Virtual Meet to Drive Clean Energy Adoption in Jharkhand and Chhattisgarh

O2 Power, Continuum and CleanMax: Top Open Access Developers in 2023

Daily News Wrap-Up: Top Solar Module Mounting Firms in 2023

US Brings Back Tariffs on Imported Bifacial Solar Modules

Enfinity Secures $135 Million for 1.2 GW of Solar and Wind Projects in India

Coal India Subsidiary Invites Bids for 20 MW of Solar Projects in Odisha

Eos Energy Narrows Loss in Q1 2024, Cuts Direct Material Cost

SJVN’s Subsidiary Invites Bids for 377 MW of Solar Modules

Singareni Collieries Issues Consultancy Tender for 67.5 MW Solar Project

Rajasthan Regulator Approves Tariff for NLC India’s 810 MW Solar Project


					<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls   controlsList="nodownload" >
				<source type="audio/mpeg" src="https://cms.mercomindia.com/wp-content/uploads/2023/11/amazon_polly_60359.mp3?version=1700022059">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><p><a href="https://www.mercomindia.com/accrediting-carbon-verification-agencies/" target="_blank" rel="noopener"><strong>The Bureau of Energy Efficiency (BEE) issued a draft Accreditation Procedure and Eligibility Criteria for Accredited Carbon Verification Agencies (ACV).</strong></a> Stakeholders can submit their comments by November 22, 2023. Under the new procedure, the reduction in greenhouse gas emission intensity achieved by obligated entities will be assessed by ACVs accredited by BEE. The ACV carrying out verification under the Indian Carbon Market must be accredited for the sectoral scope where activity needs to be carried out.</p>
<p><a href="https://www.mercomindia.com/saudi-arabia-bids-solar-projects/" target="_blank" rel="noopener"><strong>The Saudi Power Procurement Company issued a request for qualification for the fifth round of solar projects with a total capacity of 3,700 MW under the National Renewable Energy Program.</strong></a> The last date for bid submission is December 05, 2023. As of now, essential details related to the bid, such as tender fees, Earnest Money Deposit, and Performance Bank Guarantee, are unspecified. The project scope includes the development, cost estimation, contracting, and tendering of lump-sum turnkey engineering, procurement and construction arrangements, operation and maintenance agreements throughout the project’s operational term, and financing for solar projects.</p>
<p><a href="https://www.mercomindia.com/huasun-claims-power-output-in-hjt-solar-modules/" target="_blank" rel="noopener"><strong>Chinese solar manufacturer Huasun claimed to set a new benchmark in power output for heterojunction (HJT) photovoltaic modules by achieving a power output of 750.544W and demonstrating a conversion efficiency of 24.16%.</strong></a> Within a span of six weeks following its earlier accomplishment in late September, the Huasun Himalaya G12-132 HJT solar module received certification from Germany headquartered TÜV SÜD, a third-party testing and certification institution. The Himalaya G12-132 module is constructed using double-sided microcrystalline G12-20BB HJT solar cells produced at Huasun’s Xuancheng Phase IV HJT Cell Project.</p>
<p><a href="https://www.mercomindia.com/plug-power-reports-hydrogen-supply-challenges-mount" target="_blank" rel="noopener"><strong>Plug Power, a U.S.-based hydrogen fuel cell company, recorded a net loss of $283.48 million during the third quarter of the financial year 2023, a year-over-year increase in losses by 66% from $170.76 million.</strong></a> Plug’s finances took a hit as the North American hydrogen supply faced unexpected challenges, causing delays in plan executions and service margin improvements. The company believes that this hydrogen supply obstacle is a temporary issue, particularly with the anticipation that the facilities in Georgia and Tennessee will operate at full capacity by the end of the year.</p>
<p><a href="https://www.mercomindia.com/exxonmobil-drills-for-first-production-for-2027/" target="_blank" rel="noopener"><strong>Global energy and petrochemicals company ExxonMobil Corporation initiated the lithium drilling process in southwest Arkansas, in the United States, which houses significant reserves of lithium, commonly used in electric vehicle (EV) batteries.</strong></a> By 2030, the company aims to be producing enough lithium to supply the manufacturing needs of well over a million EVs annually. Committed to becoming the leading lithium producer, the company will utilize direct lithium extraction technology to separate the mineral from the saltwater, which will then be converted to onsite battery-grade material.</p>


Daily News Wrap-Up: Draft Eligibility Criteria For Accredited Carbon Verification Agencies


					<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls   controlsList="nodownload" >
				<source type="audio/mpeg" src="https://cms.mercomindia.com/wp-content/uploads/2023/11/amazon_polly_60339.mp3?version=1699948667">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><p>Global energy and petrochemicals company <a href="https://corporate.exxonmobil.com/" target="_blank" rel="noopener">ExxonMobil Corporation</a> has initiated the lithium drilling process in southwest Arkansas, in the United States, which houses significant reserves of lithium, commonly used in electric vehicle (EV) batteries.</p>
<p>By 2030, the company aims to be producing enough lithium to supply the manufacturing needs of well over a million EVs annually.</p>
<p>Committed to becoming the leading lithium producer, the company will utilize direct lithium extraction (DLE) technology to separate the mineral from the saltwater, which will then be converted to onsite battery-grade material. The DLE process produces fewer carbon emissions as opposed to conventional oil and gas drilling methods used to access lithium-rich saltwater from reservoirs.</p>
<p>“Lithium is essential to the energy transition, and ExxonMobil has a leading role to play in paving the way for electrification. This landmark project applies decades of ExxonMobil expertise to unlock vast supplies of North American lithium with far fewer environmental impacts than traditional mining operations,” said Dan Ammann, president of ExxonMobil Low Carbon Solutions.</p>
<p>Southwest Arkansas holds significant lithium deposits, making it a viable location for the company’s first North American lithium production phase. The company hopes domestic sourcing of lithium will contribute to energy security, support manufacturing, and advance the country’s climate policy objectives with a lesser environmental impact.</p>
<p>This comes after the company acquired the rights to 120,000 gross acres of the Smackover formation in southern Arkansas earlier this year. The state administration is working with ExxonMobil to successfully scale up Arkansas’ emerging lithium industry.</p>
<p>The demand for lithium is expected to increase by four times by 2030. Currently, all lithium is produced outside of North America. Earlier this year, India <a href="https://www.mercomindia.com/india-lithium-reserves-in-jammu-kashmir" target="_blank" rel="noopener">discovered</a> its first-ever lithium reserves in Jammu and Kashmir’s Reasi district.</p>
<p>The non-ferrous metal also <a href="https://www.mercomindia.com/lithium-price-drop-hopes-evs-affordable-india" target="_blank" rel="noopener">underwent</a> a price drop from ~$73,000 per MT in January to ~$34,000 in March.</p>


ExxonMobil Drills for Lithium in Arkansas, Targets First Production for 2027

exxonmobil

Get the most relevant India solar and clean energy news.

RECENT POSTS