While transitioning to renewable energy and widespread adoption of batteries is a must, recycling cannot be an afterthought. It must be built into design and supply chain decisions.
The scheme will extend financial support to 15 states and NTPC, with INR 18 lakh per MWh allocated for each project. Of the total 30 GWh target, 25 GWh will be distributed among 15 states to meet their energy storage needs, while 5 GWh will be allocated to NTPC.
Larsen & Toubro has secured an order from JSW Energy to execute civil works for the 1.5 GW Bhavali pumped storage project in Maharashtra.
Anker Solix has unveiled the F3000, a 3-kWh portable power station designed for home backup and off-grid use in the United States and Canada, featuring fast charging, EV and generator compatibility, and scalable capacity up to 12.3 kWh.
THDC India Ltd, a subsidiary of NTPC Ltd, has commissioned the first unit of 250 MW of its 1 GW variable-speed pumped storage hydro power project in Uttarakhand.
Strategically located at the Gopalpur port hub, the plant will meet both domestic and global demand for green ammonia—enabling decarbonization across key industrial sectors.
Maxvolt Energy plans to set up a recycling and repurposing plant close to its lithium battery manufacturing unit in Ghaziabad, enabling better supply chain integration and operational efficiency.
Insurers caution that key blind spots remain for energy storage developers going through the underwriting process.
ACME Group has reaffirmed its commitment to establish a green hydrogen and ammonia project in India at Gopalpur, Odisha. The project, to be set up within Tata SEZ, will produce 400,000 tonnes of green ammonia annually.
The residential solar company has been in a downturn for more than a year, with earnings misses, layoffs, changes in leadership and cancellation of a $3 billion loan guarantee.
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