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Renewables offer $350 billion investment opportunity by 2030, says Aspire Circle India

A new report by Aspire Circle India estimates the potential of renewable energy and the clean-tech sector according to parameters such as revenue and job creation by 2030, and highlights the top 10 areas for investment.

Sharp begins developing zinc-air flow batteries for renewables storage

Sharp is developing a zinc-air battery tech for renewables storage. The device will be reportedly safer than their lithium-ion counterparts, with high energy densities.

Reliance Industries presents scaled-up solar, battery ambitions 

Reliance Industries says that production will begin at its 10 GW factory for solar cells and modules by 2024. It plans to double the facility’s capacity to 20 GW by 2026 and is aiming for 50 GWh of annual cell-to-pack battery capacity by 2027.


ABB India upgrades smart power factory to Industry 5.0 

ABB has adopted Industry 5.0 production processes at its smart power solutions factory in Bengaluru. With “cobots” working alongside humans, the factory’s productivity has improved by 40%, while energy productivity has gone up by more than 15%.

Belgian manufacturer unveils 400 W black glass-glass heterojunction solar module for residential applications

Belinus has released a new solar panel with a power conversion efficiency of 22.0% and a temperature coefficient of -0.25% per degree Celsius.

Avaada to invest $5 billion in green hydrogen, ammonia plant with 6 GW captive renewables in Rajasthan

Ravi Verma, senior executive vice president at Avaada, told pv magazine that the Group would invest $5 billion into setting up an integrated green hydrogen and ammonia plant with 6 GW of captive renewable energy capacity in the state. The green ammonia facility will have a production capacity of 1 million tons per annum. 


India’s power market design must evolve as renewables’ share rises, says IEEFA  

A new report by IEEFA says India’s power market design must evolve to transition faster to an ultra-low-cost renewable energy-based electricity system. 

Ohmium, Shell to jointly explore green hydrogen projects

The India arm of energy giant Shell and USA-based electrolyzer specialist Ohmium have signed an agreement to cooperate on green hydrogen applications, markets, and project opportunities. 

Long-term, heat-based energy storage in aluminum

Nine partners from seven European countries are involved in the €3.6 million ($3.7 million) “Reveal” research project, which says buildings could be heated in the future by storing energy from PV, wind and water in aluminum.

PV with gravity storage, redox flow batteries in buildings

Indian researchers have developed a new hybrid system featuring a conventional rooftop PV system, a solar tree, two gravity power modules for building (GPMBs), and a vanadium redox flow battery (VRFB), with power exclusively provided by the two solar installations.

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