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.
Aether Industries secures electrolyte additive contract with lithium battery producer
Aether Industries has announced entry into the electrolyte additives and battery space after a substantial contract signed with an undisclosed lithium-ion battery producer.
“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.
CubicPV announces $1 billion long-term silicon supply agreement
OCIM, a South Korean polysilicon manufacturer, will supply CubicPV with U.S.-compliant silicon for development of solar wafers.
Germany sets new ceiling prices for solar auctions
The German grid agency has set a ceiling price of €0.0737 ($0.081)/kWh for ground-mounted PV and €0.1050/kWh for rooftop solar installations.
German decommissioned nuclear plant to become 800 MW/1,600 MWh battery
PreussenElektra has revealed plans to potentially develop Europe’s largest battery storage facility at the decommissioned Brokdorf nuclear power plant site in Germany, with 800 MW/1,600 MWh of capacity. The site operator now needs to secure approval to dismantle the nuclear plant.
Prime minister Narendra Modi lays foundation stone of 800 MW solar park in Chitrakoot
The 800 MW solar park will be developed by a joint venture of state-owned hydropower producer THDC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA).
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.
Vikram Solar signs 152 MW module supply contract with NTPC
Vikram Solar will supply mono PERC bifacial PV modules to NTPC’s Nokh solar power project in Rajasthan. This order will take Vikram Solar’s cumulative NTPC portfolio to 947 MW.
Ambuja Cements commits INR 6,000 crore to 1 GW of solar, wind power projects
Ambuja Cements Ltd, part of the diversified Adani Group, plans investment in 750 MW of new renewable power generation capacity in Gujarat (600 MW solar and 150 MW wind) and a 250 MW solar power project in Rajasthan as it pursues cost reduction and environment sustainability across its cement manufacturing operations. The company will fund these projects through internal accruals.
