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lithium ion

Promotion of Solar Energy

The Ministry of New and Renewable Energy (MNRE) has been implementing various schemes in the country, including in Madhya Pradesh, to promote solar energy. The names of the schemes are as under: i. Development of Solar Parks and Ultra Mega Solar Power Projects. Scheme for setting up 1000 MW of Grid-Connected Solar PV Power Projects […]

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What to Expect from India’s National Energy Storage Mission

Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […]

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SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn

As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses.   Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […]

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Govt Extends FAME-I for 6 Months; Withdraws Conventional Battery Vehicles Sops

The Heavy Industries Ministry said in a statement that, incentives in the remaining period of the scheme shall only be available for registered vehicles. In a bid to promote electric and hybrid vehicles, the Government of India has extended the first phase of the FAME-India scheme by another 6 months till March 31, next year. However, it […]

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IESA Welcomes GST Rate Cut on Li-Ion Batteries

The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […]

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Possibility of Making India the Storage Manufacturing Hub (LI-ion Battery)

As the world is advancing in shifting from fossil based energy to renewable energy India too is aspiring for the same. To match the pace, India would however need a strong and sustainable energy storage industry. Right from the electric vehicles to grid applications and telecom sector to solar storage, some of the major energy […]

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ISRO Floats RFQ for Li-ion Cell Technology Transfer to Indian Industries

The move will help in establishing the Li-ion cell production facilities in the country and this initiative is expected to enable Zero Emission Policy of India. Bangalore-headquartered Indian Space Research Organisation (ISRO) has issued a Request for Qualification (RFQ) for transferring the in-house developed Lithium-ion (Li-ion) cell technology to competent Indian Industries on non-exclusive basis. […]

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Make in India: Country’s First Technology Transfer Pact for Li-Ion Batteries Inked

The agreement was signed between Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd. To boost the government’s Make in India initiative, a Memorandum of Understanding (MoU) on first transfer of technology for the country’s Lithium Ion (Li-ion) batteries was signed […]

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India-made Li-Ion Batteries to Cut Dependence on China, says Anant Geete

“At present, the world needs to import lithium-ion batteries from China and Rs 50-60 lakh is only the cost of the battery (for buses). If the battery cost is reduced the total cost of electric vehicles will become affordable and commuters will also have to pay less” To cut its dependence on China and strengthen […]

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