The Hydrogen Stream: Advait signs alkaline electrolyzer deal with China’s Guofu Hydrogen
Advait Infratech has signed a technology licensing agreement to gain access to Guofu Hydrogen Energy’s technology for alkaline electrolyzer production.
Tata Power signs MoU for 2.8 GW pumped hydro storage in Maharashtra
Tata Power has signed an agreement with the state government of Maharashtra to develop two large pumped hydro storage projects with a combined capacity of 2.8 GW in the state.
Uttar Pradesh launches 1.2 GWh battery storage tender
Uttar Pradesh Power Corp. Ltd (UPPCL) has invited bids from developers to set up 1,200 MWh (300 MW x 4 hours) of standalone battery energy storage systems for on-demand use during peak and off-peak hours. It will enter into a battery energy storage purchase agreement with the successful developers.
Advait Infratech net profit rises 300% yoy in Q1
Advait Infratech has reported a net profit (profit after tax) of INR 583.16 lakh in the April-May-June quarter of FY 2024-25, around 300% increase over INR 146.48 lakh profit for the corresponding period of the last fiscal.
GSECL secures PPA for 35 MW/57 MWh solar-plus-storage project
Gujarat State Electricity Corp. Ltd has secured a power purchase agreement with Gujarat Urja Vikas Nigam Ltd for its 35 MW solar PV with 57 MWh battery energy storage project.
Amazon partners Gentari to deploy electric vehicles in India
Amazon has partnered with Gentari to deploy more three-wheeler electric vehicles for Amazon deliveries.
Avaada Group signs MoU for 2.75 GW of pumped storage projects in Maharashtra
Avaada Group has signed an agreement with the Government of Maharashtra for the development of two pumped storage projects with a combined capacity of 2.75 GW in Maharashtra.
The Hydrogen Stream: Clean ammonia supplies set to soar, says BNEF
BloombergNEF says clean ammonia supplies could expand by 30 times to 32 million tons by 2030, while MAX Power Mining has roughly tripled the size of its Rider Natural Hydrogen Project in western Canada.
Amara Raja secures lithium battery, EV charger deal with Piaggio India
Amara Raja has signed the agreement to develop and supply lithium-ion cells, battery packs, and chargers for Piaggio electric vehicles in India.
India 2024-25 budget: A strategic and holistic focus on energy sector
India’s 2024-25 budget reflects a strategic and holistic approach to the energy sector, emphasising sustainability, innovation, and energy security. By promoting pumped storage, advancing nuclear technology, transitioning to emission targets, and supporting renewable energy and energy efficiency, the budget lays a strong foundation for a sustainable and resilient energy future
