Energy Storage

Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have identified a high-energy, high-power hybrid sodium-ion battery capable of charging in just a few seconds. The system integrates anode materials typically used in batteries with cathodes suitable for supercapacitors.

The green hydrogen will be used as combustion fuel in HVOF coating of turbine underwater parts in addition to generating electricity through its 25 kW capacity.

An African Development Bank (AfDB) report covering critical takeaways from the ARE Energy Access Investment Forum 2023 says that challenges in financing, policy, technology, and skills enhancement must be overcome to support the deployment of distributed renewable energy minigrids across Africa.

Baud Resources, a cleantech start-up, has developed a gravity energy storage mechanism that uses locally available materials like sand and industrial waste as its payload. The company is expected to announce its inaugural commercial plant by the end of this year, with completion expected in 2025. The plant will have a 100 MWh capacity and offer a levelized cost of storage of around INR 2.5/kWh.

Bids were received for seven times the manufacturing capacity of 10 GWh to be awarded.

Sterling and Wilson Renewable Energy has reported consolidated revenue of INR 3,035 crore in FY 2024, 51% up year-on-year. The company’s unexecuted order book surpassed INR 8,000 crore.

Development of an 800 MW/ 9,600 MWh pumped hydro project in the Central-West Orana Renewable Energy Zone in New South Wales, Australia, is now moving forward, as renewables company Acen Australia has started geological works on site.

Greenzo Energy has secured a $6 million order to set up a 2.5 MW green hydrogen project integrated with a solar and water treatment plant in Karnataka. The offtaker is a steel producer.

Indus Towers has signed a memorandum of understanding with NTPC Green Energy Ltd (NGEL) to explore joint development of grid-connected renewable energy based power projects including solar, wind, energy storage, etc.

The green ammonia project to be developed in Paradip, Odisha, will have a green ammonia production capacity of around 100,000 tons per year by 2030. JERA will be the offtaker for the project.