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.
HSBC India has partnered with the Indian Institute of Technology (IIT) Bombay to support innovation-led green hydrogen initiatives. It has also partnered with Shakti Sustainable Energy Foundation (SSEF) to support policy research, and technological and financial solutions for real-world application of green hydrogen in industrial clusters across four states of India.
KiloVault has developed a solar-ready, do-it-yourself (DIY) offgrid battery, with sizes ranging from 4.3 kWh to 27.6 kWh. It comes equipped with a pre-wired, single-phase AC inverter and the ability to directly accommodate electrical loads.
India’s OGO Energy has launched battery energy storage systems with indigenously developed smart battery management system. These systems feature a modular design. Up to five battery modules of 5.12 kWh each can be combined to give a storage capacity of 25.6 kWh.
UW–Madison has developed an environmentally friendly approach for producing essential drug ingredients by opting for hydrogen, while India has presented new green hydrogen standards.
The two partners will initially set up a large-sized super hub in Samalkha, New Delhi, with 200 EV charging points. It will have a combination of AC and DC chargers and will support Evera consumers as well as other cab aggregators and individual EV owners.
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.
As the US and British government press ahead with their hydrogen support projects, a team from Korea and the US has developed an iridium nanostructure catalyst, which decreased the amount of the chemical element. Meanwhile, hydrogen projects are proceeding in West Virginia, Denmark, Finland, and Japan.
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