Energy Storage

US-based Nanotech Energy’s graphene battery uses proprietary electrodes with a thermally stable separator, and non-flammable electrolyte that is said to be inexpensive to manufacture. The technology is said to be superior in terms of safety and competitive in terms of cell performance.

The Indian solar startup has introduced lithium battery-based three-phase uninterruptible power supplies (UPS) with power ratings from 10 kVA to 500 kVA.

Norway’s SINTEF has designed a heat storage system based on phase change materials (PCM) that can support PV generation and peak shaving. The battery’s container hosts 3 tons of liquid biowax based on vegetable oil and is now beating performance expectations at a pilot facility.

Reliance, a strategic investor in US-based Ambri, is purchasing Ambri’s liquid-metal battery system for demo installation as part of its broader energy storage manufacturing plans and deployments in India.

Greenko will assist Jindal Steel and Power in the design and development of the associated renewable energy capacity, and identification of potential strategic investors for the RE capacity. It will also provide its pumped storage capacity currently under development in Madhya Pradesh and Rajasthan.

The India arm of USA-headquartered Triton Electric Vehicle has issued an INR 8,060 crore (around $971 million) Letter of Intent to state-owned Bharat Electronics Ltd (BEL) for the purchase of EV battery packs. It will also transfer its technology to BEL for production of hydrogen fuel cells in India.

The annual electric vehicle (EV) charger shipments will grow to 0.9 million units by the year 2030, from around 17,000 units in 2021. The growth in sales will be driven by government policies and private investments. 

NTPC and Japan’s Mitsubishi Heavy Industries (MHI) have signed an agreement for hydrogen co-firing in MHI’s gas turbines installed at NTPC Auraiya gas power plant in Uttar Pradesh. The two companies will collaborate to carry out the study and identify key actions for introducing hydrogen co-firing blended with natural gas.

Record energy prices, particularly in Europe, are driving demand for renewables and energy storage. That is changing the equation for utility solar and wind investment and shortening project payback times to under a year in some regions. Storage deployment, driven by recent policy developments around the world, is also expected to get a big boost through to 2030.

Ambitious government targets and commitments by both private and state-owned companies will propel renewable energy installations.