India’s Reliance Industries presents scaled-up solar, battery ambitions
Reliance Industries says that production will begin at its 10 GW factory for solar cells and modules by 2024. It plans to double the facility’s capacity to 20 GW by 2026 and is aiming for 50 GWh of annual cell-to-pack battery capacity by 2027.
$7.2 billion investment in green hydrogen, ammonia plant in India from Avaada
Ravi Verma, senior executive vice president of Avaada, told pv magazine the group will invest US$5 billion (AU$7.18 billion) in an integrated green hydrogen and ammonia plant with 6 GW of captive renewables capacity. The green ammonia facility will have a production capacity of 1 million tonnes per year.
Polysilicon-to-solar module gigafab in planning for India
State-owned NHPC and Bharat Electronics Ltd will leverage their complementary strengths to set up a gigawatt-scale vertically integrated solar manufacturing unit.
India installed 1.9 GW of ‘open-access’ renewables in FY 2021-22
India has surpassed 10 GW of overall renewables capacity installed for offtake through open access.
PV with gravity storage, redox flow batteries in buildings
Indian researchers have developed a new hybrid system featuring a conventional rooftop PV system, a solar tree, two gravity power modules for building (GPMBs), and a vanadium redox flow battery (VRFB), with power exclusively provided by the two solar installations.
India’s first long-term green hydrogen offtake agreement
Hygenco will build, own and operate a multi-megawatt green hydrogen facility for the long-term supply to Jindal Stainless Ltd, one of the largest stainless-steel conglomerates globally.
Shell completes acquisition of Sprng Energy
Energy company Shell has completed the acquisition of Solenergi Power, an Actis company owning 100% of Indian renewables developer Sprng Energy. The transaction value is US$1.55 billion (AU$2.22 billion), with half as cash Capex and the remainder as debt obligations.
India’s solar pump capacity hits 691.4 MW
The Indian government’s PM KUSUM Scheme supports farmers in installing standalone solar pumps and solarizing existing grid-connected agriculture pumps.
India’s solar report card for FY 2021-22
India installed 12.3 GW of solar in the 12 months ending March 31, 2022. The nation is expected to add a record 20 GW in the current fiscal year.
India will have 125 GWh of lithium batteries ready for recycling by 2030
India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.
