The case for using gas-based plants to serve peak power demand
Using some of India’s existing gas-based power capacity as peaking plants would be more economical than the other options in the short-term market for peak power supply. Gas-based power plants can provide ancillary services to maintain the grid’s power quality, reliability, and security as renewable energy capacity increases, says a new report by IEEFA.
India can achieve energy independence by 2047 through clean technology: Study
Berkeley Lab study shows how deep cost reductions in clean technology and India’s renewable and lithium edge can enable a pathway for cost-effective energy independence by 2047.
Ocior Energy to build green hydrogen, ammonia plants in Andhra Pradesh and Gujarat
Ranjit Gupta-led Ocior Energy has committed a cumulative investment of INR 80,000 crore to build two green ammonia facilities of 1mtpa each in Andhra Pradesh and Gujarat.
PTC India partners Belgium’s N-Side on predictive solution for power market
PTC India Ltd will work with N-Side, Belgium, to develop a predictive solution for the Indian power markets.
GameChange Solar promotes Vikas Bansal to President, International
In the new role, Vikas Bansal is tasked with scaling the international business of GameChange Solar, developing and executing the strategy to enter new markets, and developing delivery capabilities needed to cater to the exponential growth.
BrightNight partners with ACEN to develop over 1.2 GW hybrid renewable energy projects in India
ACEN Corp., the renewable energy arm of Filipino conglomerate Ayala Corp., will deploy $250 million equity plus related performance guarantees to support US-based BrightNight’s existing hybrid renewable energy portfolio and future growth in India.
Study shows symbiotic effect of heat pumps and residential solar
SolarPower Europe says in a new report that households in Germany, Spain, and Italy can more than triple their savings by pairing PV with heat pumps. It said this combination helped families to save between 62% and 84% on their annual energy bills in 2022.
Vena Energy achieves financial closure for 176 MW wind-solar project in Karnataka
The project comprising 48 MW of solar and 128 MW of wind capacity, is expected to start commercial operation by the end of December.
Thermax enters green hydrogen market in partnership with Australia’s Fortescue Future Industries
Pune-based Thermax has partnered with Australia’s Fortescue Future Industries to explore opportunities for the joint development of fully integrated green hydrogen projects for commercial and industrial customers in India. They also contemplate collaborating on electrolyzer and subsystem manufacturing facilities to support green energy projects in India.
Adani to develop 15 GW of renewable energy projects in Andhra Pradesh
Adani Group has committed to building 15 GW of renewable power projects in Andhra Pradesh, while Reliance announced its 10 GW solar plans for the state. Avaada, Greenko, Indosol, and ReNew have also pledged massive investments into the state’s renewables sector.
