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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