Hero Future Energies secures PPA for 150 MW renewables-plus-storage project
Hero Future Energies has secured a power purchase agreement (PPA) with SJVN Ltd for a 150 MW firm and dispatchable renewable power project to be developed in Karnataka.
World’s largest compressed air energy storage project comes online in China
Zhongchu Guoneng Technology Co., Ltd. (ZCGN) has switched on the world’s largest compressed air energy storage project in China. The $207.8 million energy storage power station has a capacity of 300 MW/1,800 MWh and uses an underground salt cave.
China switches on first large-scale sodium-ion battery
China Southern Power Grid has deployed a 10 MWh sodium-ion battery in China’s Guangxi Zhuang region. It is the first phase of a 100 MWh project.
ReNew secures $1 billion from European bank Societe Generale
Societe Generale will provide up to $1 billion of debt finance and advisory solutions, over the next three years, to support the development of ReNew’s energy transition projects.
India to add more than 15 GW of renewable energy capacity annually in FY 2025 and FY 2026: India Ratings
India Ratings and Research expects India to maintain pace of renewables capacity addition owing to a significant drop in equipment prices, continued policy support, availability of liquidity, and investment plans of some of the large corporate players.
Siemens to demerge energy business into separate listed entity
Siemens Energy India will provide solutions across the entire energy value chain – from power and heat generation, transmission to storage.
Techno-economic feasibility of hydrogen storage in hydro-dominated countries
Scientists have investigated different techno-economic scenarios for using hydrogen storage in combination with hydropower and pumped hydro storage in Switzerland. They have found that hydrogen storage plays no major role under most conditions.
Navigating the future of hydrogen
Hydrogen, often lauded as a beacon of hope in the quest for a low-carbon future, stands at a pivotal crossroads. As the world grapples with the dual challenges of escalating energy demands and climate change, hydrogen presents a unique opportunity to harmonize industrial development with environmental stewardship. However, its path is fraught with complexities and obstacles that require careful navigation.
SECI extends bidding for 25 MW AC solar plant with 20 MW/50 MWh battery storage in Leh
Solar Energy Corp. of India (SECI) has extended bidding for the installation and commissioning of a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery storage in Leh by three weeks.
From Mumbai to Bondi
Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
