EV+Storage

Uno Minda to Set Up ₹423 Cr Plant for 4-Wheeler EV Components

Auto components major Uno Minda said its board has approved the setting up of a greenfield manufacturing plant for high-voltage powertrain products, catering to the four-wheeler passenger and commercial electric vehicle segments. The facility will be operated initially by Uno Minda Auto Innovations Private Limited, a wholly-owned subsidiary. It will produce Combined Charging Units, E-Axles, […]

Read more

Cygni Opens 4.8 GWh BESS Gigafactory, To Double Output by 2027

Hyderabad-headquartered Cygni Energy, India’s largest independent energy storage solutions company, has announced the commencement of its Phase-I, fully operational and automated Battery Energy Storage System (BESS) Gigafactory on April 30. Located in E-Mobility Valley, at the Electronics Manufacturing Clusters (EMC) Maheshwaram, Hyderabad, it is also India’s first “Leadership in Energy and Environmental Design” (LEED) qualified […]

Read more

MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP

Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […]

Read more

Himachal Pradesh Plans To Allocate 40% Subsidy For E-Vehicles

Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Monday announced that the state will issue new permits for 1,000 private bus routes and offer subsidies of up to 40 percent on electric vehicles, including buses and tempo travellers. Speaking at the All India Motor Transport Congress’ ‘National Truck and Bus Meet’ in Gandhi Gram, […]

Read more

LG Energy, Derichebourg Form Battery Recycling JV In France

LG Energy Solution announced plans to establish a joint venture with Derichebourg, the French metal waste recycling company, to build a battery recycling plant. The construction will begin in 2026 in Bruyères-sur-Oise, located in the Val-d’Oise region of northern France and the operations are scheduled to commence in 2027. The new plant will specialize in […]

Read more

BW ESS, Ingrid Ink SEK 628 Mn Loan For 211 MW BESS Project In Sweden

BW ESS has secured a SEK 628m green loan agreement with Nordea Bank for its 211MW/211MWh portfolio of operational battery storage assets in Sweden, owned in partnership with Ingrid Capacity.  The transaction is BW ESS’ first external financing and is understood to be one of the largest battery energy storage system (BESS) financing in the […]

Read more

Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

Read more

Hyderabad Based PURE Enters BESS Segment With Launch Of PuREPower Grid

PURE, a pioneer in energy storage products and leader in e-mobility 2W, has announced the launch of battery-based 5 MWh grid storage product, PuREPower Grid, in Delhi. PURE said that this innovative BESS product is poised to transform India’s energy infrastructure, empowering grid stability and accelerating the integration of renewable energy sources. PURE is set […]

Read more

Global EV Battery Standards Tighten: What It Means for the Electric Mobility

Electric vehicles (EVs) have shifted from niche to mainstream, and the EV batteries are becoming a critical influencer of their rate of adoption worldwide. In just the last couple of years, EV sales and boom in the related battery market have shattered records worldwide, led by markets like China, Europe, and the United States. This […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll