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Lohum Plans 250-crore Investment in Capacity Expansion Over Next 3 Yrs

Lohum Cleantech, the lithium-ion battery manufacturer and recycler based in New Delhi, is planning to invest around 250 crores in the following three years towards expanding its manufacturing capacity, which currently stands at 300 MWh of batteries per year and 200-250 units a day, with aims to eventually venture into the production of batteries for […]

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ISGF Paper Proposes new Revenue Opportunites For Electric Utilites

A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […]

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Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S

As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […]

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Etrio Partners with Zypp Electric to Supply 3-Wheelers for Last-Mile Delivery

Etrio, India’s fastest growing electric vehicle start-up with an aim of electrifying intra city transportation has today joined hands with the largest 2-wheeler logistics startup, Zypp Electric to scale up the latter’s last-mile delivery with a 3-wheelers fleet. Under this association, 100 Etrio flagship brand Touro three-wheelers are going to be operational soon and this […]

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Batteries Better Than Gas at Meeting Australia’s Future Peaking Needs

In September last year, the Scott Morrison-led Australian government had announced that it was setting a target for the electricity sector to reach final investment decisions by the end of April 2021, towards delivering 1000 MW of new dispatchable energy by summer 2023-24, so that the coal-fired Liddell power station could be closed down in […]

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Sterlite Power & Vinci Energia tie-up for Purchase of Vineyards Project

Sterlite Power, a leading developer of power transmission infrastructure in India and Brazil, and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, have announced the formalisation of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project that is in the final phase of implementation in Brazil. […]

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UCR Scientists Upcycle PET Bottles to Make EV Batteries

Could excess plastic waste be used to reduce carbon emissions? Sounds too good to be true? Well, researchers at the University of California, Riverside, have devised a way to turn polyethylene terephthalate (PET) found in consumer plastic bottles into material useful for producing sustainable energy storage. While the storage capacity of batteries made using this […]

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India’s First Li-ion Battery Plant in Karnataka

Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handa’s investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can […]

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Siemens to Provide Sustainable and Innovative E-Mobility Solutions in India

Siemens has signed a Memorandum of Understanding with Switch Mobility Automotive to execute E-Mobility projects in India. Siemens Limited has announced that it has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address the need of electric commercial vehicle customers and execute E-Mobility Projects in India.  As per the two […]

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