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Foxconn to establish energy storage unit in India

The company is also keen to bring its ‘3+3 strategy’ to the country.Read more

IIT-Madras Research Park unveils 1MW indigenous battery storage system

This marks the first stationary storage system installed in a building in India.Read more

LICO Materials and Sanvaru Technology join hands to recycle Lithium batteries

This collaboration is focused on closing the loop by recovering critical minerals and supplying them back to battery manufacturers. Read more

NLC India unveils ambitious Rs 82,700 cr expansion plan for RE, Green Tech

M Prasanna Kumar, Chairman & Managing Director (CMD), shared these ambitious plans highlighting the company's focus on both conventional sectors like coal and lignite mining and innovative fields like green hydrogen production.Read more

India offers $452 mn incentives for Green Battery Storage Boost

Information Minister Anurag Thakur revealed that this program will actively support the development of a storage capacity of 4,000 megawatt hours (MWh) by the year 2030-31.Read more

Tata Power to train people for green energy jobs

Tata Power Skill Development Institute (TPSDI) is expanding its training initiatives to equip youth with skills for green energy jobs.Read 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

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

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

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