Battery energy storage in 2022
Battery swapping, solid-state batteries, second-life batteries, evolution from lithium to novel chemistries, and Cloud-based battery management system were the key trends in battery energy storage during the year.
Larsen & Toubro lands power EPC job for green hydrogen plant in Saudi Arabia
The Indian multinational EPC contractor has secured the power grid and power generation works for the 600 tpd green hydrogen plant being built by NEOM Green Hydrogen Co. in Saudi Arabia.
Neuron Energy to invest INR 50 crore in lithium battery pack business
The Mumbai-headquartered lithium battery manufacturer plans working capital finance of INR 35 crore and equity investment of INR 15 crore to increase production capacity and fulfil orders from large OEMs.
Servotech to install solar-plus-storage carport with EV charging at MNRE premises
Servotech Power Systems will deploy a 5 kW solar carport paired with lithium battery storage and two 11 kW DC fast EV chargers at the Ministry of New and Renewable Energy’s (MNRE) premises in Delhi.
Ayana, NTPC win MSEDCL’s renewables-plus-storage tender
The tender for 250 MW of flexible and schedulable power from renewable sources with energy storage drew the lowest bid of INR 9 ($0.11)/kW.
US to deploy 30 GW/111 GWh of grid-scale energy storage by 2025
The US energy storage market hit an inflection point in 2020. The Energy Information Administration expects the deployment of grid-scale storage to pick up over the next three years.
Greenko wins tender for 3 GWh of energy storage
The developer has won NTPC Renewable Energy Ltd’s tender for 3 GWh of energy storage capacity. Its pumped storage bid was the lowest in the technology-agnostic tender that saw participation from multiple technologies.
Australia’s Cavendish Renewable signs hydrogen electrolyzer agreement with Adani arm
The Melbourne-based electrolyzer specialist has signed a technology development and licensing agreement with Adani New Industries Ltd.
Power minister launches transmission system plan for over 500 GW renewables capacity by 2030
India’s Ministry of Power has chalked out a comprehensive plan for the evacuation of power from the planned 500 GW of renewables capacity by 2030. The plan envisages an additional transmission system and the installation of battery energy storage capacity.
Panasonic unveils vehicle-to-home system for PV-powered homes
Panasonic claims that its new vehicle-to-home system can increase the self-consumption rate of residential solar and storage capacity to 90%.
