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OKAYA Bags World Bank-funded Contract for Setting up EV Charging Stations Across India

OKAYA has bagged a major World Bank-funded contract from EESL for commissioning of 1020 multi-standard EV charging stations across India. OKAYA, a flagship company of Okaya Power Group has announced that it has bagged a major World Bank-funded contract from Energy Efficiency Services Limited (EESL), a JV of PSUs of Ministry of Power, Government of […]

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Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15%

Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […]

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Sonnen Introduces the sonnenCore, a new all-in-one, affordable home battery for every home

The first-of-its-kind, all-in-one sonnen home battery solution makes the company’s proven, long-lasting and safe home battery technology even more accessible to all energy storage customers. sonnen, a global market leader in smart residential energy storage and virtual power plants, today announced the launch of sonnenCore. The new compact, affordable, and fully sonnen-designed sonnenCore home battery […]

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Karnataka Will Look to Collaborate With the UK on RE Front: Yediyurappa

Karnataka CM BS Yediyurappa has said that the state will be very interested in engaging with the UK on renewable energy (RE) technology front. Karnataka Chief Minister BS Yediyurappa has said that the state will be very interested in engaging with the United Kingdom (UK) on the renewable energy (RE) technology and implementation front. During […]

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Panasonic, Equinor Form Partnership for Establishing European Battery Business

Panasonic, Equinor and Hydro have signed an MoU to form a strategic partnership to explore possibilities for establishing a European battery business. Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The […]

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NITI Aayog Drafts RfP for Setting up Advance Chemistry Cell Manufacturing Facilities

Niti Aayog has issued the draft RfP for the selection of private entities to set-up manufacturing facilities that produce Advance Chemistry Cells (ACC). The Government of India through the Department of Heavy Industry (DHI) intends to develop giga-scale advance cell manufacturing for domestic application and promotion of diverse energy sources, to ensure overall energy security […]

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Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme

The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […]

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NeoVolta Announces 211% Quarter-On-Quarter Increase in First Quarter 2021 Revenues

Increase in Wholesale Dealers and Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has announced financial results for the first quarter 2021. The company reported that revenues for the quarter ending September 30, 2020 were $1,000,171, compared to $321,650 for the same quarter of last year. This dramatic 211% growth quarter-on-quarter reflected […]

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13 Breakthrough Startups Graduate Shell E4 Programme on Demo Day 2020

Post the remarkable success of two editions of the Shell E4 programme, Shell’s third cohort of 13 startups graduated on this year’s Demo Day Post the remarkable success of two editions of the Shell E4 (Energizing and Enabling Energy Entrepreneurs) programme, Shell’s third cohort of 13 startups graduated on this year’s Demo Day – the […]

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