【SMM News Flash】 EnergyPathways closes £1.75 million fundraising to advance MESH storage project

October 13, Central Electricity Authority Chairperson Ghanshyam Prasad told an Indian Chamber of Commerce event that India’s coal capacity additions required by 2035 could rise from the previously planned 97 GW to 105 GW or even 150 GW. These additions use 2023 as the baseline, reflecting rising demand and lower hydropower output. Prasad also said renewable capacity would continue expanding, with annual additions expected to exceed 50 GW. In September, India’s electricity shortfall reached 560 million kWh, coal generation rose 13.3% year on year and hydropower generation fell 20%.

October 13, the US Department of Energy announced plans to support 84 Tennessee Valley Authority transmission and distribution projects across eight states, adding approximately 2.5 GW of grid capacity. Total funding is about $581 million: $250 million in federal support and roughly $331 million in applicant contributions, serving an estimated 2.58 million households and businesses. The initiative falls under the Grid Resilience and Innovation Partnerships program and is expected to support about 800 jobs. Final funding, scope, schedules and award conditions remain subject to executed agreements and applicable environmental, permitting, regulatory and Tribal reviews.

October 10, the National Energy Administration inspected power supply preparations in Beijing for the fifth plenary session of the 20th CPC Central Committee, checking equipment operation and emergency resources at key sites. Regulatory Director Liang Changxin led the inspection, joined by electricity regulators, Beijing’s urban management authority and State Grid. Participating organizations were instructed to implement supply-security responsibilities and preventive measures, refine power supply and emergency plans, and strengthen operational safety and cybersecurity. They must also maintain duty staffing and promptly report and address incidents to secure electricity supply during the session.