Omnicore Weekly #195 - 21 February 2025

Australia saw a strong year of energy storage in 2024 where 4029 MW/11,348 MW reaching the financial commitment. Additionally, five battery energy storage projects beg

GAIL (India) Limited and Accelera by Cummins have signed a Memorandum of Understanding (MoU) to collaborate on hydrogen and energy transition projects in India. Announ

Mahle Powertrain is testing heavy-duty hydrogen combustion powertrains under Project Cavendish, a £9.8 million UK government-funded initiative. The project aims to de

Siemens and Guofu Hydrogen have signed a Memorandum of Understanding (MoU) to advance the hydrogen value chain. Siemens will be the preferred supplier and technology p

Trigon Pacific Terminals Ltd. (Trigon) and South Korea's Ulsan Free Economic Zone Authority (UFEZ) have signed a Memorandum of Understanding (MOU) to collaborate on th

Scientists from Peking University have developed a new hydrogen production method that eliminates direct CO2 emissions. This innovative process uses a novel catalyst t

Waare Renewable technology has got LoA taken from the Continuum Green. The company discloses the project with the size is approximately INR 40 Crore. As per the term o

Victoria State Electricity Commission are delivering 100MW/200MW government owned battery energy storage in Australia. The first stage of the project with 119MW solar

At India Energy Week 2025, experts discussed the challenges in scaling electric mobility in emerging economies. They emphasized the need for Public-Private Partnership

SECI has invited bids for 500 MW of ISTS-connected Solar Power Projects (SECI-ISTS-XIX), with submissions due by March 17, 2025. Bidders must pay document and processi

Premier Energies, a leading Hyderabad-based Solar manufacturer, received two orders worth Rs. 1234 Crores, with Solar Module supply set to begin in April 2025. The com

The solar Storage Systems Research Group at Berlin University of Applied Sciences (HTW Berlin) has reported results of its annual energy storage inspection and confirm

Lightsource bp has expanded its APAC presence by acquiring a 15 MWp Solar Project in Hokkaido, Japan, marking its entry into the market. The company now operates in 20

Sineng Electric supplied 184 units of its 3.3 MW central inverters for ArcelorMittal Nippon Steel India's 975 MW hybrid Renewable Energy Project in Andhra Pradesh, whi

Flow batteries are better alternatives to Lithium-ion chemistry in the Long Duration energy storage system. A variety of technology is deployed but alternative is gene

Gujarat-based Army Looms and Textile has expanded into Renewable Energy with its Army Solar PV manufacturing division. The company is building a 3 GW TOPCon Solar Modu

Scientists at the National Institute of Education at Nanyang Technological University (NTU) and Zhejiang Ocean University have developed a new 2D material designed to

Tamil Nadu set a new record in Solar Power Generation with a peak of 6,561MW and 48.20 million units injected into the grid. This increase was attributed to clear weat

Nordex Group celebrated a successful year in Wind Energy Services, securing 227 new service agreements for 8,500 MW globally in 2024. They also extended contracts for

The Energy Systems Integration Group has published a study on the benefits of grid-forming battery energy storage systems (GFM BESS). ESIG explains that GFM contr

Suzlon Group has partnered with the Karnataka government to develop 3,000 MW of Wind Energy, including a Wind turbine blade manufacturing facility in Vijayapura. The r

Acciona Energia has completed the installation of all Wind Turbines at the 280MW Forty Mile Wind Project in Bow Island, Alberta, Canada. The project, featuring 49 Nord

India’s top truck manufacturers, including Tata Motors, Ashok Leyland, Eicher Motors, and startups like EKA Mobility, are collaborating with companies like Amazon, B

Tata Motors aims to establish 4 lakh EV charging points by 2027 under its "Open Collaboration 2.0" initiative. The plan includes 30,000 Public Charging Points and 500

BorgWarner has secured four projects with major Chinese OEMs, supplying 400V High-Voltage Hairpin (HVH) Motors for hybrid and electric platforms. The company will prov

Karnataka unveiled its Clean Mobility Policy (2025-2030), aiming for Rs 50,000 crore investment and one lakh jobs in the EV and Hydrogen vehicle sectors. The policy ta

BNP Paribas SA and the European Investment Bank (EIB) have partnered to create a €1 billion portfolio of bank guarantees to support EU wind farm investments. The EIB

Sarawak Energy has launched first utility Scale BESS in Malaysia. The 60 MW BESS which was energized in December 2024, provides essential services such as grid service

The City of Oulu, Finland, and French company Verso Energy have signed a cooperation agreement to build Finland's largest hydrogen refining plant in the Port of Oulu.

Toyota has announced its third-generation hydrogen fuel cell system designed for commercial vehicles. This new hydrogen system offers improved durability, fuel efficie

Aslan Energy Capital has signed a Memorandum of Understanding (MOU) to supply 100,000 tonnes per annum (TPA) of sustainable hydrogen from its green hydrogen project in

Enertrag SE, a German renewable energy company, has announced a public auction for 500 tonnes of green hydrogen from its 10-MW electrolyser plant currently under const

Researchers at the University of Science and Technology of China (USTC) have developed a groundbreaking lithium-hydrogen battery that uses hydrogen gas as the anode. T

Power producers have urged the government to extend the waiver on Inter-State Transmission System (ISTS) charges for Renewable Energy Projects until 2030. The current

Plug Power, a US-based green hydrogen fuel cell manufacturer, plans to establish multi-gigawatt electrolyser manufacturing plants in India by the end of 2030. They aim

Ormat Technologies has secured Tolling agreement of two separate Energy Storage of capacity 300 MW/1200MWh in Israel. This tendered capacity is issued by Israeli Elect

Chief Minister Himanta Biswa Sarma announced the Assam Cabinet's approval of a mega industrial park in Morigaon, covering 569 bighas (188+ acres). The cabinet also app

The Assam Cabinet has approved the Assam Integrated Clean Energy Policy, 2025, which promotes various renewable energy projects, including green hydrogen. The policy a

Fluence has launched a new AC Based Module Battery Storage platform for the delivery in the fourth quarter of this year. The company aimed at improving the competitive

Madhya Pradesh Urja Vikas Nigam (MPUVNL) has invited proposals for 1,500 MW Solar Projects under Component C of the PM KUSUM Program, aimed at Solarizing agricultural

NTPC Renewable Energy Limited (NTPC REL) has issued a tender for installing Wind Turbine Generators for a 110 MW Wind Energy Project at Khavda NTPC RE Park, Gujarat. T

The Ministry of New and Renewable Energy (MNRE) has proposed a new Approved List of Models and Manufacturers (ALMM) for off-grid solar solutions. It plans to lower sol

Edify Energy has said its Koorangie BESS 185MW/370 MW in Northwest Victoria has started exporting the grid and testing towards the full potential. The BESS project has

Uno Minda is acquiring the remaining 49.9% stake in its subsidiary UnoMinda EV Systems Pvt Ltd (UMEV) from FRIWO Geratebau GmbH for approximately INR 195 crore. This i

Canadian Long duration has secured $200 Million in Funding from the large sum of investors to complete its 7GW project pipeline across multiple continents. The funding

PlugNride Motors Pvt. Ltd. has introduced its high-speed electric two-wheelers, APKE PNR 100 and APKE PNR 200, aligning with India’s 'Make in India' campaign. The mo

Folks Motor, led by CEO Nikhil Anand Khurana, is evolving into a diversified conglomerate with a focus on B2B EV Systems, asset management, financial services, and ind

A group of high-net-worth individuals, including Nikhil Kamath, invested ₹250 crore in PMI Electro Mobility Solutions through preferential equity shares. This fundin

NHPC issues Tender for 500MW/1000MWh Standalone BESS in Andhra Pradesh under Viability Gap Funding scheme. This project is going to cater Morning & Evening Peak hour d

Invenergy has launched commercial operations at its 300MW Delilah I Solar Energy Center in Texas. Located in Lamar and Red River Counties, the project has secured virt

A new analysis reveals Tamil Nadu, India, could contribute $75bn in economic growth and 805,000 jobs by 2030 through Offshore Wind Manufacturing. The report highlights

NHPC Ltd plans to invest ₹84,000 crore to set up 20 GW of pumped storage capacity, with a total capex of ₹1.2 trillion through joint ventures. The company is also

The February 13, 2025, meeting between Indian Prime Minister Narendra Modi and U.S. President Donald Trump strengthened economic ties, focusing on a $500 billion trade

HVS based in Glasgow, Scotland is focusing on licensing and technology development in hydrogen and AI innovations to drive growth. They've developed a refined hydrogen

Uniper SE, a German energy company, and Kyuden International Corporation, a member of the Kyuden Group, have signed a Memorandum of Understanding (MoU) to explore coll

Germany is backing Morocco’s green hydrogen production with a $32 million (€30 million) investment in OCP Group’s green hydrogen plant in Jorf. The funding by th

Advait Energy Transitions Limited (AETL) has signed an MoU with Haryana City Gas Distribution to set up a 2000 MTPA Green Hydrogen Plant. This collaboration includes p

A delegation from the British Deputy High Commission met with Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu in Chandigarh to discuss strengthening coll

Modern Hydrogen, a hydrogen production and carbon management company, has partnered with Mesa Solutions, a provider of on-site power generation, to deliver a clean pow

Germany is single largest Power representing about 20% of the total generation capacity of interconnected grids. Germany is similar to the ERCOT market in Texas, US, i

EV & BESS manufacturer BYD a major order from the Saudi Electricity Company with the capacity of 12.5GWh with 2.6GW projects each with a potential of 15.1GWh to ex

Nagpur Metro, one of India's greenest metro systems, aims to be fully powered by Solar Energy but is awaiting approvals from MSEDCL. Currently, 20% of its energy comes

Bengaluru-based Paschim Renewables Pvt Ltd (PRPL) will set up a 30 MW Solar Power plant in Raichur, Karnataka, with a Rs 150 crore Investment, expected to be completed

 The Long duration energy Storage maker manufacturer ESS Tech has replaced its old CEO with the new CEO.  With the new CEO the strategic planning of the comp

The Ministry of New and Renewable Energy (MNRE) added Easy Photo Voltech Pvt. Ltd. and Akshaya Solar Power (India) Private Limited to the Approved List of Module Manu

In the study of London based analyst Rho Motion which has recorded the capacity of 13.6GWh during the first month of 2025. The data indicates 3.9 GW/9.52 GWh in total

Central Electronics Limited (CEL) has invited expressions of interest (EoI) to operate a 40 MW Solar Module manufacturing plant in Sahibabad, Uttar Pradesh. The scope

Dutch energy storage developer Lion Storage has signed a financial deal for the biggest Netherland BESS project. The €350 million ($367 million), 350 MW/1.4 GWh Proj

Ørsted has begun offshore construction for the Greater Changhua 2b and 4 wind farms in Taiwan, aiming to provide 920 MW of clean energy. This project marks the first

ACWA Power has signed a Power Purchase Agreement with Egypt's EETC for a 2 GW Wind Energy Project in South Hurghada, valued at $2.29 billion. This marks Egypt's larges

The Ministry of Heavy Industries (MHI) signed a programme agreement with Reliance New Energy Battery Ltd. under the PLI Scheme for Advanced Chemistry Cells (ACC). This

PURE EV, an Indian electric two-wheeler manufacturer, has partnered with Jio Things Limited to integrate smart digital clusters and telematics technology into their ve

Founded in 2022, Bengaluru-based Dynolt develops power electronics for clean energy applications like e-mobility, Energy Storage, and Hydrogen. Its technology enables

Jio-bp, a Joint Venture between Reliance Industries and bp, plans to expand its retail infrastructure, aiming for 100,000 EV charging stations and 1,000 compressed bio

Reliance Infrastructure (RInfra) is entering the Renewable Energy manufacturing sector with plans to set up integrated Solar and Battery manufacturing units. It appoin

Mitsui OSK Lines (MOL) has signed a memorandum of understanding with Fukada Salvage & Marine Works to explore collaboration on developing vessels for transporting

The Central Government notified amendments to the "Guidelines for Tariff-Based Competitive Bidding" for grid-connected Wind Solar PV projects. Key changes include prov

Envision Energy has signed a Wind turbine supply agreement with EPC contractor PC1 Group for the Libmanan Wind Power Project in Camarines Sur, Philippines. Envision wi

British startup Ionetic has launched a £5 million pilot plant in Brackley to produce Electric Vehicle Battery packs for low-volume manufacturers, including those maki

The Indian Energy Storage potential expected to reach 66GW by 2032 with the investment opportunity of Rs 5 Lakh Crore Investment opportunities. Currently the capacity

Kolkata Metro has set to install Battery Energy Storage to provide seamless services for the customer safety. The system will support uninterrupted services on the 16

TotalEnergies and Air Liquide have announced a joint venture worth €600 million ($628 million) to produce green hydrogen. The project will involve building a 250-meg

BW ESS has announced the commencement of 100MW/331MWh battery energy storage system near Bramley Hampshire in the UK. Bramley BESS is among the largest duration &

BlueBird Aero Systems has unveiled its latest innovation: a tactical Vertical Takeoff and Landing (VTOL) UAV powered by hydrogen fuel-cell technology. This new UAV, kn

Spanish gas grid operator Enagas plans to invest more than €4 billion ($4.18 billion) by the end of the decade, with over three-quarters of that amount earmarked for

The EPh2 consortium has received Approval in Principle (AiP) from Bureau Veritas for its low-carbon hydrogen Crew Transfer Vessel (CTV) project. This crucial milestone

Bison Brothers & Engelhart have signed MoU to work together on utility scale BESS to boost the Japanese energy resources. Bison Brothers will lead to acquisition o

HYDGEN, a Singapore-based company, has secured nearly SGD 2 million in seed funding to expand decentralized green hydrogen production across India and Southeast Asia.

Battery Trade association Battery Council International has asked to defend the US Energy Storage Supply chain.  The BCI also outlined the Legislature with steps

India plans to integrate Energy Storage Systems with upcoming Solar Power Projects to ensure grid stability and uninterrupted power supply. The Central Electricity Aut

TrinaTracker, part of Trina Solar Co Ltd (SHA:688599), has launched a 3 GW factory in Jeddah, Saudi Arabia, set to begin production this quarter. This marks its fourth

Scientists from Linköping and Cornell University developed a water-based technique to recycle perovskite Solar Cells on glass substrates. Using Sodium acetate, Sodium

Invinity Energy and Frontier Power Partner to deploy vanadium flow batteries under the UK Long Duration Energy Storage procurement process. Frontier Power is targeting

Credit Fair, an NBFC, raised $5 million from Symbiotics Investments’ $75-million Green Basket Bond, backed by British International Investment (BII). The funds will

The Ministry of Power has amended guidelines for tariff-based competitive bidding in wind power procurement, enhancing transparency and efficiency. Key changes include

German utility has RWE has commissioned 235MW of BESS in Hamm & Neurath in the state of Noth Rhine Westphalia, Germany. The BESS, which will have a capacity of 230

Komatsu Ltd. has begun proof-of-concept tests for the world’s first large dump truck equipped with a hydrogen combustion engine. This innovative concept machine, bas

Canada’s Innergex Renewable Energy Inc (TSE:INE) secured USD 338.3 million in final tax equity funding for its 330 MW Boswell Springs Wind Farm in Wyoming. The funds

DP Energy sold the 325 MW Saamis Solar Park to Medicine Hat, Alberta, after securing approvals from the Alberta Utilities Commission. The project, featuring over 600,0

Sterling Tools Ltd (STL) entered the ACE space in 2018, focusing on EV components. Its subsidiary, Sterling Gtake, leads in Motor Control Units (MCUs) with a 720,000-u

Tata Motors led India's electric vehicle market until JSW MG Motor's Windsor disrupted it. With Mahindra, Maruti Suzuki, and Hyundai entering the space, competition ha

Tesla is scouting land for an EV plant in India, focusing on Maharashtra due to existing suppliers and its Pune office. Talks with the Maharashtra government are ongoi

Matel Motion & Energy Solutions has partnered with Honda Power Pack Energy India to integrate its ePowertrain with Honda's swappable battery technology. This collabora

The Madhya Pradesh (MP) government has approved the Electric Vehicle Policy-2025 to promote EV adoption. The policy offers incentives for two-wheelers, three-wheelers,

The Ministry of Heavy Industries (MHI) has approved subsidies for 9,800 e-buses in Bengaluru and Hyderabad under the PM E-DRIVE scheme, which aims to deploy 14,028 e-b

The Gujarat government has approved nearly 1.99 lakh hectares of land for setting up a renewable energy park for green hydrogen production. This initiative aims to mak

Fabrum, a New Zealand company specializing in zero-emission transition technologies, has partnered with Sumitomo Australia Pty Ltd to expand access to liquid hydrogen

Türkiye's Wind Energy capacity is set to grow by 1 GW in 2025, reaching 14 GW. The country aims for 120 GW of Solar and Wind capacity by 2035. Recent Wind Energy tend

Polish energy firm Polenergia (WSE:PEP) secured a EUR 125 million bank guarantee agreement with Bank Polska Kasa Opieki and BNP Paribas Bank Polska to finance the Balt

The Central Electricity Authority has issued advisory on co-locating Battery Energy Storage including solar power projects. As per the National Electricity plan in ord

Apex Clean Energy Texas BESS with the capacity of 100MW/200MWh located in Great Kisakdee in Hidalgo County Texas. The initial anticipated commercial operation date in

Norway based startup Elinor Batteries is starting up a new project the Orkan DC Block with partnering Morlus which claims to deliver 30% more energy density than exist

Vikram Solar Limited has expanded its manufacturing capacity to 4.5 GW, adding 1 GW at its Falta facility in West Bengal and upgrading its Chennai unit for advanced So

UK based Company Give Energy launches hybrid inverter supports 80KWh of three phase battery storage system. This type of product is well suited for residential use. It

Waaree Energies announced securing an order to supply 362.5 MWp Solar PV modules to a domestic entity engaged in Renewable Power Projects. The company's regulatory fi

ReNew Energy reported an 11% YoY increase in Q3 FY25 EBITDA to ₹1,388.2 crore, with total income reaching ₹2,119.8 crore (10% growth). Operating capacity rose 25.5

The Central Electricity Regulatory Commission (CERC) approved tariffs for 1,200 MW Wind-Solar Hybrid Power Projects (Tranche-VIII) under Section 63 of the Electricity

The UK government is trying to focus on the clean power target 2030 to meet the legal binding 2050 demand of carbon reduction. The investors claim that lithium is goin

Sunsure Energy, backed by Partners Group, signed its first utility-scale solar PPA with SECI to supply 300 MW of Renewable Energy. The ₹1,800 crore Solar Park in Bik

Sri Lanka and India have agreed to establish 120 MW Solar Power plants in Sampur, Trincomalee. The project will be executed in two phases: 50 MW in the first and 70 MW

The Australian Federal has funded more than AUD 50 million for hybrid solar+BESS project. The funding round attracted 165 applicants for grants of between AUD 25,000 a

Laos and Vietnam have signed an agreement to develop a 1,200 MW Wind Power Project in Nong district, Savannakhet, Laos. Led by Chitchareune Construction Co., Ltd., the

Japan’s Sumitomo Corporation acquired a 50% stake in the 1GW Liivi Offshore Wind Farm from Enefit Green. The project, located in the Gulf of Riga, Estonia, will feat

Tata.ev celebrates selling 2 lakh EVs with discounts for 45 days. Offers include up to ₹50,000 exchange bonus, zero down payment, and 100% on-road financing. Nexon E

Tesla plans to enter the Indian market by importing vehicles from its German factory instead of China. The company aims to benefit from India's new EV policy, which of

JBM Ecolife Mobility, a subsidiary of JBM Auto Ltd., secured a ₹5,500 crore contract under the PM-eBus Sewa Scheme for 1,021 electric buses. Covering Gujarat, Mahara

Servotech Renewable Power System Ltd. has partnered with Watt & Well SAS to Design, Manufacture, and sell EV Charger Components in India. Initially, they will develop

Castrol is investing $50 million in Taiwan-based Gogoro Inc., a leader in swappable batteries for Electric Two-wheelers. The investment, part of Castrol’s ‘Onward,

Energy Storage mandate in Solar Projects is expected to release the stress in grid stability by lowering electricity bills for business & also managing demand for

Kuwait’s Minister of Electricity, Water, and Renewable Energy, Dr. Mahmoud Boushehri, emphasized innovation, cooperation, and strategic planning in transforming the

The Ministry of Power (MoP) has amended Tariff-Based Competitive Bidding (TBCB) guidelines for Solar PV Projects to improve compliance, grid integration, and efficienc

The Commission has framed the draft OERC (Procurement of Energy from Renewable Sources and its Compliance) Regulations.