The Ministry of Heavy Industries (MHI) will retender the 20 GWh advanced chemistry battery cell capacity that was left unallocated after Hyundai Global Motors Co., one of the winners of the 50 GWh PLI tender, withdrew from the scheme last year.
The European Commission and the European Investment Bank have agreed to collaborate with Argentina, Chile and Uruguay on hydrogen, while Masdar, Mitsubishi and Inpex have said that they will use green hydrogen to produce e-methane and polypropylene.
Global demand for sodium-ion batteries is expected to grow to just under 70 GWh in 2033, from 10 GWh in 2025, at a compound annual growth rate (CAGR) of 27%, according to UK-based market research company IDTechEx.
JSW Energy targets to become a 20 GW power generation company along with 40 GWh/5 GW of energy storage by 2030. It is also investing in solar manufacturing and green hydrogen production.
The Minnesota Public Utilities Commission (PUC) has approved Form Energy’s 10 MW/1 GWh iron-air long-duration storage facility for Xcel Energy.
Germany’s VoltStorage says its containerized 50 kWh vanadium redox flow battery solution can be scaled up to 500 kWh.
Each developer can bid for pumped storage capacities from 200 MW to 2 GW. Projects can be developed at multiple locations, with a minimum project size of 200 MW. The minimum storage cycle is six hours. Bidding closes on August 16.
To increase the share of renewable energy, India needs to introduce demand-side measures like time-of-use tariffs, develop a well-connected national grid, deploy various energy storage options for grid balancing services, and convert its fossil-fuel-powered fleet to operate flexibly.
The Chilean authorities want to contract 5,400 GWh of power from renewable energy, while also including battery storage. The selected developers will secure 20-year power purchase agreements (PPAs).
Serentica Renewables has contracted 1.5 GWh of dedicated six-hour energy storage capacity to provide round-the-clock green energy to its industrial customers.
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