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.
Tamil Nadu Green Energy Corp. Ltd (TNGECL) has invited bids to develop six standalone battery energy storage systems for a cumulative capacity of 1000 MWh (500 MW x 2 hours) for on-demand usage by the state discom in Tamil Nadu.Bidding closes on April 2.
Norway’s Scatec Asa has signed a 25-year power purchase agreement (PPA) with Egypt Aluminium for a 1.1 GW solar plant with 100 MW/200 MWh of battery energy storage. The agreement has been billed as Egypt’s first utility-scale PPA with an industrial offtaker.
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.
REC Ltd has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and INR 18,360-crore financing of pumped storage projects in Kerala over the next five years.
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.
2024 marks the second consecutive year in which India more than doubled its annual renewable auction volumes, says a new report by BloombergNEF.
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