BatX Energies opens lithium battery recycling facility in Uttar Pradesh
The plant uses hydrometallurgical process to extract critical materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries.
Hydrogen energy: India’s path to a sustainable future
The widespread adoption of hydrogen energy has the potential to reduce India’s annual greenhouse gas emissions by 50 million tonnes by 2030. This transition will not only contribute significantly to global climate goals but also drive economic growth through job creation, increased energy security, and enhanced industrial competitiveness.
Batteries set to drive rapid solar growth
Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential solar growth.
Kerala launches 125 MW/500 MWh battery storage tender
Solar Energy Corp. of India (SECI) is accepting bids to set up 125 MW/ 500 MWh of battery energy storage system in Kerala, for “on demand” usage by Kerala State Electricity Board Ltd (KSEBL). The project will be supported with viability gap funding. Bidding closes on Feb. 6.
World’s largest compressed air energy storage project breaks ground in China
Huaneng Group has begun phase two of its Jintan Salt Cavern CAES project in China. It is set to become the world’s largest compressed air energy storage facility with groundbreaking advancements in power output and efficiency.
Bihar receives INR 90,734 crore investment proposals in renewable energy
Ashoka Buildcon, HPCL, NHPC, NTPC Green, SJVN, Sun Petrochemicals and Surya International are among companies that have signed memorandum of understanding with the state government for investment in renewable energy
Annual lithium-ion demand surpasses 1 TWh for first time
The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
Antidumping investigation could more than double cost of U.S. EV battery, energy storage
Anti-dumping, countervailing duties on battery materials could have serious effects on the EV and energy storage markets, as the battery material and manufacturing markets in the U.S. are still in very early stages.
ABB to acquire Gamesa’s power electronics, storage business
ABB has agreed to purchase Gamesa’s power electronics and storage business, which produces doubly fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar inverters.
India to mandate energy storage for solar, wind projects
India is likely to follow in the footsteps of China and mandate the inclusion of battery storage capacity for future wind and solar energy projects.
