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ENERGY STORAGE INFRASTRUCTURE INDIA
India's data-centre capacity may surge to 24-26 GW, impact on overall power demand to remain limited: CEA ChairmanIndia's data-centre capacity may increase to 24-26 GW, which is substantially higher than the current capacity. However, this growth will s...- India's data centre capacity may surge to 24-26 GW, impact on overall power demand to remain limited: CEA ChairmanIndia's data-centre capacity could surge to 24-26 GW from less than 2 GW currently, however, its share of overall electricity demand is lik...
- AI can improve forecasting, decision-making and grid reliability in power sector: CEA ChairmanArtificial intelligence holds the potential to revolutionize India’s electricity sector with advanced forecasting capabilities and enhanced...
- Non-lithium batteries set to cut India's 50% storage imports by 2035: NetraRecent surveys suggest that India's battery energy storage sector is transforming towards non-lithium technologies. These include sodium-io...
- Aegis Logistics to acquire 89.8% stake in Dubai-based Tristar Holdings for $809 millionAegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's g...
- India's electricity demand set to outpace overall energy demand by 2035; data centres to fuel growth: S&P GlobalIndia's electricity demand is projected to increase as industries move towards electric and hydrogen-based processes. This growth in demand...
- Tata Power announces ₹15,000 crore Mumbai grid expansion plan to meet rising AI demandTata Power is implementing its ₹15,000 crore plan expand its transmission network in Mumbai and is intended to support the increasing energ...
- Adani, Jabil sign MoU for AI & data centre equipment JVAdani Enterprises and Jabil are forming a joint venture to manufacture artificial intelligence and data centre equipment in India. This ven...
- Adani Enterprises, Jabil sign pact for AI, data centre hardware joint ventureAdani Enterprises and Jabil have signed a Memorandum of Understanding to establish a joint venture in India. This venture aims to manufactu...
- Tata Power, Imperial College London collaborate for opportunities in energy transitionTata Power has signed an agreement with Imperial College London to explore collaboration in energy transition research. This partnership wi...
- Cabinet nod sought to extend power fund for 5 yearsThe power ministry is pursuing Cabinet approval for continuing the Power System Development Fund in upcoming finance cycles. The fund suppo...
- India wastes 1.8 billion units of renewable power amid shortages and dwindling coal stocks: ReportIn July and August, India faced significant curtailment of renewable electricity despite rising power demand. Nearly 1.8 billion units of e...
- India's battery energy storage sector set for 91% growth to 302GWh by FY32E: NuvamaIndia's Battery Energy Storage System (BESS) sector is projected to register a compound annual growth rate (CAGR) of 91 per cent between FY...
- NTPC invites industrial partners for 26% equity in co-generation projectsNTPC Limited invited Expressions of Interest from commercial and industrial entities willing to invest 26 per cent equity in co-generation ...
- India, Singapore eye 2,000 MW power corridorIndia and Singapore are considering plans for a 2,000 MW cross-border power interconnection that could enhance energy security. The propose...
- India's battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment: ReportIndia's battery energy storage system market is expected to reach 236.22 GWh by FY2031-32. The country will require Rs 3.49 trillion in inv...
- Sumitomo buys 49% in Hero Future Energies unit for Rs 375 croreJapan's Sumitomo Corporation has made a strategic investment by acquiring a 49% interest in a Hero Future Energies subsidiary for ₹375 cror...
- UN climate chief hails India's Green Energy Corridor-III, says grid strengthening will deliver "big dividends"India’s Rs 1.86 lakh crore Green Energy Corridor Phase-III has won backing from the UN’s top climate official, who said stronger grids and ...
- India needs integrated energy storage policy to build resilience against geopolitical shocks: S&P GlobalGauri Jauhar emphasizes the importance of energy resilience for India's future energy security and storage policies. An integrated framewor...
- India may need over Rs 4 lakh crore investment in energy storage by FY32: ReportIndia's transition to renewable energy is expected to demand significant investments in energy storage solutions. By FY32, approximately Rs...
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