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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
India joins Battery Energy Storage Systems Consortium led by GLC
In a collaborative push, India aligns itself with pioneering nations committed to securing 5 GW of BESS commitments by the end of 2024.Read more
Servotech Power Systems files 2 patents for energy management technologies
Both of these cutting-edge technologies possess applicability across a broad spectrum of fields, including solar and electric vehicle charging systems. The technologies are covered under two pending applications.Read more
Optimised energy storage systems providing significant savings
Let's Talk Science, a ESIP (Energy Storage in Production) project by Marian Süße from the Fraunhofer Institute for Machine Tools and Forming Technology will inform about new software for factories.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
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