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“Globally energy storage has become a keystone for maintaining grid stability.”
Financial incentives from the PLI scheme have enabled Serentica to adopt cost-efficient technologies, making its round-the-clock green power offerings more competitive and positioning the company as a leader in delivering reliable renewable energy solutions to commercial and industrial clients.Read more
Jindal India Renewable Energy forays into BESS to achieve 5 GWh capacity by 2027
This announcement comes in the backdrop of Jindal India Renewable Energy (JIRE) aiming to generate 5 GW of power from solar, wind, hybrid and FDRE modes.Read more
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
L&T power vertical to build solar and energy storage plant
The Solar PV plant at Kajra in Lakshisarai district will be a key element in Bihar’s plans to harness renewable energy for sustainable energy solutions.Read more
Siemens to invest over Rs.10 billion to expand operations in India
The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more
Siemens Limited declares CAPEX of over Rs 10 billion
The company's Smart Infrastructure Business is set to boost its factory presence in Goa with an investment of Rs 3.33 billion, marking the largest investment by Siemens in the state. Read more
Indian battery market in need of urgent active solutions
Despite active responses from domestic companies and strong interest from overseas manufacturers in the Indian market, issues related to domestic industry protection and the business environment remain obstacles, resulting in relatively slow development of the domestic battery industry chain, says Yvonne ZhangRead more
Danfoss plans Rs 500 Crore Investment in India for localization, expansion
The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more
Honeywell joins hand with Green Solutions Corp for Vietnam’s hydrogen plant
Honeywell , Green Solutions Corp, Vietnam’s hydrogen plant , battery energy storage systems, Tra Vinh green hydrogen plant, Ramanathan Valliyappan, renewable energy Read more