Storing wind, solar power with silica sands
NREL researchers developed a system that uses heated silica particles for thermal energy storage. The baseline technology is designed for a storage capacity of up to 26,000 MWh and is claimed to have a cost of of between $2 and $4 per kWh.
UK to invest $1.2 billion in green energy projects in India
UK’s development finance institution CDC will invest $1 billion in green projects in India between 2022-26. Besides, UK has committed a new $200-million private and multilateral investment into the joint UK-India Green Growth Equity Fund that invests in Indian renewable energy.
LUCAS TVS plans 10 GWh lithium-ion battery fab in Tamil Nadu
The Indian auto-components manufacturer will set up a semisolid lithium-ion cell manufacturing facility in Chennai under a technology licensing agreement with American startup 24M. The first phase of the planned 10 GWh fab would start production in the second half of 2023.
Lithium-ion vs lead-acid batteries
An international research team has conducted a techno-economical comparison between lithium-ion and lead-acid batteries for stationary energy storage and has found the former has a lower LCOE and net present cost. Through their analysis, which was performed assuming the use of the batteries in connection with a 10 kW, grid-tied PV system, the scientists concluded that lithium-ion batteries are the most viable solution.
Tata Power awarded 330 MW solar project in Madhya Pradesh
The company’s arm TP Saurya Limited has received the letter of award to build an aggregate 330 MW PV capacity in the 500MW Neemuch Solar Park.
Adani Green Energy raises US$ 750 million from issuance of green bonds
The solar developer shall utilize the proceeds towards equity funding of the capex for its under-construction renewable projects.
Reliance Industries may acquire REC Solar
Mumbai-based Reliance Industries and REC Solar have declined to comment on rumors that the Indian company might acquire the Norwegian PV module maker, in a potential transaction that Indian media outlets have already valued at $1 billion to $1.2 billion.
Photovoltaic sunshade based on perovskite solar cells
The phovoltaic sunshade was deployed on the facade of a factory owned by Polish aluminum system provider Aliplast. The movement of the PV blinds is regulated by a controlling system linked to a weather station installed on the roof.
International group offers $68m loans for struggling off-grid clean energy distributors
‘More than 90’ suppliers of appliances such as solar lanterns and home solar panels, as well as mini-grid installers, will be offered low-interest credit by an assortment of government-backed and privately-financed entities.
Indian Railways could power one in four trains with its own solar panels
Feeding solar electricity directly from its own panels into overhead lines on a fully-electrified rail network would be more cost-effective for the state-owned company than buying that green power from the grid, according to a new study.
