Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA
The International Energy Agency (IEA) has published its “World Energy Outlook 2022” report. It expects the energy crisis triggered by Russia’s invasion of Ukraine to accelerate the global energy transition.
Non-flammable, graphene-based lithium-ion batteries approaching stationary storage market
US-based Nanotech Energy’s graphene battery uses proprietary electrodes with a thermally stable separator, and non-flammable electrolyte that is said to be inexpensive to manufacture. The technology is said to be superior in terms of safety and competitive in terms of cell performance.
EKI Energy, First Source launch climate edtech, finance venture
EKI Energy and First Source Energy have launched a joint venture entity that will drive focused educational initiatives while also mobilising funds from global markets for sustainable climate projects across the globe.
SunEdison changes its name to Refex Renewables & Infrastructure
Tamil Nadu-headquartered SunEdison Infrastructure Ltd will now be known as Refex Renewables & Infrastructure Ltd.
PV InfoLink forecasts polysilicon prices to be halved by end of 2023
The consulting firm expects prices to decline gradually through the first semester of 2023, followed by an accelerated decline in the second half of the year, with prices falling from the current CNY 300 ($36.64)/kg to below CNY 150/kg by the end of 2023. Polysilicon production capacity may increase from 500 GW in 2022 to 975 GW next year.
Jakson Green to develop $2.8 billion green ammonia and green hydrogen project in Rajasthan
Jakson Green, a new energy platform backed by Jakson Group, will set up a 365,000 tons per annum green hydrogen and green ammonia plant in Rajasthan. It will develop the plant, along with an integrated hybrid renewable power complex, in phases with a cumulative investment of about INR 22,400 crore.
Reliance Industries to restructure group EPC resources
India’s Reliance Industries Ltd (RIL) is realigning its engineering, procurement, and construction (EPC) resources to create a focused EPC undertaking for implementing its large projects across New Energy, oil-to-chemicals, and 5G roll-out.
Borosil Renewables completes acquisition of 86% in Europe’s largest solar glass maker Interfloat Group
Borosil Renewables had signed a binding offer for 100% equity in Interfloat Group, Europe’s largest solar glass manufacturer, in April this year.
Grid-tied PV system synchronization techniques at a glance
Indian researchers have compiled an extensive review of all existing synchronization techniques for grid-connected PV systems. They divided the methods into open-loop and closed-loop systems and provided what they defined as a basic conceptual framework to develop superior grid-tied systems.
Ambri, Reliance Industries sign MoU on liquid-metal battery pilot
Reliance, a strategic investor in US-based Ambri, is purchasing Ambri’s liquid-metal battery system for demo installation as part of its broader energy storage manufacturing plans and deployments in India.
