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Will interim budget provide impetus to the economy

The interim budget was an attempt to please all sections of the society. While many initiatives were announced in line with the Government’s 10-point dynamic vision to build India of future, execution will be the key.Read more

Lithium Werks invests Euro 1.6 bn in Li ion project in China

The project marks the start of Lithium Werks’ plan to build multiple gigafactories across the world as part of a 15-to-20-year programRead more

Exide Industries form JV with Leclanche for Li ion battery plant

JV is ideally positioned to be a leading provider to emerging multi GWh storage markets for electric vehicles and grid connected applications in IndiaRead more

Sterling and Wilson bags mega battery energy storage project in Africa

Three battery sites totalling 30MWh including single largest installation of 17MWh part of a hybrid micro grid powered by solar, diesel and battery energy storageRead more

China’s Sungrow to build PV inverter making facility in India

The Chinese inverter solution supplier for renewables Sungrow Power Supply Co Ltd will strengthen its global delivery capability by establishing a new factory in Bangalore. The new manufacturing facility, having an annual production capacity of 3 GW of central and string inverters, can support Sungrow's rapidly growing customer base in regions across the world. In 2017, Sungrow shipped over 16.5 GW of PV inverters worldwide, an increase of over 48% from 2016. Demands from India, the US, Europe, Read more

ABB commissions India’s first industrial solar microgrid

ABB yesterday inaugurated an innovative microgrid solution at its Vadodora manufacturing facility in Gujarat, India. This is the company’s largest facility in India, with over 3,000 employees and among ABB’s biggest manufacturing hubs in the world.Read more

Sterling and Wilson announces its foray into hybrid power plants and energy storage solutions

Sterling and Wilson, an Indian multinational engaged in engineering, construction, manufacturing and energy services with over $1 billion in revenue has announced its foray into hybrid power plants and energy storage solutions as part of its commitment to consistently expand its range of offerings to reflect the future of energy.Read more

Battery energy storage system global market to be worth $ 8.54 billion by 2023

According to the new marketsandmarkets research report, the battery energy storage system market is expected to grow from $ 1.98 billion in 2018 to reach $ 8.54 billion globally by 2023, at a CAGR of 33.9% between 2018 and 2023.Read more

Eastman Auto launches grid tie solar PV inverter

Eastman Auto and Power Limited (EAPL), a manufacturer of energy storage and solar solutions provider, has launched one of the most advanced grid tie solar PV inverters in the Indian market.Read more

Wärtsilä to offer Energy Storage Solutions in India

The technology group Wärtsilä, a leading global supplier of flexible and efficient energy solutions, will offer technically and environmentally advanced energy storage solutions to the power markets in India. Read more

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