Acculon launches production of sodium-ion battery modules, packs
US-based Acculon Energy has announced series production of its sodium-ion battery modules and packs for mobility and stationary energy storage applications. Scaled production of 2 GWh is scheduled to start in mid-2024.
Reliance’ green energy giga complex will be ready for commissioning this year, Adani announces further investment in Gujarat
Reliance Industries and Adani Group, which have made big investments in creating an integrated renewable energy ecosystem in Gujarat, announced their further plans for the state at the 10th Vibrant Gujarat Global Summit.
Tata to start construction of 20 GWh lithium battery plant in Gujarat
Tata Group is about to start the construction of a 20 GWh lithium-ion battery plant in the Sanad city of Gujarat.
The Hydrogen Stream: Hyundai, IIT Madras partner to set up Hydrogen Innovation Valley in the Indian State of Tamil Nadu
Indian Institute of Technology Madras (IIT Madras) announced it has received a grant of INR 100 crore (over $12 million) from Hyundai towards the establishment of a dedicated ‘Hydrogen Innovation Valley’ in the Indian state of Tamil Nadu.
NTPC invites EoI to set up green hydrogen generation and storage product manufacturing facilities in Andhra Pradesh
NTPC Green Energy Ltd has invited an Expression of Interest from manufacturers of products used in generation and storage of green hydrogen or its derivatives, to set up manufacturing facilities in Andhra Pradesh. The facilities will come up within the green hydrogen hub being developed by NTPC in Pudimadaka, Achutapuram.
Govt announces INR 515-crore solar power scheme for electrification of tribal areas
The Scheme targets the electrification of 100,000 un-electrified households in tribal areas by providing off-grid solar solutions free of cost. The solutions will be installed in areas where electricity supply through the grid is not techno-economically feasible.
Adani Green Energy to invest in pumped storage plants in Tamil Nadu
Adani Green Energy will invest INR 24,500 crore in setting up three pumped storage plants with a cumulative capacity of 4.9 GW in Tamil Nadu.
JSW Energy to set up 1 GW pumped storage project in Tamil Nadu
JSW Energy will expand its footprint in Tamil Nadu with a further investment of INR 12,000 crore in RE projects, including 1 GW of pumped storage and 1 GW of wind power generation.
Ola Electric’s lithium battery gigafab to become operational next month
Bhavish Aggarwal, chief executive officer of Ola Electric, announced their lithium battery cell gigafactory in Tamil Nadu will become operational next month.
Prices of Chinese EV battery cells fell by 50% at end of 2023, says TrendForce
Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.
