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Global battery market forecast to grow 186% by 2025

CEA’s Energy Storage System (ESS) Supplier Market Intelligence Program (SMIP) offers a biannual market report about the leading global lithium-ion battery cell manufacturers and energy storage system integrators.

KPI Green secures 40 MW wind-solar hybrid project

The Gujarat-based developer has secured the letter of intent from Anupam Rasayan India to build a 40 MW wind-solar hybrid project for captive consumption.

ReNew trims net loss to $61 million in FY 2023

ReNew Energy Global posted a net loss of $61 million for FY 2022-23, compared to $196 million for FY 2021-22.

PV-powered offgrid air conditioner for building applications

A British research team has investigated the technical feasibility of an air conditioning unit powered exclusively by solar-plus-storage and has found that two 130 Ah batteries charged by two 400 W solar panels are capable of supporting the system during the night.

Bangladesh introduces fiscal breaks for solar-powered water desalination

Bangladesh has introduced tax exemptions to reduce water production costs and promote the use of solar power in 19 coastal districts. This initiative comes in response to grid electricity shortages caused by a decline in coal and fuel imports. The goal is to enhance reliance on solar-powered water desalination in these areas.

Torrent signs MoU for 5.7 GW of pumped hydro storage in Maharashtra

Torrent Power has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop a cumulative 5.7 GW of pumped hydro storage capacity in Maharashtra.

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Saltwater redox flow battery with integrated ultracapacitor

US-based Salgenx says it has successfully integrated ultracapacitors with its saltwater redox flow batteries, resulting in significantly better power response and system performance.

NHPC exploring pumped storage development

The state-owned hydropower producer is exploring pumped storage development in Andhra Pradesh, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, and Odisha.

Lohum introduces 5 kWh storage system made of second-life EV battery

Noida-headquartered Lohum has introduced a 5 kWh energy storage system under its collaboration with MG Motor India to develop second-life solutions for used EV batteries.

NTPC’s 20 MW Gandhar solar project now fully operational

The 20 MW Gandhar solar project in Gujarat is now fully operational, with its second portion of 10 MW commissioned recently.

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