Domestic industry body IESA and KOTRA of Korea have signed a memorandum of understanding (MoU) to jointly work in the field of energy storage and e-mobility. As part of the MoU, the two bodies will exchange knowledge and information, establish best practices, and create new business opportunities in... Read more
Increasing cost of fuel and the attractive incentives being offered by the centre and various state governments for the production and purchase of electric vehicles are anticipated to drive the electric vehicle growth in India. This is evident from the fact that recently, during the India Energy Sto... Read more
MoEVing Urban Technologies Pvt. Ltd, which operates electric mobility technology platform, MoEVing Wednesday said it has secured an additional funding of $5 million (around Rs 38.6 crore) through a mix of equity and debt, as a part of its seed round. The firm plans to use the fresh funds to ram... Read more
India is at the cusp of the electric vehicle (EV) revolution and the country now needs innovative ways to use renewable energy for battery storage, Union Road Transport and Highways Minister Nitin Gadkari said here on Wednesday. The battery technology will be in high demand by 2030, bolstering the ... Read more
In a bid to accelerate the adoption of energy storage, e-Mobility, green hydrogen & microgrids in India, India Energy Storage Alliance (IESA), India’s leading industry alliance is all set to host its flagship annual hybrid conference and exhibition, ‘India Energy Storage Week (IESW)’ from ... Read more
Amid multiple cases of electric two-wheelers catching fire, experts said there is a need to focus on safety and frequent testing of battery packs in realtime conditions. Experts added that one can understand any technology better only when tested and used in the real world. "When we talk about ... Read more
The United Nations Industrial Development Organization (UNIDO) Regional Office in New Delhi has announced the launch of 5th Innovation Challenge on Innovative Low Carbon Technologies. Applications will be accepted until 31st May 2022. The Innovation Challenge is conducted under the Facility for Lo... Read more
The government-controlled Solar Energy Corporation of India (SECI) has launched a 500MW/1,000MWh pilot tender for large-scale standalone battery storage. SECI issued a Request for Selection (RFS) document yesterday, seeking to procure the battery energy storage systems (BESS) through a tariff-b... Read more
Battery energy storage system (BESS) integrator and manufacturer Powin Energy is the latest international company to target rising opportunities in India. The Oregon-headquartered US company has entered a partnership with Indian renewables platform group O2 Power and could seek to establish loc... Read more
Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS. The Ministry of Heavy Industries officially announced the winning bidders that competed for funds throu... Read more
Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambit... Read more
Independent power producers (IPPs) Greenko and Ayana Renewable Power will leverage large-scale energy storage to give industrial customers in India ‘round-the-clock’ renewable power supply. The pair said this week that they are teaming up to offer industrial entities and distribution compan... Read more