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Energy Storage

Tata Power to develop 2.8 GW of pumped hydro projects in Maharashtra

Tata Power has signed a Memorandum of Understanding (MoU) with the government of Maharashtra to develop 2.8 GW of pumped hydro storage projects in the state. The cumulative project cost is estimated at INR 13,000 crore.

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India needs 60-100 GW of electrolysis capacity to meet 5 MMT per year green hydrogen target

India’s National Green Hydrogen Mission targets the development of 5 million metric tonnes of green hydrogen production capacity per annum by 2030, which would require the nation to install 60-100 GW of electrolyzer capacity.

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BPCL targets EV charging facility at 7,000 fuel stations by December next year

Bharat Petroleum Corp. Ltd plans to convert 7,000 of its fuel stations into complete energy stations by equipping them with electric vehicle charging facilities by Dec. 2024.

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Preheating hydrogen with heat pumps may reduce cost of green H2 for heating by 10%

UK researchers suggested utilizing heat pumps to preheat hydrogen to very high temperatures, which they said could reduce the need for hydrogen by more than 20%. The process is also claimed to have the potential to reduce the European industry’s energy demand by approximately 200 TWh per year.

Australia’s latest tender for generation, storage largely oversubscribed

Investors have submitted bids for 3.1 GW of wind and solar projects, along with 1.6 GW of long-duration storage projects, in response to the New South Wales government’s latest tender for renewable energy generation and storage capacity.

Australian startup builds production line for thermal energy storage blocks

Australia-based MGA Thermal has secured AUD 8.25 million ($5.39 million) from domestic and international investors as it gears up for commercial-scale production of its thermal long-duration energy storage solution.

Solar, storage, and V2G at the core of Israel’s future energy system

New research has shown that Israel has the technical potential to deploy 172.5 GW of photovoltaics, of which 132.1 GW would be from conventional installations and 40 GW from agrivoltaics. If deployed, this full potential would require energy storage with a capacity of at least 500 GWh and strong development of vehicle-to-grid technologies.

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C4V, Trot Solutions tie up to develop green ports in India

C4V, a New York-headquartered lithium-ion cell technology company, has tied up with UAE-based Trot Solutions to develop green ports in India. The alliance has started to discuss with the port operators for its first green port project at Jawaharlal Nehru Port Terminal in India. 

Energy Vault completes 25 MW/100 MWh gravity-based storage tower in China

Energy Vault has started commissioning a 25 MW/100 MWh energy storage tower adjacent to a wind power facility near Shanghai.

Romania resumes development of 1 GW pumped hydropower project

Romania is resuming the development of the Tarniţa Lăpuşteşti pumped hydro storage project, with a planned capacity of 500 MW to 1 GW. It will be the first installation of its kind in the country.

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