BloombergNEF says clean ammonia supplies could expand by 30 times to 32 million tons by 2030, while MAX Power Mining has roughly tripled the size of its Rider Natural Hydrogen Project in western Canada.
Amara Raja has signed the agreement to develop and supply lithium-ion cells, battery packs, and chargers for Piaggio electric vehicles in India.
India’s 2024-25 budget reflects a strategic and holistic approach to the energy sector, emphasising sustainability, innovation, and energy security. By promoting pumped storage, advancing nuclear technology, transitioning to emission targets, and supporting renewable energy and energy efficiency, the budget lays a strong foundation for a sustainable and resilient energy future
Advait Energy Holdings has invested in the Norwegian company TECO 2030 that develops PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules. Post this initial tranche of investment, it holds 2.63% shares of TECO 2030.
Sineng Electric’s 50 MW/100 MWh sodium-ion battery energy storage system (BESS) project in China’s Hubei province is the first phase of a larger plan that will eventually reach 100 MW/200 MWh. The initial capacity has already been connected to the grid and can power around 12,000 households for an entire day.
JSW Neo Energy has received a letter of award from Solar Energy Corp. of India (SECI) to set up renewable energy projects backed with energy storage system for supply of 230 MW of firm and dispatchable renewable power in a demand-following manner.
Fotowatio Renewable Ventures Australia says it has begun construction on its first standalone battery energy storage system in the country after reaching financial close on the project.
Hygenco Green Energies and Mitsubishi Power have joined hands for delivering green hydrogen-/ammonia-fired gas turbine combined cycle (GTCC) power plants. Hygeno will develop and deploy green hydrogen and green ammonia production assets to supply green fuel for Mitsubishi Power’s GTCC technology to the potential customers.
Reliance Industries expects to commission its first train of solar module and cell manufacturing at Jamnagar within the current fiscal year.
Stable government policies, adaptable technological solutions, diversified investments, robust financial planning, and active community engagement are crucial for achieving long-term success in the renewable energy sector.
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