Govt releases incentive guidelines for green hydrogen, electrolyzer production
The Ministry of New and Renewable Energy (MNRE) has notified the guidelines for its incentive schemes to promote the domestic production of green hydrogen and electrolyzers.
‘Renewables will eat itself,’ says Australian analyst
Over the next five to 15 years, batteries will undercut the business case for major transmission and interconnector projects. These assets will nonetheless likely be built, decreasing price spreads and eating into the revenues of batteries, predicts analyst Warwick Johnston.
Avaada Group closes $1.3 billion funding round
The integrated energy company has closed $1.3 billion in financing for its green hydrogen, green methanol, green ammonia, solar manufacturing, and renewable power generation ventures.
Lhyfe launches world’s first offshore hydrogen project
Lhyfe has started producing offshore hydrogen via a pilot project in France, and Toyota and its partners have agreed to invest in hydrogen in Thailand. The Australian authorities, meanwhile, have approved a hydrogen project in Victoria.
Solar-driven photoreactors to generate hydrogen on rooftops
Scientists led by the Karlsruhe Institute of Technology have designed panel-like photoreactors relying on a water-splitting photocatalyst that could produce hydrogen on rooftops or dedicated solar farms. They claim the photoreactors have high economic potential because of their ‘extremely’ low costs.
India’s first hydrogen train to run on Jind-Sonipat route
Indian Railways plans to run 35 hydrogen trains on various heritage and hill routes in India.
Global sodium-ion battery market expected to reach $2.6 billion by 2028
The global sodium-ion battery market will grow at 16.2% annually to touch $2.6 billion by 2028. Major drivers include an increasing demand for these batteries as a lithium battery replacement for renewable energy storage and the growing trend towards low-speed electric cars.
India and Egypt talk renewable energy, green hydrogen
Hassan Allam, chief executive officer of Egypt’s Hassan Allam Holding Co., discussed cooperation with Indian companies in renewable energy and green hydrogen, during his recent meeting with India’s prime minister Narendra Modi.
NHPC to develop 2 GW pumped storage, 1 GW solar projects in Odisha
The state-owned hydropower producer has signed a memorandum of understanding (MoU) with Grid Corp. of Odisha (GRIDCO) to develop 2 GW of pumped storage and 1 GW of solar energy projects in Odisha.
Flywheel mechanical battery with 32 kWh of storage in Australia
Key Energy has installed a three-phase flywheel energy storage system at a residence east of Perth, Western Australia. The 8 kW/32 kWh system was installed over two days in an above-ground enclosure, dramatically cutting the time needed to install the flywheel system.
