Ola Electric’s lithium battery gigafab to become operational next month
Bhavish Aggarwal, chief executive officer of Ola Electric, announced their lithium battery cell gigafactory in Tamil Nadu will become operational next month.
Prices of Chinese EV battery cells fell by 50% at end of 2023, says TrendForce
Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.
Prime Minister Narendra Modi launches on-grid solar project with battery storage in Lakshadweep
SunSource Energy provided engineering, procurement, and construction (EPC) services for the 1.7 MW solar project with 1.4 MWh battery storage.
How to integrate residential solar-plus-storage with vehicle-to-home systems
Researchers from Australia have created a model to optimize the interaction between vehicle-to-home (V2H) systems and residential PV connected to battery storage. They claim V2H can help reduce the cost of energy by 16.7% for workplace charging and 25% for public charging.
Major trends in the Indian solar PV sector
The Indian solar PV sector is experiencing transformative trends, driven by a combination of technological advancements, government support, and a growing awareness of the need for sustainable energy sources. The rapid expansion of solar capacity, coupled with innovations such as floating solar farms and green hydrogen production, paints a promising picture for the future of renewable energy in India.
C4V, Hindalco sign MoU on aluminum foil for lithium-ion battery cells
Hindalco will provide up to 2,000 tons of battery foil to C4V for lithium-ion cells, over a five-year period.
KPIT unveils sodium-ion battery with energy density of up to 170 Wh/kg
KPIT, an India-based automotive software and engineering solutions supplier, has unveiled its proprietary sodium-ion battery technology, and is now on the lookout for manufacturing partners. Ravi Pandit, chairman of KPIT, tells pv magazine, that that the company has developed multiple variants with energy density ranging from 100 Wh/kg to 170 Wh/kg, and potentially reaching 220 Wh/kg.
Aether Industries secures electrolyte additive contract with lithium battery producer
Aether Industries has announced entry into the electrolyte additives and battery space after a substantial contract signed with an undisclosed lithium-ion battery producer.
“Energy security of the nation can’t be achieved with renewables alone”: Power minister
RK Singh, union minister for power and new & renewable energy, stated recently that the dependence on coal-based generation is likely to continue till cost-effective energy storage solutions are available.
Batteries in hybrid hydro-PV systems could increase profitability by 2%
Researchers from Norway have discovered that adding batteries to projects that combine hydropower and floating PV could increase annual profits by as much as 2%, due to revenues from ancillary services and capacity markets.
