Sinovoltaics updates battery energy storage system financial stability ranking
The latest financial stability ranking keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers.
Reliance Power sets up renewables arm
Reliance Power has set up a new subsidiary, Reliance Nu Energies, for renewable energy business. Mayank Bansal and Rakesh Swaroop, who previously worked with ReNew Power, join Reliance Nu Energies as chief executive officer and chief operating officer, respectively.
NTPC Renewable Energy wins 500 MW solar in SECI auction
NTPC Renewable Energy has secured 500 MW of solar power capacity at a tariff of INR 3.52/kWh. As per the terms of the tender, the company is required to set up 250 MW/1,000 MWh of energy storage system along with the contracted solar capacity
Ohmium, Spirare Energy announce green hydrogen production at NTPC microgrid
The green microgrid project powers NTPC’s Energy Technology Research Alliance (NETRA) campus using a solar PV power generation system coupled with a hydrogen power storage system.
Juniper Green places 1 GW PV module order with First Solar
Juniper Green has signed the agreement to procure First Solar’s Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules for its projects across Rajasthan, Gujarat and Maharashtra.
Chinese developer switches on world’s largest perovskite-based PV plant
MicroQuanta, a Chinese perovskite solar specialist, has commissioned a 8.2 MW PV facility based on its 90 W perovskite panels in eastern China.
Coal-based steelmaking plans jeopardize India’s net-zero target
The “build now, decarbonize later” approach misses the opportunity to develop steel capacity using low-emissions technologies, which could make India a leader in green steel capacity, save on decarbonization efforts later, and reduce current and future stranded asset risk in the industry.
SECI allocates 2 GW solar, storage at average price of INR 3.52/kWh
Reliance Power has secured the biggest slice of 930 MW. Other winners include NTPC Green Energy Ltd (500 MW), Hero Solar (270 MW), Sembcorp (150 MW) and Solarcraft (150 MW).
Fire risk for home energy storage systems is 0.0049%, says German study
RWTH Aachen University in Germany has investigated the safety of battery storage systems and compared it with other household appliances or technologies. The study aims to create a reliable database for classifying fire risk for consumers and regulators.
Hitachi Energy advances energy forecasting with new AI solution
Hitachi Energy’s Nostradamus AI solution enables users to make better decisions by quickly generating accurate forecasts for solar and wind generation, market pricing, load, and more.
