India Electric Mobility Council will work with the government and various stakeholders to address the barriers to EV adoption. Focus areas also include safety & standards, charging infrastructure development, battery swapping, and V2G mechanism for India.
Bihar-based Husk Power Systems has secured $750,000 in debt to build eight new community solar microgrids in Nigeria and expand operations in India.
Hindustan Petroleum Corp. Ltd and NTPC Green Energy Ltd will collaborate in renewable energy, energy storage, round-the-clock (RTC) power, electric mobility, and solar-wind value chain projects.
Madhya Pradesh chief minister Shivraj Singh Chouhan said that pumped hydro storage projects will be encouraged under the Madhya Pradesh Renewable Energy Policy 2022. The sites for these projects will be allotted based on a competitive tender process.
The Union Cabinet has approved the National Green Hydrogen Mission with an initial outlay of INR 19,744 crore ($2,385 million). The Mission aims to make India a global hub for the production, utilization and export of green hydrogen and its derivatives.
Electric vehicle (EV) and component manufacturers seek a uniform 5% goods and service tax (GST) for all EV spare parts. They also want the scrapping of import duty on lithium-ion battery cells and policy support for battery recycling.
The energy system in Delhi can transform from being heavily based on coal, biomass for cooking, and fossil gas in 2020 towards completely based on solar PV and renewable energy imports from neighboring states by 2050, as solar PV emerges as the least-cost energy source, according to researchers from LUT University.
Battery swapping, solid-state batteries, second-life batteries, evolution from lithium to novel chemistries, and Cloud-based battery management system were the key trends in battery energy storage during the year.
The Indian multinational EPC contractor has secured the power grid and power generation works for the 600 tpd green hydrogen plant being built by NEOM Green Hydrogen Co. in Saudi Arabia.
The Mumbai-headquartered lithium battery manufacturer plans working capital finance of INR 35 crore and equity investment of INR 15 crore to increase production capacity and fulfil orders from large OEMs.
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