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India’s lithium-ion battery storage demand to reach 54 GWh by 2027
India’s lithium-ion battery storage demand to reach 54 GWh by 2027
Decarbonisation of grids is driving demand.
Tata Power Renewable Energy commissions 126 MW floating solar project
It was completed within 26 months.
Citicore profit up 6% in 9M 2024
The group’s revenue also increased by 29%.
ARENA allocates $1.7m for CER grid integration project
Proper integration is critical to achieving energy and emissions targets.
Reaching net zero by 2070 needs $75t infrastructure investment
This should be mobilised to renewable energy, amongst others.
India’s renewables capacity up 13% in October
Solar alone added 20 GW.
India’s coal imports for power generation down 8.5% in April-September
Domestic production is catching up with demand.
India faces urgent need to diversify mineral sources
The rising demand and import dependency drive the need for secure mineral supply.
Largest open sea, offshore solar project in China starts generating power
Nearly 3 million households will benefit from this.
ADB, Kazakhstan partner to accelerate coal retirement
Coal plants may be converted to renewable energy facilities.
Sembcorp signs deal for hydrogen pipeline linking Indonesia and Singapore
Hydrogen may soon be transported between the two countries.
Masdar inks deal for 1 GW wind farm in Uzbekistan
This will energise 300,000 homes.
Energy storage, grids key to achieving 2030 energy goals
Around 1,200 GW of battery storage is needed by 2030.
Masdar to develop 1 GW wind farm in Kazakhstan
A battery energy storage system will also be built.
Nearly $10t annual investment needed to achieve net-zero
More should be directed towards low-emissions assets.
Only eight countries update RE targets Post-COP28
They are all EU countries.
Nuclear power remains irrelevant in international market: report
China added only a gigawatt of nuclear capacity in 2023.
Thought Leadership Centre
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