Exide Industries Limited has invested around Rs 2 billion in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), to fund the setting up of a greenfield multi-gigawatt lithium-ion cell manufacturing facility in Bengaluru, Karnataka. […]
By Debabrata Ghosh, Head of India; Siddhant Shah, Research Associate; and Namit Agrawal, Research Associate, Aurora Energy Research Severe heatwaves in April and May 2026, followed by a delayed southwest monsoon and below-average rainfall, have […]
Pace Digitek Limited’s subsidiary Lineage Power Private Limited has commissioned an additional 2,500 MWh battery energy storage system (BESS) manufacturing line. With the commissioning of the new manufacturing line, Pace Digitek’s total installed BESS manufacturing […]
The African Development Bank (AfDB) Group has approved a €100 million loan to Gotion Power Morocco for the development of an integrated cathode-to-cell lithium iron phosphate (LFP) battery factory. The facility will be located in […]
AmpereHour Energy has inaugurated its battery energy storage system (BESS) manufacturing and integration facility in Chakan, Pune. With a planned capacity of 5 GWh, the facility will focus on the integration of Make in India […]
JSW Energy PSP Eleven Limited (JEPEL), a step-down subsidiary of JSW Energy Limited, has secured an order worth Rs 4.4 billion from Bondada Renewable Energy Private Limited, a wholly owned subsidiary of Bondada Engineering Limited. […]
Energy In Motion Limited (EIM), an associate company of Ravindra Energy Limited (REL), has executed a letter of agreement (LoA) with Contemporary Amperex Technology Co., Limited (CATL) to establish a supply partnership for lithium iron […]
LG Energy Solution Vertech has signed a supply agreement with DTE Energy to deploy battery energy storage systems (BESS) across Michigan. The partnership will support eight projects over the next two years, delivering a total […]
Fujiyama Power Systems Limited has commissioned a 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh. The facility is part of the company’s greenfield manufacturing expansion programme, and has been planned with manufacturing capacities […]
PowerX has announced plans to establish a manufacturing facility, Power Base Hokkaido, in Hokkaido, Japan to expand production of grid-scale battery energy storage systems (BESS). The facility will manufacture the Mega Power 2500, a containerised […]
ChemVolt Global has inked a MoU with the Andhra Pradesh government for the development of a 5 GWh lithium-ion cell manufacturing gigafactory. The facility will have a planned investment of Rs 25 billion. The gigafactory […]
By Anshul Gupta, Spokesperson and Board Representative, OPG Mobility India is at the forefront of the global electric mobility revolution, poised to become one of the largest consumers of electric vehicles (EVs). The change is […]
To reduce import dependency, enhance energy security and meet decarbonisation goals, India must scale up its battery and electrolyser manufacturing capacity. Cost considerations further strengthen the case for localised production. Transportation costs, import duties and […]
Exide Industries Limited has invested Rs 1499.90 million in its lithium battery subsidiary, Exide Energy Solutions Limited (EESL), through a rights-based equity subscription. This brings Exide’s total investment in EESL to Rs 33,022.3 million, inclusive […]
Amara Raja, a battery manufacturer announced that it plans to establish Telangana’s first gigafactory for lithium cell and battery pack manufacturing. The gigafactory is planned to employ approximately 4,500 people directly and a comparable number […]
Scaling and stabilising lithium-ion battery cell manufacturing in India is critical to India realising its decarbonisation goals. This issue brief deconstructs the lithium-ion battery cell manufacturing process, estimates the material and finance requirements, and offers […]
NanoGraf, a battery materials company announced a $65 million Series B funding round. Volta Energy Technologies and CC Industries co-led the funding round and witnessed participation from GIC, Emerald Technology Ventures, Material Impact, Arosa Capital, […]
Growatt, a Chinese solar inverter manufacturer, has begun the first phase of its production plant in Haiphong, Vietnam. The facility will have an annual capacity of 500,000 inverters and 100,000 batteries. The new facility will […]
Epsilon Advanced Materials, a completely owned division of Epsilon Carbon Private Limited has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 90 billion for a 10-year period for the […]
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