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PLI scheme helps auto part makers ride the EV boom

A slew of policy measures - PLI schemes (for auto OEM & auto component), extension FAME 2, etc - in the recent past will create more opportunities in electric vehicle space. Auto component players seem to be all geared up for a new paradigm in the market, says Rakesh Rao.Read more

Simple Energy develops BMS for electric scooter

This Battery Management System (BMS) enables the electric powertrain to achieve a staggering 95% efficiency — which is the highest in the industryRead more

Govt selects 4 bidders for PLI scheme for ACC battery storage

The government expects direct investment of around Rs 45,000 crore in Advanced Chemistry Cell (ACC) battery storage manufacturing projects.Read more

Vedanta Aluminium to deploy large fleet of electric forklifts at Odisha plant

The new lithium-ion forklifts - to be supplied by GEAR (Gemini Equipment and Rentals Pvt Ltd) - will help maximise productivity of operations by enabling longer working cycles via rapid charging.Read more

Funding for battery storage & smart grid increases in 2021

Battery storage, smart grid, and energy efficiency received $19.5 billion in corporate funding in 2021 compared to $8.1 billion in 2020, says a Mercom reportRead more

Best Power Equipments launches lithium battery solutions with 5-yr warranty

Lithium batteries are poised to become the preferred choice for UPSs in IT applications. This can be accredited to the growing awareness among users about reduced greenhouse gas emissions.Read more

Riello Power adds 75kW Combo Cabinet Multi Power UPS family

The new Multi Power model can accommodate 3 modules of 15 or 25 kW (the modules must be of the same power), is the ideal solution for IoT and EDGE computing applications.Read more

ReNew Power joins Stanford University’s StorageX Initiative

This collaboration will focus initially on large scale battery performance in India and will assist ReNew in optimising its storage solutions.Read more

Rs 180 bn PLI Scheme for battery making to bring down EV cost

The implementation of the PLI Scheme 'National Programme on Advanced Chemistry Cell Battery Storage’ will bring down the cost of electric vehicles and boost green growth.Read more

CERC appoints IESA President Dr Rahul Walawalkar to its advisory committee

IESA has given recommendations to CERC in the past to bring necessary amendments in the regulatory framework.Read more

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