Majority of green hydrogen production plants in India to come up near ports
India’s power minister RK Singh said the majority of the green hydrogen production plants in India are expected to come up near port locations as per the industry feedback. In such cases, desalinized seawater could also be used for green hydrogen production.
EDF, Scatec Africa win South Africa’s battery procurement auction
The South African Government’s Department of Mineral Resources and Energy announced French utility Électricité de France (EDF) will develop 257 MW of battery energy-storage systems across three projects, while South African renewable energy company Scatec Africa will develop one 103 MW project.
Australian utility tests nickel-hydrogen battery
Australian energy giant AGL will install a nickel-hydrogen battery at its Torrens Island power station site in South Australia as it explores the potential opportunities that the technology could provide for stationary energy storage applications
Battery prices down 14% this year, says BloombergNEF
BloombergNEF says it has recorded a 14% decline in battery prices this year, mainly due to cheaper raw materials, following an unprecedented rise in 2022.
Fostering solar adoption requires a holistic approach
While the benefits of solar adoption are evident, challenges persist. The irregularity of solar power and the lack of efficient storage technologies remain primary concerns. The upfront costs of solar installations, though decreasing, remain a barrier for many. Complex regulations and bureaucratic hurdles often deter individuals and businesses from embracing solar energy. Addressing these challenges demands a concentrated effort.
SECI launches 1 GW renewables, storage tender
Solar Energy Corp. of India (SECI) is inviting bids from developers to supply 1.5 GW of firm, dispatchable power from renewable energy projects with storage systems. The successful bidders will set up RE projects with storage on a build-own-operate basis to supply RE power in a demand-following manner. Bids can be submitted till Jan. 9, 2024.
HPCL lays foundation stone for 100 MW solar project in Andhra Pradesh
Hindustan Petroleum Corp. Ltd will build the 100 MW solar project at Galiveedu for self-consumption.
Jakson Green opens office in Dubai
Jakson Green has set up an office in Dubai as it looks to increase its presence in sustainable energy solutions across the Middle East and North Africa (MENA) region. The company said its Dubai office will help it foster closer collaborations with partners and clients in the region.
Siemens profit 36% up YoY in July-Aug-Sept quarter
Siemens Ltd has announced a revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023.
Waaree signs MoU with Israel’s 3DBattery to develop energy storage solutions
Waaree Technologies plans 5 GWh battery cell production capacity leveraging 3DBattery’s lithium-ion and sodium-ion battery technology.
