The economics of solar have evolved significantly. With declining panel costs and robust government support—through schemes like the PM Surya Ghar Muft Bijli Yojana and PM-KUSUM—solar is now a financially viable solution for municipalities and citizens alike.
Li-S Energy has produced Australia’s first lithium metal foils at its cell production facility in Victoria, a milestone the company says supports its broader mission to commercialise high-performance lithium-sulfur and lithium metal batteries.
The BC Jindal Group has unveiled plans to invest INR 15,000 crore by 2030 to establish multigigawatt-scale manufacturing capacities for solar cells and modules, battery cells and packs, and solar glass.
The Indian Institute of Technology Kanpur (IITK) has signed a Memorandum of Understanding (MoU) with Mars Antennas & RF Systems to collaborate on the design, development, fabrication, and testing of smart electric vehicle (EV) chargers and smart hybrid inverters for energy storage system applications.
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
Attero is the first Indian company in the e-waste recycling industry to secure the ISO 14064 Certification for GHG Emissions Verification.
GFCL EV will utilize the funds to scale its battery material capacities as it looks to capitalize on large-scale global opportunities in the electric vehicle and energy storage system space.
Jindal India Renewable Energy plans to build 1 GWh battery pack assembly line by 2025. It aims to become an end-to-end player in energy storage systems with 5 GWh cell capacity by 2027.
Sweden’s Enerpoly has ambitious plans to make its 6,500m2 plant the center of global and European zinc-ion battery innovation. It is aiming for final capacity of 100 MWh annually by 2026.
Taiwanese electronics manufacturer Foxconn (Hon Hai Technology Group), which is working on lithium ferro phosphate (LFP) and solidstate batteries, is exploring production of electric vehicles and battery energy storage systems in India.
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