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As RE Continues to Expand, Indias Battery Storage Market a Sleeping Giant: IEEFA

Grid integration of large-scale variable renewables will be one of Indias biggest challenges as it aspires to decarbonise its power economy through deployment of 450 gigawatts (GW) of renewable energy (RE) by 2030. Reaching this target from the current installed renewable capacity of 93 GW will require average annual renewable capacity additions of ~35 GW. []

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MSEDCL Seeks 500 MW Solar For Meeting RPO Obligations

Maharashtra discom MSEDCL (Maharashtra State Electricity Distribution Company Limited) has issued an RFS (request for selection) to procure solar power up to capacity of 500 MW from Grid connected Solar Projects through Competitive Bidding Process (conducted through electronically facilitated online web based portal of M/s ISN Electronic Tender followed by reverse auction). While a pre-bid []

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Growatts ARK battery Wins TÜV Rheinlands All Quality Matters Award

Residential, commercial, and utility-scale PV inverter firm, that has also entered energy storage systems, Growatt announced that its ARK battery has won the All Quality Matters Award from TÜV Rheinlands PVE Test Program at Solar Congress 2021. The Award acknowledges Growatts first-rate battery energy storage solution for residential use.  Growatts ARK battery uses cobalt-free Lithium-iron-phosphate []

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Liverpool Uni Researchers Develop Stable Electrolyte for Li-O2 Batteries

Researchers at the University of Liverpool, in partnership with Johnson Matthey PLC and Loughborough University, are working on developing stable and practical electrolytes for lithium-oxygen (Li-O2) batteries (or lithium-air battery). They have advanced new theories on the subject, whose execution can create greater energy storage capacity than that offered by the conventional lithium-ion battery. In a []

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German Scientists Redesign Stack to Make Cheaper Redox Flow Batteries

Researchers at the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT, located in Germany, claim that thorough redesigning the stack, they have contrived a way to bring down production costs of redox flow batteries which are used to store renewable energy. As a result, Christian Doetsch and Lukas Kopietz from Fraunhofer UMSICHT and Dr. Thorsten Seipp []

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Ruchira Green to Setup Rs 200 Cr Li-Ion Battery Plant

A leading manufacturer of lithium batteries and allied products, Ruchira Green Earth has announced that it is looking to double its manufacturing capacity of Lithium-ion batteries by setting up a Li-ion batteries plant worth Rs 200 Crores. This will support the Aatmanirbhar Bharat Abhiyan and increase the domestic EV manufacturing opportunities in the country. As []

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IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021

Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch []

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Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results

Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result []

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India, Israel, UAE Sign Maiden Trilateral Trade Agreement

At a recent event organised by the International Federation of Indo-Israel Chambers of Commerce (IFIICC) to discuss the ongoing business collaborations being pursued through IFIICCs leadership across sectors, India, Israel and the UAE signed  their maiden trilateral agreement. The partnership has been initiated by IFIICC, as part of which an Israel-based company, Ecoppia, is producing an []

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