Swedish zinc-ion battery startup secures funding for megafactory
Enerpoly, a Swedish startup that produces zinc-ion battery storage systems with durations of two to 10 hours, plans to scale production up to 100 MWh per year by 2026.
Australian firm secures PPA for 700 MW of floating PV plus battery in Sri Lanka
Australia’s United Solar Group has secured a power purchase agreement (PPA) for 700 MW of floating solar and a 1.5 GWh battery project in Kilinochchi, Sri Lanka.
ADB to lend $200 million for climate-resilient power system in Uttarakhand
The project will modernise Dehradun city’s power network infrastructure by introducing an advanced and climate-resilient underground cable system comprising 537 km subterranean cables, 354 ring main units, and 99 compact substations.
Erisha E-Mobility, Uttarakhand Govt sign MoU worth INR 1,900 crore
Erisha E-Mobility and the Uttarakhand Government have signed a Memorandum of Understanding (MOU) to establish an electric vehicle (EV) park and deploy 100 state-of-the-art EV charging hubs across Uttarakhand.
Tata Power Renewable Energy signs power delivery agreement for 13.2 MW C&I solar plant
Tata Power Renewable Energy will develop a 13.2 MW solar plant for power supply to Force Motors and Jaya Hind Industries.
UltraTech Cement targets 85% green energy in its total energy mix by 2030
Currently, UltraTech Cement has a green energy capacity of 691 MW (262 MW from waste heat recovery systems and 429 MW contracted renewables), which meets about 22% of its current electricity requirements.
Cost of battery-based energy storage, INR 10.18/kWh, expected to reduce with VGF and PLI Schemes
Currently, the cost of battery-based energy storage in India is INR 10.18/kWh, as discovered in a SECI auction for 500 MW/1000 MWh BESS. The government has launched viability gap funding and Production-Linked Incentive (PLI) schemes to make battery storage affordable.
Nextracker hits 10 GW milestone in Middle East, Africa, and India solar power markets
Nextracker’s smart solar trackers are now either operational or under fulfillment for 10 GW of PV projects located in the Middle East, Africa, and India.
Gates-backed Fourth Power pilots thermal storage based on TPV cells
Fourth Power, backed by Bill Gates’ venture firm, has developed high-density thermal energy storage based on thermophotovoltaic cells. The tech, which is reportedly 10 times cheaper than lithium-ion batteries, is based on the U.S. company’s patented liquid metal heat transfer system.
Mitigating solar supply chain challenges
Large-scale solar projects in India are facing delays of at least two-three months. The primary reason is Indian companies’ dependency on Chinese products and equipment, which may result in shipping delays and cost fluctuations. But, many companies in India have their solar module stocks already ready and can provide their products at the same price as Chinese brands, Tanmoy Duari, CEO, AXITEC Energy India, tells pv magazine.
