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Energy Storage

SJVN to build 5 GW of renewable energy projects in Maharashtra

The state-owned hydropower producer has signed a memorandum of understanding (MoU) with the Maharashtra State Power Generation Co. (MAHAGENCO) to develop 5 GW of renewable energy projects across hydro, pumped storage, wind, solar, hybrid, and green hydrogen technologies in Maharashtra.

US green hydrogen market to grow six-fold to $1.4 trillion, said Deloitte

By 2050, the practice of using renewable energy to electrolyze water and create hydrogen fuel may reach a global market of well over $1 trillion USD.

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India remains world’s most attractive solar market

India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. 

Form Energy to deploy 100-hour iron-air battery system in US

US utility Georgia Power has more than 850 MW of active energy storage projects under development or in operation across its service territory.

Punjab tenders for purchase of 1.2 GW of solar power

The selected bidders will set up grid-connected solar projects anywhere in Punjab to supply the power.

NHDC to build 525 MW pumped storage project in Madhya Pradesh

NHDC is constructing a 525 MW pumped storage power project near Indira Sagar Dam to meet the peak-hour energy demand of Madhya Pradesh.

Govt puts pumped storage on fast track

The Central Electricity Authority recently approved a 1.35 GW pumped storage project in Andhra Pradesh in a record time of 70 days.

Green hydrogen: A key enabler for a sustainable future

Green hydrogen holds the potential to decarbonize critical sectors and provide clean energy solutions. However, it accounts for less than 1% of global hydrogen production. Targeted interventions are required to facilitate a smooth transition toward a green hydrogen economy.

IH2A submits plan for $5 billion national green hydrogen hubs by 2030

Industry body India Hydrogen Alliance has submitted a plan to the government to build five large national green hydrogen corporations with a collective enterprise value of $5 billion by 2030. The plan shows public finance support, in the form of CAPEX and offtake incentives for National Green H2 Hubs, is crucial for creating financially viable green hydrogen infrastructure, especially in the initial 2024-30 period.

Global battery market forecast to grow 186% by 2025

CEA’s Energy Storage System (ESS) Supplier Market Intelligence Program (SMIP) offers a biannual market report about the leading global lithium-ion battery cell manufacturers and energy storage system integrators.

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