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Energy Storage

Israel’s Brenmiller signs MoU with Waaree Energies to deploy thermal energy storage projects in India

Brenmiller and Waaree will jointly explore, develop, and deploy solar-powered thermal energy storage projects in India.

Hero Future Energies signs $756 million MoUs with REC, PFC

Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) will extend INR 3,100 crore (($378 million) each to support Hero Future Energies’ upcoming renewable energy projects. 

Australian startup unveils new wall-mounted residential EV chargers

Evos, an Australian startup specializing in electric-vehicle charging technology, has unveiled its first home chargers. The 7 kW wall-mounted devices are designed to add driving range to EVs for every hour they are plugged in.

UK coal-fired power plant site to host 1,040 MW/ 2,080 MWh battery

Independent energy infrastructure developer Carlton Power has secured planning consent for a 1,040 MW/ 2,080 MWh battery energy storage system (BESS). The project is expected to strengthen the resilience of the energy system in northwestern England.

Torrent Power launches public EV charging stations

The integrated power utility has collaborated with Siemens to develop the electric vehicle (EV) charging network. It has set up four EV charging stations in the Ahmedabad district of Gujarat initially and plans to cover more cities in the future.

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PFC signs MoUs for clean energy lending worth around $29 billion

Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.

Energy communities operating on hydrogen, batteries

Researchers in Spain have studied the impact of hydrogen production and storage technologies in risk management for energy communities with internal price-tariff systems. They found that the optimal involvement in futures markets and spot markets will depend on a community’s risk aversion and self-sufficiency.

ReNew signs MoUs worth $7.8 billion for green energy projects

Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.

Acme secures $488 million REC loan for green hydrogen, ammonia project in Oman 

REC has also agreed to lend INR 21,000 crore for Acme’s 380 MW round-the-clock renewables plant, the first phase of Odisha and Tamil Nadu green ammonia projects, and 600 MWh of pumped hydro project. 

HPCL building 370 tpa green hydrogen plant in Andhra Pradesh

Hindustan Petroleum Corp. Ltd (HPCL) is setting up a 370 tpa (tonnes per annum) green hydrogen plant at its Visakhapatnam Refinery in Andhra Pradesh.

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