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Energy Storage

JSW Energy secures LoAs for 500 MW solar plus storage, 300 MW solar projects

JSW Neo Energy, an arm of JSW Energy, has received a letter of award from Solar Energy Corp. of India Ltd for setting up a 500 MW solar power project along with 250 MW/500 MWh of energy storage systems. It has also secured a 300 MW solar power project from Karnataka Renewable Energy Development Ltd.

Tesla lands 15.3 GWh Megapack supply contract

Tesla has received a giant order from U.S. developer Intersect Power, equating to around 165% of the total battery energy storage systems it deployed in Q2 2024, which saw the highest quarterly deployment in the company’s history to date.

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Ohmium opens second electrolyzer gigafactory in India

The 2 GW factory, expandable to 4 GW, is located just outside of Bengaluru. It will produce hyper modular proton exchange membrane (PEM) electrolyzers to meet the growing demand for green hydrogen from customers in India and around the world.

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Union Budget 2024-25: Solar developers call for ALMM deferment, tax cuts, and more 

With Union Budget to be presented next week, developers hope for reduction in GST [goods and services tax] and import duties on solar components, and deferral of the ALMM [Approved List of Models and Manufacturers] imposition until domestic supplies are sufficient.

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Elastocalorics could replace heat pumps, air conditioning systems

Elastocalorics have the potential to replace current air conditioning and heating systems, offering significant energy savings when paired with technologies such as photovoltaics.

SECI concludes 1.2 GW/1.2 GWh solar, storage tender with average price of $0.041/kWh

Acme Solar Holdings, Hero Solar Energy, JSW Neo Energy and Pace Digitek Infra have emerged winners in Solar Energy Corp. of India’s tender for setting up 1.2 GW solar with 600 MW/1.2 GWh energy storage capacity.

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Karnataka launches 100 MW/130 MWh solar-plus-storage tender

Karnataka Renewable Energy Development Ltd (KREDL) is accepting bids to set up a ground-mounted grid-connected 100 MW AC solar PV plant along with 130 MWh battery energy storage system in the Kalaburgi district of Karnataka.

Grenergy secures financing for two phases of world’s biggest battery project

Madrid-headquartered independent power producer (IPP) Grenergy has reached financial close on the first two phases of its Oasis de Atacama solar and battery energy storage hybrid project in Chile.

China Three Gorges to build 16 GW renewables cluster in Inner Mongolia

China Three Gorges has announced plans to build a 16 GW renewables cluster in China’s Inner Mongolia region, including 8 GW of solar, 4 GW of wind, a 200 MW solar thermal system, a 4 GW coal plant, and a 500 MWh energy storage system.

The Hydrogen Stream: Maire’s Tecnimont, Nextchem awarded engineering design study for a green ammonia plant in India

Tecnimont will carry out an engineering design study for a 200,000 metric ton-per-year green ammonia plant. Nextchem will provide its digital tool, ArcHy, to optimize renewable power usage, resulting in capex and opex efficiency of the plant lifecycle and minimizing the cost of ammonia.

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