India has awarded more than 8 GW of utility-scale energy storage in tenders as of November
A new report by IEEFA and JMK Research says energy storage systems are poised to attract the highest investment of all emerging renewable energy sectors this decade, concurrent with the increasing penetration of renewable energy in the nation’s electricity grid.
India exported solar modules worth $1,136 million in April-October this year
India’s solar PV module exports in the April-October period of the current fiscal 2023-24 have surpassed module exports in the twelve months of the last fiscal.
AmpIn Energy appoints Amit Kumar Mittal as COO-C&I Business
Amit Kumar Mittal has previously worked with Radiance Renewables, First Solar, Reliance Power, and Nuclear Power Corp.
KPIT unveils sodium-ion battery with energy density of up to 170 Wh/kg
KPIT, an India-based automotive software and engineering solutions supplier, has unveiled its proprietary sodium-ion battery technology, and is now on the lookout for manufacturing partners. Ravi Pandit, chairman of KPIT, tells pv magazine, that that the company has developed multiple variants with energy density ranging from 100 Wh/kg to 170 Wh/kg, and potentially reaching 220 Wh/kg.
21 companies bid for electrolyzer incentives in India
The government’s production-linked incentive (PLI) scheme for electrolyzer manufacturing has received an overwhelming response with bids received for 2.28 times the capacity to be awarded.
“Energy security of the nation can’t be achieved with renewables alone”: Power minister
RK Singh, union minister for power and new & renewable energy, stated recently that the dependence on coal-based generation is likely to continue till cost-effective energy storage solutions are available.
Gentari, IHI sign MoU to develop green ammonia value chain
Petronas arm Gentari and Japan’s IHI have signed a Memorandum of Understanding (MoU) to jointly develop a global green ammonia value chain and commercial demonstration of ammonia-powered gas turbine.
PLI Scheme will boost indigenous production of solar panels: Union minister Bhagwanth Khuba
The Union Minister of State for New & Renewable Energy, Bhagwanth Khuba, also exhorted the manufacturers to be reasonable in pricing solar modules and not take undue advantage of basic customs duty by spiking domestic panel prices.
China’s monocrystalline PERC cell prices extend losses while TOPCon cells hold steady
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Sterling and Wilson Renewable Energy raises INR 1,500 crore through QIP
Sterling and Wilson Renewable Energy’s INR 1,500 crore ($180 million) qualified institutions placement issue received an overwhelming response from both domestic mutual funds and marquee global foreign institutional investors.
