen and ammonia plant with 6 GW of captive renewable energy capacity in the state. The green ammonia facility will have a production capacity of 1 million tons per annum.
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.
Solar power plants with smart batteries: It’s just a matter of time
At the end of 2021, the total capacity of the solar power plants throughout the world was estimated to be 940 GW. According to the forecasts of solar association SolarPower Europe, the total capacity could reach 2 TW by 2025. With the rapidly growing popularity of solar power plants, experts predict that the next breakthrough in this sector will be smart batteries. In the future, solar power plants will not be able to operate without them.
NHPC, BEL sign MoU to set up polysilicon-to-solar module gigafab
State-owned NHPC and Bharat Electronics Ltd will leverage their complementary strengths to set up a gigawatt-scale vertically integrated solar manufacturing unit.
Ohmium, Shell to jointly explore green hydrogen projects
The India arm of energy giant Shell and USA-based electrolyzer specialist Ohmium have signed an agreement to cooperate on green hydrogen applications, markets, and project opportunities.
Norfund, KLP to buy 49% in Enel’s 420 MW solar project
The Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway’s largest pension company, have signed a deal to raise a 49% stake in a 420 MW solar power plant in India developed by Italy’s Enel Green Power.
Long-term, heat-based energy storage in aluminum
Nine partners from seven European countries are involved in the €3.6 million ($3.7 million) “Reveal” research project, which says buildings could be heated in the future by storing energy from PV, wind and water in aluminum.
