Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Axpo Establishes Battery, Hydrogen Units

- Advertisement -
  • It will be putting the respective teams in place during the coming months
  • Axpo has been active in the construction, operation, management and marketing of large-scale battery storage systems for some time

Axpo is establishing two new departments in the batteries and hydrogen business fields. It said that Battery storage will be a crucial technology for security of supply during the transition to a CO2-free energy world. Hydrogen generated from renewable sources can significantly reduce CO2 emissions from industry and transport. It will be putting the respective teams in place during the coming months.

Christoph Sutter, Head of the Axpo Renewables Division, commented: “We have strongly expanded our renewable energies business in recent years and, with our subsidiaries Volkswind and Urbasolar, are in an excellent position in wind and solar energy. Battery storage and hydrogen technologies will become increasingly important to ensure that power from renewable sources is continuously available. Therefore, it’s only logical that we now want to specifically target and drive forward activities in these promising business fields.”

Developed a 2-MW battery storage facility in Rapperswil-Jona in 2019

- Advertisement -

Axpo has been active in the construction, operation, management and marketing of large-scale battery storage systems for some time. In Switzerland, the company developed a 2-MW battery storage facility in Rapperswil-Jona in 2019, and at the end of 2020 announced the construction of a 6.25-MW storage system in Rathausen/Lucerne.

Axpo markets the flexibility options of a 30-MW battery storage system in Yllikkälä, Finland. By means of an IT platform, flexibility options from power storage and decentralised renewable energy facilities are marketed on the ancillary service and balancing energy markets, and in day-ahead and intraday trading. Axpo’s battery storage services will now also be specifically developed on an international scale.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

“Our Manufacturing Setup In UK Is Highly Competitive!”

0
Harwin is a global supplier of connectors. Their claim to fame is that they provide quality products at unbelievable pricing. With manufacturing units in...

“We are Not a Locker Manufacturing Company; We are a Logistics Company”

0
With plans to blend logistics and e-commerce, Podrones envisions revolutionising the logistics sector. Founder Aniruddha Gupte told EFY’s Yashasvini Razdan all about the startup’s...

Union Budget 2024-25: What Can The Electronics Sector Expect?

0
Focusing on localisation in the electronics ecosystem, the first Union Budget post-elections has revamped customs duties on raw materials and equipment, extending support for...

Buzz

India Gives Big Policy Boost To Renewable Energy sector

0
Aiming to bolster India's green transition, the fiscal 2025 budget allocates $13.9 trillion to the renewable energy and power sector, boosting solar module production. During...

MeitY Seeks Firm To Oversee Semiconductor Program

0
To ensure effective monitoring, MeitY is seeking an agency to look after the Semicon India Program's implementation, fiscal support, and progress. The Ministry of Electronics...

Visteon Bags Orders Worth $3.1B In H1 With Digital Cockpit, EV Growth

0
Displays account for almost $1.8 billion in recent orders. These include a substantial, curved OLED display for a luxury vehicle platform, a dual display...

Important Sectors

India Gives Big Policy Boost To Renewable Energy sector

0
Aiming to bolster India's green transition, the fiscal 2025 budget allocates $13.9 trillion to the renewable energy and power sector, boosting solar module production. During...

MeitY Seeks Firm To Oversee Semiconductor Program

0
To ensure effective monitoring, MeitY is seeking an agency to look after the Semicon India Program's implementation, fiscal support, and progress. The Ministry of Electronics...

Visteon Bags Orders Worth $3.1B In H1 With Digital Cockpit, EV Growth

0
Displays account for almost $1.8 billion in recent orders. These include a substantial, curved OLED display for a luxury vehicle platform, a dual display...

Foxconn Plans To Assemble iPads In India

0
Complementing Apple's diversification strategy away from China, Foxconn aims to tap into India's growing supply chain, planning to assemble Apple's iPad in Tamil Nadu.  Foxconn's...

Mobile Makers Invested ₹82.82 Billion Under PLI Till June

0
Combining the investment of greenfield and brownfield companies, 32 companies invested ₹82.82 billion under India's PLI scheme for large-scale electronics till June, revealed Minister...

Manufacturing

MeitY Seeks Firm To Oversee Semiconductor Program

0
To ensure effective monitoring, MeitY is seeking an agency to look after the Semicon India Program's implementation, fiscal support, and progress. The Ministry of Electronics...

Government Calls For Increased Local Production In EV Manufacturing

0
In recent talks with stakeholders, the ministry proposed lowering the number of components covered under the Phased Manufacturing Programme (PMP) in FAME-III from 18...

Ministry Proposes Reduced PMP Components for FAME-III

0
Eyeing to spark local EV-manufacturing boom under the FAME-III scheme, the Ministry of Heavy Industries proposed to reduce the phased manufacturing programme components. The Ministry...

Budget’24-25: MeitY’s Allocation Soars 52% to ₹219.36 Billion

0
Eyeing to boost India’s position in the global semiconductor industry, this time, Union Budget increased MeitY’s funding by 52% to ₹219.36 billion due to...

Nefab Opens Second Semiconductor Packaging Facility In Malaysia

0
Boosting advanced sustainable manufacturing practices, Nefab has established a new semiconductor packaging plant in Batu Kawan, Malaysia, which will be fully operational next year. Nefab,...