ASSOCHAM said India had made significant progress in expanding non-fossil fuel-based power capacity, but greater investment in supporting infrastructure would be essential to ensure reliable electricity supply. The industry body said clean energy capacity needed to be connected to the…
The ammonia plant is closer to the finish line: Ta’ziz, Fertiglobe, Japan’s Mitsui, and South Korea’s GS Energy raised more than USD 460 mn through a six-year loan from seven banks. Contractor Tecnimont has completed more than 90% of the EPC work…
India is considering financial incentives including up to 50% capital subsidies and 5-18% sales-linked operating support to build domestic battery component manufacturing. The proposal provides strong tailwinds for Himadri Speciality Chem's planned 2,00,000 MTPA LFP cathode facility. Market snapshot: The Ministry of Heavy…
The Institute for Climate and Sustainable Cities (ICSC) has called on the Department of Energy (DOE) to assess the potential of renewable energy and battery storage before proceeding with its planned auction of 3,840 megawatts (MW) of mid-merit natural gas capacity.
Lords Chloro Alkali Limited commissioned a 21 MW direct-current, or DC, captive solar plant with a battery energy storage system in Bikaner during Q2 FY27, taking installed captive and group-captive renewable capacity to 47 MW DC. Management said the project is intended to reduce reliance…
Lords Chloro Alkali Limited is targeting 80% renewable energy in the medium term through a Rs. 315 crore FY24-FY28 capital programme, after power and fuel declined to 36% of production costs in H1 FY27 from 51% in FY25 and renewable capacity reached 47 MW direct current (DC) in Q2 FY27. Know Lords…
Australia’s pipeline of new generation and storage projects seeking to connect to the National Electricity Market (NEM) has reached 80.9 gigawatts (GW), a 43 per cent increase over the past year, driven largely by battery projects, according to the Australian Energy Market…
Australian battery manufacturing is set to receive a boost, with the Australian Renewable Energy Agency (ARENA) providing $6.77 million to support the development of a scalable production line for a Melbourne-developed battery. In a news release, the agency said the $19.35 million…
Australia could strengthen its domestic battery manufacturing sector by producing key lithium-ion battery components locally, with a new CSIRO report identifying opportunities to build on the country’s existing aluminium, copper and advanced manufacturing capabilities. The report, The Future of Australian…
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