HG Infra Engineering, Bhilwara Energy, Kintech Synergy, and Advait Infratech were successful in a standalone battery energy storage tender held by utility Gujarat Urja Vikas Nigam Ltd (GUVNL).
The financial sector is increasingly throwing its weight behind battery energy storage systems (BESS), but transparent regulations are necessary to keep the investment going. This was one of the resounding messages from the 2nd BVES Investor Summit, held in Berlin on Wednesday.
European researchers have told pv magazine that hydrogen production costs are often underestimated in prefeasibility studies, while the South Korean authorities have reported a rise in deals for large-scale hydrogen consumption projects.
German engine manufacturer MAN Energy Solutions’ CO2-based seawater heat pump, located in the Danish port city of Esbjerg, has started operation. The facility, with a total heating capacity of 70 MW, will provide climate-neutral heat to Esbjerg and neighbouring town Varde.
While some may call it a fairytale chemistry, solid-state lithium-air battery (SS-LAB) technology is now a step closer to commercial reality with the foundation of Air Energy. The startup has set out to scale the application of this promising technology over the next five years.
The Bulgarian authorities awarded BGN 526 million ($284 million) to 397 renewable energy projects in the country’s latest procurement exercise.
Sodium-ion batteries are undergoing a critical period of commercialization with Chinese cleantech juggernauts actively working on their products.
From January to the end of October 2024, Italy added 1.74 GW of storage system projects.
A four-year research project by several German universities is exploring the release of molecules involved in molecular solar thermal (MOST) energy storage. They plan to modify the molecules to achieve the best possible properties for the storage technology.
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
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