EV Adoption Could Generate $11 Billion for DISCOMs_ ASSOCHAM-EY

EV Adoption Could Generate $11 Billion for DISCOMs: ASSOCHAM-EY

Distribution companies (DISCOMs) in India are likely to witness to a windfall once mass adoption of electric vehicles (EVs) begins across the country, predicted a new study titled, Electrifying India: ...
ISRO Offers to Transfer its Li-ion Cell Technology to Suitable Industries and Start-ups

ISRO Offers to Transfer its Li-ion Cell Technology to Suitable Industries and Start-ups

Vikram Sarabhai Space Centre (VSSC), a part of Indian Space Research Organisation (ISRO), has invited applications regarding the Request for Qualification (RFQ) to transfer its in-house developed Li-ion cell technology ...
Enphase to Acquire SunPower's Microinverter Business

Enphase to Acquire SunPower’s Microinverter Business

Enphase Energy and SunPower Corporation have announced the signing of a definitive agreement under which Enphase will acquire SunPower's microinverter business. Enphase will be acquiring the microinverter business for $25 ...
Raasi Group to Setup Li-Ion Battery Manufacturing Unit in Tamil Nadu

Raasi Group to Set up Li-Ion Battery Manufacturing Unit in Tamil Nadu

The Central Electro Chemical Research Institute (CECRI), which comes under the Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd have signed a Memorandum of Agreement ...
Dynapower and Raychem Sign Agreement to Bring Energy Storage Inverter Technology to India

Dynapower and Raychem Sign Deal to Bring Energy Storage Inverter Technology to India

Dynapower, an energy storage solutions provider, has entered into an agreement with Raychem RPG to bring its energy storage inverter technology and know-how to India and other SAARC (South Asian Association ...
IFC to Invest $8 Million in Lithium Urban Technologies

IFC to Invest $8 Million in Lithium Urban Technologies

The International Finance Corporation (IFC), a member of the World Bank Group, plans to invest $8 million in Lithium Urban Technologies Private Limited, a corporate employee transportation (CET) aggregator in ...
has signed a mandate with the government of Uzbekistan to increase its renewable power capacity and encourage private sector investment in Uzbekistan’s renewable energy sector.

New Water-Based Battery to Store Solar, Wind Energy

Researchers at Stanford claim to have developed a water-based battery that can provide a better solution than lithium-ion for storing solar and wind energy, according to the journal Nature Energy. Though ...
Funding in Global Battery Storage Sector Surges to $299 Million in Q1 of 2018

Funding in Global Battery Storage Sector Surges to $299 Million in Q1 of 2018

The fledgling energy storage industry is rapidly gaining momentum in the domestic as well as the international markets. Realizing the importance of energy storage, an increasing number of players are ...
Sungrow Enters Indian Market with 3 GW Inverter Manufacturing Facility in Bengaluru

Sungrow Enters Indian Market with 3 GW Inverter Manufacturing Facility in Bengaluru

Sungrow, a global inverter manufacturer and supplier, is going to strengthen its global delivery capability by establishing a new factory in Karnataka’s capital city of Bengaluru. The new manufacturing facility ...
Exicom Wins Tender to Supply 2,000 EV Chargers to EESL

Exicom Wins Tender to Supply 2,000 EV Chargers to EESL

Energy storage provider Exicom has won the tender to deploy 2,000 Electric Vehicle (EV) chargers under the Energy Efficiency Services Limited (EESL) procurement program. In March 2018, Mercom had reported ...
Mahindra and Ford to Jointly Develop SUVs and EVs for Indian Market

Mahindra and Ford to Jointly Develop SUVs and EVs for Indian Market

Mahindra Group and Ford Motor have announced that they are teaming up to develop sports utility vehicles (SUVs) and small electric vehicles as part of several previously announced joint initiatives ...
Government Urges Battery Manufacturers to Set Up Units in India

Government Urges Battery Manufacturers to Set Up Manufacturing Units in India

The Minister for Power, R.K. Singh, recently chaired a meeting with battery manufacturers in New Delhi to discuss the creation of an ecosystem for incentivizing battery manufacturing in India. Officials ...
BHEL Seeks Partners to Bid for NLC's 20 MW BESS Tender in Andaman & Nicobar

BHEL Seeks Partners to Bid for NLC’s 20 MW BESS Tender in Andaman & Nicobar

Bharat Heavy Electricals Limited (BHEL), a government of India undertaking, is seeking to enter into a consortium agreement with Battery Energy Storage System (BESS) manufacturers or suppliers to bid for ...
Uttar Pradesh Releases Draft EV Manufacturing Policy

Uttar Pradesh Releases Draft EV Manufacturing Policy

With an eye on the future, the Uttar Pradesh state government has created a roadmap for promoting the development of EV vehicle manufacturing capacity in the state, called the Draft ...
EV Tender 10,000 EESL

EESL Issues Tender to Procure 10,000 EVs

In India’s second electric vehicle (EV) tender, the Energy Efficiency Services Limited (EESL) announced it is out for procurement of 10,000 electric vehicles (EVs) to be used by government departments ...
NTPC Retenders 25 MW of Solar Projects with Battery Storage in Andaman & Nicobar

NTPC Retenders 25 MW of Solar Projects with Battery Storage in Andaman & Nicobar

The National Thermal Power Corporation (NTPC) has tendered a total of 25 MW of solar photovoltaic (PV) projects with battery energy storage systems (BESS) to be developed on the island ...
NTPC Issues Tender to Develop EV Charging Infrastructure in Jabalpur

NTPC Issues Tender to Develop EV Charging Infrastructure in Jabalpur

The National Thermal Power Corporation (NTPC) has issued a tender for the development of electric vehicle (EV) charging infrastructure in Jabalpur, Madhya Pradesh. The bid-submission deadline is April 16, 2018 ...
National E-Mobility Program Launched in India

National E-Mobility Program Launched in India

In line with the Government of India’s vision of achieving 100 percent e-mobility by 2030, National E-Mobility Program has been launched in the country. The program is aimed at providing ...
Interview: India Needs to Strengthen the Battery Energy Storage Manufacturing Sector

Interview: India Needs to Strengthen Battery Energy Storage Manufacturing Sector

India’s renewable energy sector needs a strong backbone in the form of a robust energy storage industry in order to sustain its growth trajectory, according to Naveen Sharma, vice president ...
JSW Energy Acquires JSW Electric Vehicles

JSW Energy Acquires JSW Electric Vehicles

Indian power company JSW Energy has acquired 100 percent stake in JSW Electric Vehicles in a bid to enter the country’s rapidly expanding electric vehicles (EV) market. According to the ...
Gujarat provides Subsidy to 2,000 Consumers for Purchasing Two-Wheeler EVs

Gujarat Provides Subsidy to 2,000 Consumers for Purchasing Two-Wheeler EVs

Around 2,000 people have been provided subsidies for the purchase of two-wheeler Electric Vehicles (EVs) in the state of Gujarat. Each beneficiary has been provided a subsidy of 10,000 (~$156) ...
NLC India Scraps 20 MW Solar With Battery Energy Storage System Auction

NLC India Scraps 20 MW Solar With Battery Energy Storage System Auction

Neyvveli Lignite Corporation (NLC) India has scrapped the auction of 20 MW solar with battery energy storage system (BESS) that was conducted by it in October 2017. When contacted after ...
Government Unlikely to Announce Pan-India Policy Framework for EV Industry

Government Unlikely to Announce Pan-India Policy Framework for EV Industry

The Electric Vehicle (EV) industry is still in its nascent stage in the country and needs a push from the government to gain some momentum and move forward in the ...
ASSOCHAM Report: Expanding EV Sector in India Needs Rapid Infrastructure Addition

ASSOCHAM Report: Expanding EV Sector in India Needs Rapid Infrastructure Addition

Electric Vehicle sales in the country are expected to grow in the double digits until the year 2020, according to a joint report by the Associated Chambers of Commerce and ...
BESCOM Confirms Plans to Develop 11 EV Charging Stations in Bengaluru

BESCOM Confirms Plans to Develop 11 EV Charging Stations in Bengaluru

Bangalore Electricity Supply Company (BESCOM) is leading the effort to develop Electric Vehicle (EV) charging infrastructure for Karnataka’s capital city with an announcement that plans to launch 11 fast-charging stations ...