Distributed Storage

EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.

Industry body FICCI has recommended an extension of the FAME II Scheme by at least one year to 2023 as it feels change in the consumer behavior can impact the demand for electric vehicles (EVs) in the short term.

The projects shall be co-funded by India’s Department of Science & Technology and the European Commission’s Innovation and Networks Executive Agency. The aim is to make energy supply cleaner, more efficient and affordable by smartly integrating large amounts of renewable energy in local energy systems. Proposals can be submitted till September 1.

While the solar and storage pairing is still relatively new, the growth over the next five years will be significant globally. As against just 5% in 2019, by 2025 more than 25% of all behind-the-meter solar systems will be paired with storage.

The state-owned power producer has invited global Expression of Interest (EOI) for supply of hydrogen fuel cell based electric buses and cars—ten each—for pilot projects in Delhi and Leh. The last date for submission of EOI is May 15.

Researchers from Deakin University in Australia claim their battery chemistry is based on a new class of electrolyte material which carries no risk of uncontrolled thermal events and represents a viable alternative to rechargeable lithium-ion batteries.

Earlier this year, when a landmark tender by India’s nodal agency for solar energy, Solar Energy Corporation of India (SECI), concluded the largest solar-cum-storage tender globally (~3 GWh of storage connected to 1.2 GW of solar), it highlighted a critical challenge India faces in bringing solar energy to scale: battery storage technologies.

A French-Turkish research team has created an economic model to optimize scheduling for solar-powered EV charging units. The proposed model suggests that such projects might be more profitable today than at the end of the decade, depending on a wide range of variables.

April 10 is the last date to submit technical bids for installation and commissioning of the rooftop solar systems with battery backup at State Bank of India’s branches, offices and residences in Chandigarh region.

U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.