Wipro Limited and State Bank of India (SBI) has become the first from India to join The Climate Group’s global Electric Vehicle initiative, EV100. Wipro expects to scale up the EV to 1000 by 2023, whereas, SBI will set up charging stations in major residential spaces.
Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about his recent participation in the International Solar Alliance founding ceremony held on March 11, 2018. He mentioned that in ISA member countries, correct energy policies, and risks in the investment are critical and need to be addressed.
Dr. Frank Rijsberman, Director-General, Global Green Growth Institute (GGGI), South Korea, speaks to pv magazine about its ventures in the Indian solar and storage market. Rijsberman outlines that the country’s growing and diversifying economy, with its ambitious renewable targets, can help to capitalize on the demographic dividend. As a result, it can become the world’s primary consumer sustainable growth market.
Testing from TÜV Rheinland has revealed that PV inverters and battery storage systems are vulnerable to hacking. By changing system parameters, a hacker could potentially cause a battery system to corrode, “making it like a ‘bomb’.”
‘Unprecedented challenge’ for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees renewables claim a larger share of bulk and dispatchable generation while adding vital flexibility to the global energy mix.
Mahindra & Mahindra Ltd and Ford has signed a memorandum of understanding (MoU) to co-develop electric vehicles for India and emerging markets. To support Mahindra’s EV roadmap, the company had signed an agreement with LG Chem for its lithium-ion batteries.
RK Singh chairs meeting with battery manufacturers, urges them to set up battery manufacturing units in India. He assures that all possible efforts from the government for setting up the facilities will be made.
Bharat Heavy Electricals Ltd has signed a technology transfer with ISRO for the manufacturing of Space Grade Lithium-ion cells. Once established, the company will further extend it to storage and e-mobility market.
Panasonic’s Chinese factory has started the mass production and global supply of prismatic-type automotive lithium-ion (Li-ion) batteries. Its Indian subsidiary, Panasonic India, meanwhile has launched a new energy storage solution, CBPS 8000, for telecom towers at the Elecrama 2018 exhibition, currently taking place in India.
India has revised its e-mobility policy, and now aims to reach 30% electric of total fleet by 2030. MNRE head, RK Singh launched the program and informed about the tender for 10,000 electric vehicles (EVs) to be released tomorrow. He invites industry players to invest in EV manufacturing and batteries, and work for ‘Healthier World.’
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