India eyes self-reliance in battery cells with lithium recycling push
India could achieve self-reliance in battery cell manufacturing by domestically recycling lithium and reusing it in batteries, an Indian government official claimed this week at a battery manufacturing conference in in New Delhi.
Exide Industries invests $17.2 million in lithium battery plant in India
Kolkata-based Exide Industries has invested INR 1.49 billion ($17.2 million) in Exide Energy Solutions through a rights offering. The investment will support the construction of a greenfield lithium battery plant in Bengaluru, India, in addition to other funding needs.
China’s CGN New Energy announces winning bidders in 10 GWh BESS tender
CGN New Energy has selected seven winners from 50 bidders in its 10 GWh battery energy storage system (BESS) tender, with the lowest bid at CNY 0.458/Wh ($63/kWh).
US bans five Chinese PV firms under Uyghur Forced Labor Prevention Act
Under the Uyghur Forced Labor Prevention Act (UFLPA), the US authorities have banned five Chinese companies from providing products and services in the United States.
Solar dominates Poland’s latest renewables auctions
Figures from Poland’s Energy Regulatory Authority (URE) show that solar accounted for 198 of the 200 successful bids awarded under the country’s latest renewables auctions. Auctions covering hydroelectric power plants, agricultural biogas plants, and biomass went unresolved due to a lack of valid offers.
A tumultuous year for solar and batteries
In five key trends, pv magazine looks back over a year that saw PV module prices fall lower than many thought possible, while demand was restrained by grid congestion, among other challenges. Energy storage has had a strong year and geopolitics is seeing solar and battery manufacturing enter new regions as competition drives technical innovation.
Polish capacity market auction for 2029 catalyzes gigawatts of battery storage
The much-anticipated capacity market auction for 2029 conducted by Polskie Sieci Elektroenergetyczne (PSE) ended in the seventh round with a price of PLN 264.90 ($62.12)/kW per year. Such a clearing price rendered gas projects uneconomical and left significant room for battery storage systems to secure contracts.
Midea Hiconics releases new residential all-in-one battery storage systems
The Chinese company says its three-phase Hienergy series can pair with PV arrays of up to 8.5 kW, with battery storage reaching up to 40.8 kWh.
Nord/LB to invest €73 million in 100 MW Polish solar farm
Renewables developer OX2 has secured a €73 million ($76.8 million) financing package from bank Nord/LB for a 100 MW solar farm currently under development in southwestern Poland.
More than 19 GW of solar projects set for implementation in Poland
Poland’s Institute for Renewable Energy (IEO) says that building permits have been issued for nearly 1,500 solar projects totaling over 12.3 GW. Some of these projects may secure authorization in Poland’s upcoming renewables auction, set for December.
