Energy Storage

BHEL’s scope of work includes complete engineering, procurement and construction (EPC) solutions from concept to commissioning of EV charging stations. EESL, on the other hand, will make the entire upfront investment on services, along with the operation and maintenance of the infrastructure.

A new report from Hydrogen Council predicts that the cost of renewable hydrogen production will fall drastically by up to 60% over the coming decade due to the declining costs of renewable electricity generation and the scaling up of electrolyzer manufacturing. Thanks to its optimal renewable resources, Australia will be among the countries most favorably placed to contribute to the development of the hydrogen economy.

A study from Finland’s Lappeenranta University of Technology has predicted solar and other renewables can provide a global energy jobs revolution – just as four European operations revealed recent struggles.

Developers have until February 25 to bid for ISTS connected wind-solar hybrid projects to be set up anywhere in India at the location of their choice. Bidding for 4 MW of grid-connected floating solar project with 2 MW/1 MWh battery energy storage system—to be set up in Andaman & Nicobar Islands—closes on February 13.

The joint venture between Japanese majors Toshiba, Denso and Suzuki will make the investment in the Gujarat plant over the 2021-25 period, having pumped Rs12.5 billion into the first phase of development.

Solar installations in year 2020 are set to exceed 10 GW after a year hit by political uncertainties, module price increases associated with safeguard duty and a fewer number of awarded tenders. The outlook for battery energy storage installations for solar projects, however, is bleak as such combinations in India can cost 3-5 times more in 2020 than standalone renewable projects.

Project development and value chain localization are the focus areas for cooperation between the two countries.

The university researchers will provide expertise in the operation and management of lithium-ion batteries, environmental test facilities for battery modules and advanced battery analysis techniques.

Battery swapping is the ultimate expression of a sharing economy in which assets are shared to facilitate business operations—says E-Chargeup Solutions, which recently launched a battery swapping station for e-rickshaws in Noida city of Uttar Pradesh.

The string of fires that shook up South Korea’s booming energy storage market throughout 2018 brought development to a screeching halt this year. Throughout the lackluster first half of 2019, manufacturers, installers and analysts remained cautiously hopeful that a government investigation into the fires might plant the seed for late-year market growth. However, another outbreak of fires in the months since the conclusion of the probe has shaken industry morale once again, snuffing out any lingering hopes for a quick recovery.