‘Renewables will eat itself,’ says Australian analyst
Over the next five to 15 years, batteries will undercut the business case for major transmission and interconnector projects. These assets will nonetheless likely be built, decreasing price spreads and eating into the revenues of batteries, predicts analyst Warwick Johnston.
Avaada Group closes $1.3 billion funding round
The integrated energy company has closed $1.3 billion in financing for its green hydrogen, green methanol, green ammonia, solar manufacturing, and renewable power generation ventures.
Delhi’s aggressive EV timelines may hit gig workers’ livelihood: IAMAI
The recently released Delhi motor vehicle aggregator and delivery service provider scheme envisages that aggregators and delivery service providers in Delhi will switch to an all-electric fleet by April 1, 2030.
Lhyfe launches world’s first offshore hydrogen project
Lhyfe has started producing offshore hydrogen via a pilot project in France, and Toyota and its partners have agreed to invest in hydrogen in Thailand. The Australian authorities, meanwhile, have approved a hydrogen project in Victoria.
India’s first hydrogen train to run on Jind-Sonipat route
Indian Railways plans to run 35 hydrogen trains on various heritage and hill routes in India.
Epsilon Advanced Materials plans $650 million EV battery anode facility in USA
India’s Epsilon Advanced Materials will invest $650 million to set up a graphite anode processing facility in the USA. The facility will produce high-capacity synthetic anode materials for electric vehicle (EV) batteries.
Panasonic introduces new home battery
Panasonic’s EverVolt home battery supports DC and AC coupling for new and existing solar arrays.
Global sodium-ion battery market expected to reach $2.6 billion by 2028
The global sodium-ion battery market will grow at 16.2% annually to touch $2.6 billion by 2028. Major drivers include an increasing demand for these batteries as a lithium battery replacement for renewable energy storage and the growing trend towards low-speed electric cars.
India and Egypt talk renewable energy, green hydrogen
Hassan Allam, chief executive officer of Egypt’s Hassan Allam Holding Co., discussed cooperation with Indian companies in renewable energy and green hydrogen, during his recent meeting with India’s prime minister Narendra Modi.
Solar passports to support PV waste management in India
A new study proposes a blockchain-based solar passports framework to address the PV waste management challenge in India. It says such a framework would enable transparent tracking and verification of PV panels throughout their lifecycle, ensuring efficient asset monetization and promoting sustainable practices within the solar industry.
