Epic Energy has selected REFNIC as the technical partner for setting up a lithium-ion battery shredding facility with an installed capacity of 500 kilograms per hour of black-mass production, and a second-life battery assembly plant with an installed processing capacity of approximately 10 MWh per month.
Sodium‑ion batteries are emerging as a safer, lower-cost alternative to lithium‑ion, with a recent international study highlighting their competitiveness in stationary energy storage. The research shows that ongoing investment and supply-chain development could enable broader adoption within the next decade.
India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.
Japan Credit Rating Agency (JCR), Japan’s leading rating agency, has assigned Adani Green Energy Ltd (AGEL) a long-term foreign currency credit rating of BBB+ with a Stable outlook, at par with India’s sovereign credit rating of BBB+.
The role of carbon steel pipes in India’s energy and infrastructure grid will continue to evolve alongside the country’s development priorities. As networks expand and operating conditions become more demanding, value will be defined not by capacity alone, but by lifecycle performance, reliability, and sustainability.
Luminous Power Technologies has inaugurated its first lithium-ion battery assembly line at Baddi, Himachal Pradesh. This new line is designed to produce standalone lithium-ion battery packs, stationary battery energy storage systems (BESS), and automotive battery packs for e-rickshaw applications.
Oswal Greenzo Energies, a joint venture between Oswal Energies Ltd and Greenzo Energy India Ltd, has been awarded a contract for the design, supply, installation, testing, and commissioning of a 5 MW green hydrogen plant at Deendayal Port, Kandla. The facility will be India’s first green hydrogen plant located at a major port, positioning Deendayal Port as an early mover in maritime decarbonisation.
The European Union added 27.1 GWh of battery energy storage capacity in 2025, with utility-scale systems accounting for the majority of new installations as residential storage declined amid lower electricity prices and reduced support schemes, according to a new report from SolarPower Europe.
Green hydrogen will scale not through isolated technology breakthroughs, but through disciplined engineering execution. Projects that embed electrolysers within robust, flexible, and future-ready Balance-of-Plant architectures will define the next phase of industrial decarbonisation and renewable energy integration worldwide.
India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.
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