Distributed Storage

Epic Energy has entered a ten-year licensing agreement with the Centre for Materials for Electronics Technology (C-MET) for recycling of end-of-life lithium batteries (excluding lithium ferro phosphate batteries) using a hydrometallurgical process.

The Indian Institute of Technology Kanpur (IITK) has signed a Memorandum of Understanding (MoU) with Mars Antennas & RF Systems to collaborate on the design, development, fabrication, and testing of smart electric vehicle (EV) chargers and smart hybrid inverters for energy storage system applications.

Erisha E Mobility has secured $1 billion investment from a UAE-based investor to expand its operations in the UAE, Saudi Arabia, USA, Europe, and various African nations, in addition to strengthening its existing business in India.

The Hydrogen Stream: TotalEnergies to buy green hydrogen from RWE
TotalEnergies says it has signed a 15-year deal with RWE to buy 30,000 tons of green hydrogen per year from a 300 MW electrolyzer in Germany, while Plug Power has announced a partnership with Southwire to create a clean hydrogen ecosystem in Texas.

For India to achieve its 600 GW clean energy goal, rooftop solar must become a national priority. By learning from global success stories, addressing financial barriers, and implementing robust policies, India can unlock the full potential of decentralised solar energy.

PUR Energy (PURE) is set to launch its PuREPower range of energy storage products for small to large-scale solar applications.

The energy storage market is rapidly evolving with cutting-edge battery technologies leading the way. Ongoing advancements are improving lithium batteries’ safety and longevity, further solidifying their position as the preferred choice for solar energy storage systems. Other promising developments are solid-state batteries, flow batteries, and sodium-ion batteries.

A CEEW study says that if India’s power demand were to continue to outpace current projections, the nation must target 600 GW of non-fossil capacity by 2030 to meet the demand most reliably and affordably.

Surya International has won EPC package for a solar-hydrogen-BESS based 200 kW microgrid at Chushul, Ladakh. The project will supply round-the-clock renewable power in off-grid defense locations under extreme climatic conditions.

The industry will reach the 1 TWh demand milestone in 2024, with China producing more than three-quarters of the batteries sold globally. The concentration of the production chain in the country has led to a fall in costs and a possible technological shift with the focus on LFP batteries. Cooperation between countries can be strategic to diversify the battery production chain and create sustained demand, assesses the International Energy Agency.