PM Modi stresses on democratization of solar manufacturing, technology
“Solar manufacturing and technology must be democratized to help developing countries. Empowering the least developed countries and small island developing states should be a top priority,” said prime minister Narendra Modi in his inaugural address at the first International Solar Festival 2024.
India’s decarbonization presents $12 trillion opportunity in clean technologies
A BloombergNEF study estimates India’s energy sector investment and spending under its net-zero scenario at $12.4 trillion over 2024-50, 34% (or about $3 trillion) higher than in the economic transition scenario.
India to host 2nd edition of International Conference on Green Hydrogen from Sept 11-13
The three-day event in New Delhi will bring together thought leaders, policymakers, industry experts, and innovators from around the world to explore the latest advancements in green hydrogen technology.
L&T creates renewable EPC vertical
Larsen & Toubro (L&T) has carved out renewable business vertical amid energy transition led growth in its infrastructure segment.
EVLO introduces 5 MWh containerized battery energy storage system
EVLO Energy Storage has developed a 5 MWh battery system with a two-hour to four-hour duration in a 20-foot container.
Reliance to commercialize perovskite, back-contact HJT-IBC solar by 2026
Reliance Industries’ new energy business is currently developing first-generation bifacial solar panels using indigenized HJT technology with 26% cell efficiency. It is also working on perovskites and back-contact HJT-IBC, which it expects to commercialise within the next two years.
Avid signs Australian supply deal for nickel-hydrogen storage solution
Western Australian energy solutions provider Avid Group has signed a master supply agreement with United States-headquartered company Enervenue which manufactures nickel-hydrogen batteries it says are capable of more than 30,000 duty cycles at two to 12-hour discharge rates.
Exide Industries invests INR 75 crore in lithium battery arm
Exide Industries Ltd has invested INR 74.99 crore in lithium battery arm Exide Energy Solutions by way of subscription to the equity share capital on rights basis.
The Hydrogen Stream: SECI invites proposals to develop green hydrogen hub infrastructure
Solar Energy Corp. of India (SECI) has invited proposals to develop the core infrastructure required for setting up of green hydrogen hubs under the National Green Hydrogen Mission. Bidding closes on Oct.7.
Battery storage costs must fall by 15% per year to avoid new coal capacity additions after 2030 in India
If battery energy storage costs fall 15% every year on an average, it would enable India to potentially limit its coal capacity to the 14th National Electricity Plan projection of 260 GW by 2032, says a new report by global think tank Ember and TERI.
