The US-based startup, which has a battery production plant in Greater Noida, has landed a deal to supply its swappable lithium-ion battery technology to Hyderabad-based Rap Eco Motors.
Out of this, investments totaling US$ 8.4 trillion would be needed by the power sector alone to significantly scale up generation from renewable energy and associated integration, distribution and transmission infrastructure. Another US$ 1.5 trillion would have to be invested in the industrial sector for setting up green hydrogen production capacity to advance the sector’s decarbonization. Investment needed for the mobility infrastructure would be US$ 198 billion.
Power minister recently chaired a meeting to discuss land availability and power evacuation plan for the 10 GW hybrid renewable energy project in the Leh district of Ladakh.
The two energy majors have come together for the generation and storage of renewable energy or other forms of energy, including gas-based power, primarily to power Indian Oil refineries or other installations.
The company’s board of directors have approved the formation of a wholly-owned subsidiary for solar PV, wind and hybrid power generation (including battery energy storage systems), green hydrogen, and other renewable energy ventures.
The Sun Horizon consortium has started to collect performance data on two pilot projects that combine heat pumps with solar systems using hybrid panels on homes in Riga, Latvia. The solution features a heat pump for space heating and domestic hot water and PVT panels to produce power for heating and domestic appliances, with excess power fed to the grid.
A 60% reduction in building energy use will be key to achieving a low-cost, 100% renewable energy grid, according to a new study by the U.S. National Renewable Energy Laboratory.
The electric vehicle (EV) charging infrastructure, with over 150 charging points, is synced with the Magenta ChargeGrid Smart app that allows EV owners to check the real-time availability of charging stations and book slots.
Australian startup Gelion is seeking to commercialize a non-flow zinc-bromide battery based on a stable gel replacing a flowing electrolyte. According to the manufacturer, the device is safe, robust and recyclable.
The oil and gas major, with a current installed base of 448 EV charging stations and 30 battery swapping stations, plans to expand the charging station network in a phased manner over the next three years. The first phase will focus on nine cities, including Mumbai, Delhi, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata, Surat, and Pune.
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