BESS are becoming more attractive
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
Utility-scale BESS: Best practices to mitigate hazards
A report from Leeward Renewable Energy has investigated battery energy storage system (BESS) fires and other thermal runaway events to try and put them into context.
Electrolyser cost, efficiency improvement critical for achieving cost viability of green hydrogen
The prevailing levelised cost of Green Hydrogen (LCOH) is 1.75 times that of grey hydrogen and 1.50 times that of brown hydrogen, posing a significant barrier to its adoption. Achieving economic viability of Green Hydrogen to around $2.1 per kg requires a 35%-40% drop in electrolyser prices and a 12%-14% improvement in efficiency apart from supportive policies, says a new report by CareEdge Ratings.
The Hydrogen Stream: NTPC’s green hydrogen buses start running in Leh
The green hydrogen mobility project at Leh comprises in-situ 1.7 MW solar plant, green hydrogen filling station of 80 kg/day capacity, and five hydrogen intra-city buses.
U.S. Congressmen introduce bill to block implementation of 45X tax credit
Congressmen John Moolenaar and Jared Golden introduced a new bill that aims to halt advanced manufacturing tax credits.
Northvolt CEO steps down following bankruptcy filing
Company co-founder Peter Carlsson steps down from CEO position at Northvolt in the wake of Chapter 11 announcement in the United States. The Swedish battery maker has embarked on a debt restructuring process and is seeking new sources of funding.
The Hydrogen Stream: ACME Cleantech, BASF sign agreement to supply green ammonia to Europe
ACME Cleantech and BASF have also signed a Memorandum of Understanding (MoU) to explore further collaboration in the green ammonia business.
Renewables (including large hydro) share reaches 45% in India’s cumulative installed power capacity
India’s installed power generation capacity hit 453 GW as of September 2024 with renewables (including large hydro) contributing 45%.
Avaada signs MoU to develop 1.2 GW pumped storage project in Rajasthan
Avaada Group will develop a 1.2 GW pumped storage project in Rajasthan with a total investment of around INR 5,800 crore over the next five to seven years.
NGEL, NREDCAP tie up for 25 GW of renewable energy projects in Andhra Pradesh
NTPC Green energy Ltd (NGEL) and New and Renewable Energy Development Corp. of Andhra Pradesh (NREDCAP) have entered a joint venture agreement to develop 25 GW of renewable energy projects, 0.5 mmtpa of green hydrogen and derivatives projects, and 10 GW of pumped hydro projects in the state.
