India’s expanding battery energy storage ecosystem presents INR 3.5 trillion investment opportunity till FY 2032
An SBICAPS report says funding of the battery energy storage ecosystem in India (spanning the project as well as the upstream level) presents an INR 3.5 trillion opportunity till FY32, with an INR 800 billion medium-term investment potential provided by upcoming cell manufacturing capacities.
Rajasthan, Gujarat need policy interventions to sustain leadership in renewable energy deployment: IEEFA
A new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) recommends lower incremental green tariffs, dedicated infrastructure funds, green budgeting, scaling up distributed renewable energy and advancing grid modernisation and energy storage to cement Gujarat and Rajasthan’s leadership in renewable energy deployment.
The Hydrogen Stream: NTPC to produce green hydrogen from municipal solid waste, agri-waste using plasma-based oxy gasification technology
The demonstration plant will produce about 1 tonne of green hydrogen per day by gasifying about 25 tonnes of municipal solid waste or agri-waste per day.
Fraunhofer ISE developing lithium extraction processes in Germany
The ThermIon project is intended to take into account the entire process chain from the pretreatment of the brine to lithium extraction and lithium carbonate or lithium hydroxide crystallization to the controlled return of the brine. The new process is intended to be both environmentally friendly and economical.
AM Green places India’s largest electrolyzer order with John Cockerill Hydrogen
John Cockerill Hydrogen will supply electrolyzers for AM Green’s one-million-ton green ammonia project located in Kakinada, Andhra Pradesh.
The Hydrogen Stream: Greenzo Energy unveils 1 MW alkaline electrolyzer stack
Greenzo Energy has unveiled an indigenously designed electrolyzer stack, which, it says, functions reliably across diverse Indian climates. The stack is now commercially available.
LG Energy Solutions plans U.S. battery manufacturing
The South Korean battery maker expects strong demand momentum in the energy storage space (ESS) and plans to release a new high capacity lithium iron phosphate product with an energy density improved by 20%, alongside other products. To advance its local supply capabilities, the company plans to start ESS battery production in the US next year, and is considering converting European electric vehicle (EV) production lines to ESS.
India needs to diversify its supply chain for critical minerals: IEEFA
India should invest in resource-rich, friendly nations for sourcing of critical minerals such lithium, cobalt and nickel. The nation should minimise its reliance on imports, especially from countries with a potential trade risk in the future.
The Hydrogen Stream: BASF, AM Green tie up for low-carbon chemicals, green ammonia offtake
Germany chemical producer BASF and India’s AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India. BASF also agreed on the offtake of 100,000 tons of green ammonia per year from AM Green’s plants in India.
Servotech launches solar inverters, microinverters and battery storage systems
Servotech Power Systems has launched solar solutions including on-grid microinverters and inverters, hybrid inverters, battery energy storage systems, and solar pump controllers. The microinverters feature maximum power point tracking, built-in WiFi, and reverse power transmission.
