Reliance Industries and Adani Group, which have made big investments in creating an integrated renewable energy ecosystem in Gujarat, announced their further plans for the state at the 10th Vibrant Gujarat Global Summit.
Tata Group is about to start the construction of a 20 GWh lithium-ion battery plant in the Sanad city of Gujarat.
NTPC Green Energy Ltd has invited an Expression of Interest from manufacturers of products used in generation and storage of green hydrogen or its derivatives, to set up manufacturing facilities in Andhra Pradesh. The facilities will come up within the green hydrogen hub being developed by NTPC in Pudimadaka, Achutapuram.
Adani Green Energy will invest INR 24,500 crore in setting up three pumped storage plants with a cumulative capacity of 4.9 GW in Tamil Nadu.
JSW Energy will expand its footprint in Tamil Nadu with a further investment of INR 12,000 crore in RE projects, including 1 GW of pumped storage and 1 GW of wind power generation.
Torrent Power will invest INR 47,350 crore (around $5.7 billion) in green hydrogen and green ammonia production, solar and hybrid power generation, and power distribution in Gujarat.
The Indian state of Uttar Pradesh has solar and other clean energy projects with a total investment outlay of INR 1 lakh crore ($12 billion) in the pipeline.
The Indian solar PV sector is experiencing transformative trends, driven by a combination of technological advancements, government support, and a growing awareness of the need for sustainable energy sources. The rapid expansion of solar capacity, coupled with innovations such as floating solar farms and green hydrogen production, paints a promising picture for the future of renewable energy in India.
A new report by IEEFA and JMK Research says energy storage systems are poised to attract the highest investment of all emerging renewable energy sectors this decade, concurrent with the increasing penetration of renewable energy in the nation’s electricity grid.
Ark Energy’s 275 MW/2,200 MWh lithium-iron phosphate battery to be built in northern New South Wales has been announced as one of the successful projects in the third tender conducted under the state government’s Electricity Infrastructure Roadmap. The Richmond Valley Battery Energy Storage System will likely be the biggest eight-hour lithium battery in the world when it is completed.
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