Connect with us

Published

on

Originally published on Future Trends.

Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.

Cleantech Investments

Reliance Invests In US Energy Storage Company 

A newly-formed subsidiary of Reliance Industries Limited, one of India’s leading industrial conglomerates, has invested in a US-based energy storage company. Reliance New Energy Solar, along with Paulson & Co., Bill Gates, and other investors, invested $144 million in Massachusetts-based Ambri Inc. Reliance New Energy Solar invested $50 million in the transaction.

ReNew Power To Invest $384 Million To Acquire Solar, Hydro Power Assets 

One of India’s leading renewable energy companies, ReNew Power, has announced plans to acquire solar and hydro power projects in the country. The company will spend Rs 28.5 billion ($384 million) to acquire 260 megawatts of solar power capacity and 99 megawatts of hydro power projects.

Canadian Pension Fund Invests $219 Million In Azure Power

International Finance Corporation and its infrastructure fund sold a 19.4% stake in NYSE-listed Azure Power. The stake has been acquired by Ontario Municipal Employees Retirement System (OMERS). CDPQ remains the majority shareholder in Azure Power. The company has 2 gigawatts of operational solar power capacity and another 5 gigawatts capacity under construction.

Electric Mobility

Tata Motors Launches Tigor EV

Tata Motors unveiled its second electric passenger vehicle, the Tigor. The new car has a 26 kilowatt-hour lithium-ion battery pack which can be charged in less than an hour. The car is expected to have a range of around 300 kilometers (186 miles) per charge.

Tata Motors Looking To Raise $1 Billion For Its Electric Mobility Business

Tata Motors is reported to be in talks with leading global PE investors to raise $1 billion for its electric mobility business. According to media reports, the company has approached Blackstone Group, TPG Capital and KKR & Co. for investment in the EV business. The company plans to launch 10 electric vehicle models by 2025. It currently offers two.

Odisha Announces Incentives For Electric Vehicles

The government of Odisha recently announced its electric vehicles policy to attract manufacturers as well as buyers. The state has exempted electric vehicles from road tax and registration fees. Buyers will also be eligible for subsidies of up to $1,360 for buying electric cars. Battery manufacturing units can get up to $136,000 in capital investment support from the government.

More Than Half A Million EVs Registered In India In Last Three Years

The Ministry of Heavy Industries reported that more than 500,000 electric vehicles have been registered in the country since 2018. These vehicles have benefited from government’s Faster Adoption and Manufacturing of Electric Vehicles (FAME India). The second phase of the FAME scheme, launched in April 2019, will offer Rs 100 billion ($1.4 billion) in subsidies to EV buyers. The government expects to facilitate the purchase of more than 1.5 million electric vehicles under this scheme.

Renewable Energy & Batteries

India Achieves 100 Gigawatts Of Renewable Energy Capacity 

On the 12th of August, India’s minister for power and renewable energy, RK Singh, announced on Twitter that the country had achieved the milestone of 100 gigawatts of renewable energy capacity. Solar energy is the largest technology by installed capacity, accounting for 44%, followed by wind energy at 39.5%. Bioenergy accounts for 10% of the installed capacity, while small hydro power projects (less than 25 MW capacity) account for 5%. The rest of the capacity is contributed by waste-to-power capacity. If large hydro power projects are also accounted for, the renewable energy capacity increases to 146 gigawatts.

ReNew Power Signs 400 Megawatt Deal To Supply Round-The-Clock Renewable Energy

The Solar Energy Corporation of India signed a power purchase agreement with ReNew Power for 400 megawatts of solar-wind hybrid power. The company will set up 900 megawatts of wind and 400 megawatts of solar power to meet its obligation to provide round-the-clock power. An undisclosed capacity of battery storage would also be installed.

NTPC Commissions 25 Megawatt Floating Solar Power Project

India’s largest power generation company, NTPC Limited, announced that it commissioned a 25 megawatt floating solar power project in the state of Andhra Pradesh. The project is located at the reservoir of NTPC’s Simhadri thermal power plant. This is the largest floating solar power project in India. NTPC is also working on another floating solar power project with 100 megawatts of capacity.

Engie Commissions 200 Megawatt Solar Power Project 

A subsidiary of French utility Engie has commissioned a 200-megawatt solar power project in the western Indian state of Gujarat. The project is part of the Raghanesda solar power park and the company’s second-largest solar project in the country. The company expects annual generation from the plant to be around 550 million kilowatt-hours, resulting in the reduction of around 400,000 tonnes of carbon dioxide emissions. Engie’s India solar capacity now stands at 1.1 gigawatts. The company also has 280 megawatts of wind power capacity operational.

Acme Solar Plans 3.5 Gigawatt Green Hydrogen Project In Oman

Solar IPP Acme Solar Holdings has announced intentions to set up a solar-wind hybrid project in Oman to produce green hydrogen. The company plans to set up 3 gigawatts of solar power and 500 megawatts of wind energy to produce 900,000 tonnes of green ammonia every year. Construction of the project will entail an investment of $3.5 billion and would be ready over the next three years.

Copenhagen Infrastructure Partners Invests $100 Million In Amp Energy

Amp Energy will receive equity investment of more than $200 million with at least half of it coming from Copenhagen Infrastructure Partners. The investment would be used for the company to develop 1.7 gigawatts of solar and solar-wind hybrid capacity.

Tata Power Commissions 324 Megawatt Tracker-Based Project In Gujarat

Tata Power has commissioned a 324 megawatt solar power project in the western state of Gujarat. The project uses single-axis trackers supplied by New York-based GameChange Solar. The project is the largest to use single-axis trackers in India.

Tata Power Wins $52 Million Solar Battery Storage Project 

Tata Power Solar Power Systems announced that it secured rights to develop a 50 megawatt solar power project with a 50 megawatt-hour battery storage system. The project will be located in Ladakh and is expected to be commissioned by March 2023. This would be India’s first co-located large-scale battery storage project.

 

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

 

 


Advertisement



 


Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Continue Reading

Environment

YMX Logistics deploys 20 new Orange EV electric yard trucks

Published

on

By

YMX Logistics deploys 20 new Orange EV electric yard trucks

Leading yard operation 3PL YMX Logistics has announced plans to deploy fully twenty (20) of Orange EV’s fully electric Class 8 terminal trucks at a number of distribution and manufacturing sites across North America.

As the shipping and logistics industries increasingly move to embrace electrification, yard operations have proven to be an almost ideal use case for EVs, enabling companies like Orange EV, which specialize in yard hostlers or terminal tractors, to drive real, impactful change. To that end, companies like YMX are partnering with Orange EV.

“This relationship between YMX and Orange EV is a significant step forward in transforming yard operations across North America,” said Matt Yearling, CEO of YMX Logistics. “Besides the initial benefits of reduction in emissions and carbon footprint, our customers are also seeing improvements in the overall operational efficiency and seeking to expand. Our team members have also been sharing positive feedback about their new equipment and highlighting the positive impact on their health and day-to-day activities.”

This Orange looks good in blue

YMX Logistics electric yard trucks; by Orange EV.

One of the most interesting aspects of this story – beyond the Orange EV HUSK-e XP’s almost unbelievable 180,000 lb. GCWR spec. – is that this isn’t a story about California’s ports, which mandate EVs. Instead, YMX is truly deploying these trucks throughout the country, with at least four currently in Chicago (and more on the way).

“Our collaboration with YMX Logistics represents a powerful stride in delivering sustainable yard solutions at scale for enterprise customers,” explains Wayne Mathisen, CEO of Orange EV. “With rising demand for electric yard trucks, our joint efforts ensure that more companies can access the environmental, financial, and operational benefits of electrification … this is a win for the planet, the workforce, and the bottom line of these organizations.”

We interviewed Orange EV founder Kurt Neutgens on The Heavy Equipment Podcast a few months back, but if you’re not familiar with these purpose-built trucks, it’s worth a listen.

HEP-isode 26

SOURCE | IMAGES: YMX Logistics.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Hyundai IONIQ 9 debut, new NACS Kia, solid state batteries from Honda

Published

on

By

Hyundai IONIQ 9 debut, new NACS Kia, solid state batteries from Honda

On today’s thrilling episode of Quick Charge, we’ve got the all-new Hyundai IONIQ 9 and its “a “rolling living room” pivoting captain’s chairs, Kia gets a go-fast 7 passenger SUV and an updated EV6, while Honda announces plans to start producing solid-state batteries at its new facility in just a few weeks.

We’ve also got big news for American workers – a Minnesota power company is ditching coal for solar while ExxonMobil and LG Chem get to work extracting thousands of tons of lithium out of Tennessee’s soil.

Today’s episode is sponsored by BLUETTI, a leading provider of portable power stations, solar generators, and energy storage systems. For a limited time, save up to 52% during BLUETTI’s exclusive Black Friday sale, now through November 28, and be sure to use promo code BLUETTI5OFF for 5% off all power stations sitewide. Learn more by clicking here.

You can watch the episode, below.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news!

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show!

Read more: Farm-fegnugen? Volkswagen rolls out an electric tractor.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

One of the US’s first solar peaker plants – with Tesla Megapacks – just came online

Published

on

By

One of the US’s first solar peaker plants – with Tesla Megapacks – just came online

Arevon Energy has kicked off operations at Vikings Solar-plus-Storage – one of the US’s first utility-scale solar peaker plants.

The $529 million project in Imperial County, California, near Holtville, features 157 megawatts of solar power paired with 150 megawatts/600 megawatt hours of battery storage.

Vikings Solar-plus-Storage is designed to take cheap daytime solar power and store it for use during more expensive peak demand times, like late afternoons and evenings. The battery storage system can quickly respond to changes in demand, helping tackle critical grid needs.

Vikings leverages provisions in the Inflation Reduction Act that support affordable clean energy, strengthen grid resilience, boost US manufacturing, and create good jobs.

The Vikings project has already brought significant benefits to the local area. It employed over 170 people during construction, many local workers, and boosted nearby businesses like restaurants, hotels, and stores. On top of that, Vikings will pay out more than $17 million to local governments over its lifespan.

“Vikings’ advanced design sets the standard for safe and reliable solar-plus-storage configurations,” said Arevon CEO Kevin Smith. “The project incorporates solar panels, trackers, and batteries that showcase the growing strength of US renewable energy manufacturing.”

The project includes Tesla Megapack battery systems made in California, First Solar’s thin-film solar panels, and smart solar trackers from Nextracker. San Diego-based SOLV Energy handled the engineering, procurement, and construction work.

San Diego Community Power (SDCP) will buy the energy from the Vikings project under a long-term deal, helping power nearly 1 million customer accounts. SDCP and Arevon have also signed an agreement for the 200 MW Avocet Energy Storage Project in Carson, California, which will start construction in early 2025.

Vikings is named after the Holtville High School mascot, and Arevon is giving back to the local community by funding scholarships for deserving Holtville High students.

Arevon is a major renewable energy developer across the US and a key player in California, with nearly 2,500 MW in operation and more than 1,250 MW under construction.

Read more: Minnesota’s largest coal plant goes solar: Sherco Solar comes online


If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending