Honeywell invests in US iron flow battery specialist ESS
Honeywell purchased $27.5 million in ESS common stock and intends to purchase $300 million in ESS product, with $15 million prepaid. The collaboration enables Honeywell to integrate ESS technology into its global offering, and ESS gains license to Honeywell’s flow battery intellectual property.
India needs $15 trillion to achieve net zero by 2070, says FICCI-Deloitte report
To decarbonize the grid, India needs to add 40-50 GW of grid-scale renewable energy (solar and wind) capacity every year for the next few decades and phase out coal.
NTPC, Syama Prasad Mookerjee Port tie-up for green hydrogen hub
NTPC Green Energy Ltd and Syama Prasad Mookerjee Port have signed a memorandum of understanding for the development of a green hydrogen hub at the Kolkata port.
Serentica secures INR 3,000 crore from REC
The debt funding from REC will support Serentica in developing its 560 MW of wind and solar capacities in the state of Karnataka.
LUXRA, Rayzon Solar to form JV for PV module production in India
Swiss-Germany company LUXRA Group and India’s Rayzon Solar have agreed to form a joint venture for PV module production in India. The partnership will combine LUXRA’s technology and Rayzon’s operational expertise in PV panel manufacturing.
Recycling solar panels via supercritical water tech
A Brazilian research group has developed a new method that uses the unique properties of supercritical water to recycle end-of-life solar panels. The scientists claim the novel approach is able to achieve a 99.6% organic degradation, without using toxic or hazardous chemicals.
Briggs & Stratton launches new lithium iron phosphate battery packages
The battery packages include a battery, an inverter and a control system. The US manufacturer claims its storage systems have a lifespan of over 10,000 cycles and a depth of discharge of 80%.
China solar cell prices hit record lows
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.
Tesla proposes battery storage factory in India
Tesla has submitted a proposal to the Indian government to set up a battery storage factory in India as the company looks to develop Powerwall business in the nation.
KPI Green awarded 145.2 MW wind-solar hybrid project by Ayana
KPI Green will build the 145.2 MW wind-solar hybrid project in Gujarat. The project is scheduled to be completed in the financial year 2024-25.
