Advances in energy storage tech needed for renewable energy to take off: Former Union Minister Suresh Prabhu
4 years, 2 months ago

Advances in energy storage tech needed for renewable energy to take off: Former Union Minister Suresh Prabhu

Firstpost  

Many of the challenges faced in the renewables programme can be addressed by energy storage technology, the former union minister said. Efficient energy storage technology can help meet the challenges in India’s renewables programme, former union minister Suresh Prabhu has said. However, challenges are there, and it can be met with efficient energy storage technology,” Prabhu said while speaking at virtual event India Energy Storage Week. I am happy that we will be discussing energy storage in-depth with industry pioneers, think-tanks, policymakers, global Leaders at the IESW.” Renewable Energy Secretary Indu Shekhar Chaturvedi said,“The renewable energy sector is quite fragmented.

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History of this topic

India’s first battery energy storage system to go live in south Delhi’s Kilokri in March
2 days, 16 hours ago

India’s first battery energy storage system to go live in south Delhi’s Kilokri in March

The Hindu  

India’s first commercial utility-scale battery energy storage system — an inverter that can provide electricity to a grid — from renewable energy is expected to go live in Delhi in March this year. The 20 MW /40 MWh cluster of batteries, capable of providing four hours of power every day, is part of the BSES Rajdhani’s power sub-station in south …

India set for 12-fold increase in energy storage capacity to 60 GW by FY32: SBI Report
3 weeks, 3 days ago

India set for 12-fold increase in energy storage capacity to 60 GW by FY32: SBI Report

Live Mint  

New Delhi, December 18 : India is poised for a major boost in energy storage capacity, with projections indicating a 12-fold increase to around 60 GW by FY32, according to SBI report. The country's energy storage landscape is evolving rapidly, with the proportion of RE projects incorporating storage solutions increasing significantly, from 5 per cent in FY20 to 23 per …

Govt to mandate battery storage for renewable power projects
3 weeks, 4 days ago

Govt to mandate battery storage for renewable power projects

Live Mint  

New Delhi: The Union ministry of new and renewable energy may soon mandate battery storage capacity for upcoming solar and wind power plants, said Prashant Kumar Singh, secretary, Union ministry of new and renewable energy on Monday. Now, with falling battery prices, it makes a lot of sense to go ahead and henceforth not have any vanilla solar or vanilla …

India to come up with mitigation action for high carbon-emitting sectors like steel, cement, refineries, fertilisers
1 month, 1 week ago

India to come up with mitigation action for high carbon-emitting sectors like steel, cement, refineries, fertilisers

Live Mint  

New Delhi: The Union government plans to come up with mitigation action based on carbon capture and clean coal for industries that are among the biggest emitters of gases that cause global warming, Niti Aayog member V. K. Saraswat said in an interview. A NITI Aayog report, titled ‘Carbon Capture, Utilisation, and Storage Policy Framework and its Deployment Mechanism in …

Tamil Nadu to introduce Battery Energy Storage Systems to boost green energy infrastructure
1 month, 3 weeks ago

Tamil Nadu to introduce Battery Energy Storage Systems to boost green energy infrastructure

New Indian Express  

CHENNAI: In a major step towards strengthening renewable energy infrastructure, Tamil Nadu Green Energy Corporation Limited is set to introduce Battery Energy Storage Systems for the first time in the state. With over 70% of renewable energy capacity connected to interstate transmission systems, there is a critical need to support state utilities in developing InSTS-connected BESS, especially in states with …

Mint Sustainability Summit: Alternative energy firms grappling with uncertainties: Panel
4 months, 2 weeks ago

Mint Sustainability Summit: Alternative energy firms grappling with uncertainties: Panel

Live Mint  

As the Union government looks forward to a gradual shift towards renewables and sustainability, the green energy industry is gearing up to seize the opportunity with expansion plans. While the focus has mainly been on solar energy, companies equipped to provide alternative energy solutions, including wind, compressed biogas (CBGand green hydrogen, are grappling with uncertainties that may affect their future …

Rajasthan to bring new policy on pumped storage projects to promote renewable energy
5 months ago

Rajasthan to bring new policy on pumped storage projects to promote renewable energy

The Hindu  

The Bharatiya Janata Party government in Rajasthan will shortly bring a new policy on pumped storage projects as part of its efforts to promote renewable energy. “A clear and concrete policy on pumped storage projects will help attract investors and ensure environment protection,” Mr. Sharma said at a meeting with energy developers. Mr. Sharma said the upcoming policy would provide …

Here’s why Union Budget 2024 promised policy on pumped storage
5 months, 1 week ago

Here’s why Union Budget 2024 promised policy on pumped storage

The Hindu  

Budget 2024-25 promised that “a policy for promoting pumped storage projects will be brought out for electricity storage and facilitating smooth integration of the growing share of renewable energy with its variable and intermittent nature.” Why pumped storage India has planned to create an ambitious 500 GW of non-fossil power by 2030. Out of 10 GW added in eight months …

India has ramped up its wind and solar energy. It now needs to expand places to store it
5 months, 3 weeks ago

India has ramped up its wind and solar energy. It now needs to expand places to store it

Hindustan Times  

BENGALURU, India — At a Coca-Cola factory on the outskirts of Chennai in southern India a giant battery powers machinery day and night, replacing a diesel-spewing generator. Global battery costs are declining faster than expected, and experts say that if costs continue to plummet, energy storage systems can better compete with both coal and clean energy sources like hydropower and …

India has ramped up its wind and solar energy. It now needs to expand places to store it
5 months, 3 weeks ago

India has ramped up its wind and solar energy. It now needs to expand places to store it

Associated Press  

BENGALURU, India — At a Coca-Cola factory on the outskirts of Chennai in southern India a giant battery powers machinery day and night, replacing a diesel-spewing generator. “It’s a really exciting time to be a battery storage provider.” Security staff stand in front of the Hindustan Coca-Cola Beverages factory in Thiruvallur district, on the outskirts of Chennai, India, Tuesday, July …

Solar exec debunks 'overcapacity' claims
7 months, 3 weeks ago

Solar exec debunks 'overcapacity' claims

China Daily  

An employee works on a solar panel production line in Suqian, Jiangsu province. With persistent emphasis on technological innovation, China has fostered a robust and competitive solar power market, facilitating rapid growth of the new energy industry at home and abroad, said Li Xiande, chairman of JinkoSolar Holding Co Ltd, the world's largest solar panel producer by shipments. The global …

Budget 2024: Industry body seeks tax holiday on standalone battery energy storage
11 months, 3 weeks ago

Budget 2024: Industry body seeks tax holiday on standalone battery energy storage

Hindustan Times  

Industry body India Energy Storage Alliance has demanded a 10-year tax holiday for projects with standalone battery energy storage using renewable energy. In a pre-budget memorandum sent to the finance ministry, IESA also suggested to exempt custom duty for energy storage systems being imported particularly from the countries where India has ties on free-trade agreements like Korea, Taiwan, Japan, Vietnam, …

IIT Roorkee's ‘2nd International Meeting on Energy Storage Devices 2023’ kickstarts, over 600 guests expected in event
1 year, 1 month ago

IIT Roorkee's ‘2nd International Meeting on Energy Storage Devices 2023’ kickstarts, over 600 guests expected in event

Hindustan Times  

The Indian Institute of Technology Roorkee has kicked off the second international meeting on Energy Storage Devices 2023 and Industry-Academia Conclave on Thursday. 2nd ‘International Meeting on Energy Storage Devices 2023’ at IIT Roorkee According to a press release issued by the IIT Roorkee, the meeting is being held in association with the Ministry of New and Renewable Energy and …

US and India join forces to launch renewable energy technology action platform
1 year, 4 months ago

US and India join forces to launch renewable energy technology action platform

Live Mint  

New Delhi: In a move towards a greener future, the United States Department of Energy and India’s Ministry of New and Renewable Energy came together on 29 August to introduce the US-India Renewable Energy Technology Action Platform, the government said in a statement on Wednesday. According to the MNRE, RETAP was announced during the 22 June 2023 meeting in Washington …

ONGC in talks with Gentari for joint venture in energy storage
1 year, 4 months ago

ONGC in talks with Gentari for joint venture in energy storage

Live Mint  

NEW DELHI : Oil and Natural Gas Corp. Ltd is in talks with global entities including Malaysia’s Gentari to form a joint venture in energy storage, chairman and chief executive Arun Kumar Singh said, as the energy giant makes strides in its energy-transition journey. The ONGC chairman said in case energy storage is identified as a priority area for the …

AP energy sector to create 1.8 lakh job opportunities: Peddireddi Ramachandra Reddy
1 year, 10 months ago

AP energy sector to create 1.8 lakh job opportunities: Peddireddi Ramachandra Reddy

Deccan Chronicle  

Vijayawada: Energy Minister Peddireddi Ramachandra Reddy has said Andhra Pradesh is rapidly establishing itself as a leader in renewable energy. Last year, chief minister Jagan Reddy laid the foundation for the integrated renewable energy storage project in Kurnool,” he noted. The minister said the future of the green energy sector in AP looked bright with the state government’s commitment to …

World has been talking about energy transition but nations yet to invest in it: Union Power Minister R. K. Singh
1 year, 11 months ago

World has been talking about energy transition but nations yet to invest in it: Union Power Minister R. K. Singh

The Hindu  

The world has been talking about energy transition. However, nations are yet to invest in it, observed Union Minister for Power and New and Renewable Energy R. K. Singh while delivering a keynote address at the first G20 Energy Transition Working Group meeting under India’s Presidency here on Sunday. According to the minister, the global energy transition discourse needs to …

Power generation capacity to hit 820GW by 2030
2 years, 5 months ago

Power generation capacity to hit 820GW by 2030

The Hindu  

Union Power and New & Renewable Energy Minister R.K. Singh on Wednesday said the country’s electricity generation capacity will reach 820GW by 2030, including more than 500GW from non-fossil fuel sources. In his message at the unveiling of a report of The Energy Resource Institute, Mr. Singh said: “By 2030, the total capacity for power production would be about 820GW. …

Centre issues largest tender on battery storage for solar power
2 years, 8 months ago

Centre issues largest tender on battery storage for solar power

The Hindu  

The Solar Energy Corporation of India Limited, a public sector body under the Ministry of New & Renewable Energy, has issued the tender for setting up 500 MW/1000–MWh Standalone Battery Energy Storage Systems. The tender marks the first tranche of the government’s immediate target of setting up 4000 MWh of Battery Storage Capacity to inject more renewable energy in the …

The batteries that could make fossil fuels obsolete
4 years ago

The batteries that could make fossil fuels obsolete

BBC  

The batteries that could make fossil fuels obsolete InterGen An artist's impression of what is set to become the UK's largest battery storage facility, with 320 megawatt capacity The advent of "big battery" technology addresses a key challenge for green energy – the intermittency of wind and solar. "We're almost entirely piggybacking on the growth of lithium-ion battery technology, which …

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