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Energy Storage

Designing the best-performing hybrid renewable energy system for off-grid, rural communities in India

A new study evaluates seven different configurations of hybrid renewable energy systems to meet the electricity requirements of an off-grid village community in the Jaisalmer district of Rajasthan, cost-effectively and sustainably. It finds the system combining solar PV panels, wind turbines, biogas generator, lithium-ion battery, converter, electrolyser, and hydrogen tank to be the best performing as it has the lowest fuel consumption rate, net present cost, levelised cost of energy, and cost of hydrogen.

India tendered ‘record’ 70 GW of renewables in FY 2024

India invited bids to set up 69.8 GW of renewable energy capacity, far surpassing the annual bidding target of 50 GW. The bidding activity surged due to large-scale potential for market growth, central government support in terms of targets and regulatory frameworks, and higher operating margins.

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The Hydrogen Stream: Hygenco to set up green hydrogen, ammonia project at Tata Steel SEZ’s Gopalpur Industrial Park

Hygenco aims to produce 1 million tonnes per annum (MTPA) of green ammonia from its plant at Tata Steel SEZ’s Gopalpur Industrial Park in Odisha. The project’s initial phase is set for commissioning by December 2026.

Tata Power secures PPA with SJVN for 460 MW renewables-plus-storage project 

Tata Power Renewable Energy Ltd will develop a hybrid plant comprising solar, wind, and battery storage components to meet the 460 MW firm and dispatchable renewable power requirement.

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Adani Green Energy revenue up 33% YoY to INR 7,735 crore

Adani Green Energy Ltd (AGEL) also reported its operational capacity grew 35% YoY to 10,934 MW with greenfield addition of 2,418 MW solar and 430 MW wind projects. The company’s renewable energy capacity target is now revised upwards to 50 GW by 2030.

Declining battery costs to boost adoption of battery energy storage projects: ICRA

Battery prices reached an all-time low in 2023 led by the moderation in raw material prices amid the increase in production across the value chain

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India installed 15 GW of solar capacity in FY 2024: CEEW-CEF

India added 18.5 GW of renewable energy generation capacity in FY 2024, comprising 81% (15 GW) from solar (grid-scale and rooftop).

New model shows how to power homes exclusively with hydrogen, solar, batteries

Researchers in Spain has found that combining PV power generation with fuel cells and battery storage may help homes considerably reduce their levelized cost of energy. Their simulation reportedly demonstrated homes may also become completely self-sufficient.

The Hydrogen Stream: Norway to make world’s biggest hydrogen ships

Norwegian Ship Design Co. has agreed to help build what it claims will be the two largest hydrogen ships in the world, while Norwegian Hydrogen has announced plans to team up with Australia’s Provaris Energy on hydrogen export opportunities.

Schneider Electric launches new storage systems for microgrids

The France-based group said its has released two new BESSs with enclosures of 7ft and 20ft. Their power ranges from 60 kW to 500 kW.

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