NTPC

Amara Raja Power Systems Selects Nextracker to Supply Solar Trackers for NTPC's 306 MWp Nokh Power Plant

Retrieved on: 
Tuesday, December 20, 2022

NEW DELHI and HYDERABAD, India, Dec. 20, 2022 /PRNewswire/ -- Nextracker, the leading global provider of intelligent solar tracker and software solutions, today announced the signing of a master supply agreement (MSA) with Amara Raja Power Systems Limited to deliver its award-winning solar trackers for NTPC Limited's Nokh Solar Project – soon to be one of India's largest solar parks. Amara Raja is executing this 306-megawatt peak (MWp) project, as a ground-mounted utility-scale power plant spread over 1,850 hectares (approximately the equivalent of 3,500 contiguous football fields) in the state of Rajasthan. 

Key Points: 
  • Amara Raja is executing this 306-megawatt peak (MWp) project, as a ground-mounted utility-scale power plant spread over 1,850 hectares (approximately the equivalent of 3,500 contiguous football fields) in the state of Rajasthan.
  • "In line with the government's vision to bring more renewables into the energy mix, we are delighted to collaborate with Nextracker, the global leader in solar tracker technology, on the landmark Nokh solar project," stated Dwarakanadha Reddy, Business Head Projects Division, Amara Raja Power Systems.
  • "We are grateful for this opportunity to partner with Amara Raja and India's largest power public sector utility, NTPC Limited," said Dan Shugar, Nextracker founder and CEO.
  • Our products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance.

Energy Companies from Europe, North America and Asia Won Honors at S&P Global Commodity Insights' 24th Annual Platts Global Energy Awards

Retrieved on: 
Friday, December 9, 2022

NEW YORK, Dec. 8, 2022 /PRNewswire/ -- S&P Global Commodity Insights, the leading global independent provider of data, insights, analysis and benchmark prices for the commodities, energy and energy transition markets, tonight honored industry excellence in 19 performance categories at the Platts Global Energy Awards gala held at the Cipriani Wall Street in downtown New York City. The Awards program, now in its 24th year and often described as the "Oscars" of energy,  recognizes corporate and individual innovation, leadership, and performance in the energy and petrochemicals industry, and bestowed honors on energy companies from the U.S., U.K, Denmark, Uzbekistan, India, United Arab Emirates and Singapore. For a second consecutive year, CNBC correspondent Kristina Partsinevelos, whose reporting appears on television and CNBC's digital platforms, emceed the event, continuing a long history of CNBC guest hosts. 

Key Points: 
  • The theme for this year's Platts Global Energy Awards and program, aimed at exemplifying the attributes of the leaders making a difference in the industry and their communities, is: Committed.
  • Saugata Saha, President of S&P Global Commodity Insights, said:"We are proud to recognize the leadership and innovation of this year's finalists and winners of the Platts Global Energy Awards.
  • In the individual achievement categories of the Platts Global Energy Awards, winners included:
    Gurdeep Singh of India's NTPC, who walked away with one of the most hotly contested awards of the evening: CEO of the Year.
  • For full details of the Platts Global Energy Awards and this year's winners, access the December issue of the S&P Global Commodity Insights Magazine, or visit the Platts Global Energy Awards website .

Batteries for Solar Energy Storage Market Forecast to 2028 - Global Analysis By Battery Type, Application, and Connectivity - Decline in Prices of Lithium-Ion Batteries - ResearchAndMarkets.com

Retrieved on: 
Friday, September 23, 2022

The batteries for solar energy storage market size is projected to reach US$ 9,478.56 million by 2028 from US$ 3,149.45 million in 2022.

Key Points: 
  • The batteries for solar energy storage market size is projected to reach US$ 9,478.56 million by 2028 from US$ 3,149.45 million in 2022.
  • Thus, such upcoming investment prospects, along with an increasing number of solar energy projects, are augmenting the growth of batteries for solar energy storage market size over the forecast period.
  • The adoption of batteries for solar energy storage among commercial, residential, and industrial sector drives the growth of the batteries for solar energy storage market.
  • Thus, such investments in the solar power industry and battery systems are driving the batteries for solar energy storage market dynamics over the projected timeframe.

Indigenous-owned company forging a new path toward renewable energy in Inuvik

Retrieved on: 
Tuesday, August 16, 2022

Nihtat Energy Ltd., a northern Indigenous-owned and operated company, is developing a 1-megawatt solar farm on a brownfield site in Inuvik, Northwest Territories.

Key Points: 
  • Nihtat Energy Ltd., a northern Indigenous-owned and operated company, is developing a 1-megawatt solar farm on a brownfield site in Inuvik, Northwest Territories.
  • This will improve local air quality and save the community $1 million in diesel costs per year.
  • While in Inuvik, Minister Vandal visited with Nihtat Energy Ltd. president Grant Sullivan and toured several other solar projects in the area.
  • This is why the federal government is pleased to support projects like Nihtat Energy's solar farm in Inuvik.

India Hydrogen Generator Market Report 2022: 11% Annual Growth to 2027 Driven by Environmental Benefits of Hydrogen Fuel - ResearchAndMarkets.com

Retrieved on: 
Friday, August 5, 2022

The "India Hydrogen Generator Market Outlook (2021-2027): Market Forecast By Technology (Ammonia Cracker Hydrogen Generator, Methanol Cracker Hydrogen Generator, Steam Methane Reforming Hydrogen Generator, Electrolysis Hydrogen Generator) And Competitive Landscape."

Key Points: 
  • The "India Hydrogen Generator Market Outlook (2021-2027): Market Forecast By Technology (Ammonia Cracker Hydrogen Generator, Methanol Cracker Hydrogen Generator, Steam Methane Reforming Hydrogen Generator, Electrolysis Hydrogen Generator) And Competitive Landscape."
  • The India hydrogen generator market witnessed significant growth during the 2017-2019 period owing to growth in key application sectors such as the refining sector, petrochemical, and edible oil industries.
  • According to the publisher, the India Hydrogen Generator Market revenue size is projected to grow at a CAGR of 11.0% during 2021-2027.
  • Further, since major application industries such as refineries, and petrochemical processing were operating during the nationwide lockdown demand for steam methane reforming hydrogen generator held up in India.

Energy Vault Expands in APAC with the Appointment of Lucas Sadler as Vice President of Sales and Business Development, Asia & Pacific

Retrieved on: 
Thursday, May 26, 2022

Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the appointment of Lucas Sadler as Vice President of Sales and Business Development, Asia & Pacific (APAC), based in Melbourne, Australia.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a leader in sustainable, grid-scale energy storage solutions, today announced the appointment of Lucas Sadler as Vice President of Sales and Business Development, Asia & Pacific (APAC), based in Melbourne, Australia.
  • Sadler joins Energy Vault with more than 30 years of sales leadership experience across the renewable energy, power generation and energy storage sectors.
  • Immediately prior to joining Energy Vault, he served as Vice President of Sales, Australia and New Zealand, at Fluence Energy Inc.
  • "Energy Vault is bringing innovative energy storage technologies and solutions to market, solving many of the limitations of other storage technologies," said Lucas Sadler, Vice President of Sales and Business Development, Asia & Pacific (APAC), Energy Vault.

Energy Vault Reports First Quarter 2022 Earnings Results

Retrieved on: 
Monday, May 16, 2022

Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (Energy Vault), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the first quarter ended March 31, 2022.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) (Energy Vault), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the first quarter ended March 31, 2022.
  • First Quarter 2022 Financial Highlights:
    First quarter 2022 revenue of $42.9 million, resulting from a licensing and royalty agreement with Atlas Renewable announced in February 2022.
  • Energy Vault will host a conference call today at 5:00PM ET to discuss the results, followed by a Q&A session.
  • To access the call, participants may dial 1-877-704-4453, international callers may use 1-201-389-0920, and request to join the Energy Vault earnings call.

Arctech Win Awards for Team and Tech Excellence in India

Retrieved on: 
Thursday, December 30, 2021

The three awards are Company of the Year - Tracker (International) in the category of Excellence Company Awards, Project Team of the Year in the category of Team Excellence Awards, and Expert of the Year in the category of Individual Leadership Awards.

Key Points: 
  • The three awards are Company of the Year - Tracker (International) in the category of Excellence Company Awards, Project Team of the Year in the category of Team Excellence Awards, and Expert of the Year in the category of Individual Leadership Awards.
  • These awards have proved that Arctech has firmly held the No.1 position in the solar tracker industry in India.
  • "We are getting stronger as a team and will continue to strengthen our portfolio in the region!"
  • Remarked by Gail Chen, General Manager of East Asia and India at Arctech.

Bloom Energy to Power India’s First Green Hydrogen Microgrid

Retrieved on: 
Monday, December 20, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211220005276/en/
    The new green hydrogen microgrid will utilize Bloom Energys solid oxide, high temperature electrolyzer to generate hydrogen from green electricity generated by a nearby floating solar farm.
  • The green hydrogen will then be converted into carbon neutral electricity without combustion through Blooms hydrogen fuel cells to power NTPCs Guest House.
  • (Graphic: Business Wire)
    Bloom Energy (India) Private Limited, a wholly owned subsidiary of Bloom Energy, was selected for its holistic, comprehensive and efficient technology ecosystem spanning green hydrogen production and carbon-free power.
  • Bloom Energy is engaged with industry leaders to accelerate the global hydrogen economy, including projects related to producing low-cost, green hydrogen and utilizing nuclear energy to create clean hydrogen.

India EV Charging Stations Setting Market Report 2021: Examine State-Wise Location Feasibility & Indexation - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 17, 2021

The "Fitment Indexation for Value Chain Players and Opportunity Breakup Analysis of Setting EV Charging Stations in India" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Fitment Indexation for Value Chain Players and Opportunity Breakup Analysis of Setting EV Charging Stations in India" report has been added to ResearchAndMarkets.com's offering.
  • Policy changes at both central and state level are being implemented to pave way for accelerated charging infrastructure capacity creation.
  • This encouragement from the government has increased the interest of many private players to invest across India's EV charging space.
  • Indian EV maker Ather Energy also aims to develop biggest EV charging infrastructure network and terms it as "Ather Grid".