China’s battery price war catalyses global energy storage innovation
The plummeting costs of energy storage, driven by China’s relentless price war, are expected to catalyse more economic deployments worldwide. Lithium iron phosphate (LFP) batteries are surging in market share due to their lower costs and higher cycle life compared to nickel-based lithium-ion batteries.
Hindustan Zinc secures supply deal with US-based battery developer
Hindustan Zinc will be the preferred supplier of zinc for the US-based battery company AEsir Technologies.
Amara Raja increases stake in InoBat to 9.32%
Amara Raja Energy & Mobility has increased its stake in EV battery specialist InoBat to 9.32% with a further investment of EUR 20 million into the company.
AMPIN Energy Transition wins its third consecutive utility bid within a month
AMPIN Energy Transition (formerly Amp Energy India) has won a 246 MWp wind-solar hybrid project in an auction by Solar Energy Corp. of India (SECI). This marks its third utility-scale renewable energy project win within a month.
Waaree Energies to supply 280 MW of n-type TOPCon solar modules to Mahindra Susten
Waaree Energies has secured the contract to supply its ELITE Series n-type TOPCon 580 Wp modules for Mahindra Susten’s PV projects in Bikaner, Rajasthan.
Another bidding extension for 25 MW AC solar plant with 20 MW/50 MWh battery storage in Leh
Solar Energy Corp. of India (SECI) has announced third bidding extension for the installation and commissioning of a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery storage in Leh.
Adani Group to invest more than $100 billion in energy transition over the next decade
Next decade will see Adani Group invest more than $100 billion in the energy transition space and further expand its integrated renewable energy value chain—chairman Gautam Adani at CRISIL Ratings Annual Infrastructure Summit 2024.
IFC to finance Brookfield’s 550 MWp Bikaner solar power project
International Finance Corp. (IFC) has committed $105 million to Brookfield Asset Management’s 550 MWp solar power project in the Bikaner district of Rajasthan.
Mahagenco launches 65 MW AC solar EPC tender
Maharashtra State Power Generation Co. Ltd. (Mahagenco) has invited bids for setting up a 65 MW AC grid-interactive solar plant on EPC basis in Maharashtra. Bidding closes on July 30.
Gautam Solar to showcase TOPCon glass-glass bifacial panels at Intersolar Europe 2024
Gautam Solar’s TOPCon glass-glass bifacial panels are available in power range of 580 Wp to 590 Wp with maximum efficiency up to 22.84%.
