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Energy storage

Saft rebrands its products made in India

The rebranding to Saft Urja—from Amco Saft—reflects the battery manufacturer’s strategic approach to better leverage the Indian market. The company has also announced plans to increase its production capacity at Bangalore factory by 20%, enhance the workforce at its design office and launch new industrial battery products for India region.

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Panasonic launches module series compatible with its Evervolt battery

Available in four different products, the series features a conversion efficiency of 20-21.2%. Two of the panels are packaged in a sleek, all-black aesthetic.

India’s 2030 electric vehicle ambition could create INR 85,900-crore battery opportunity 

A new report says that the nation would require an estimated annual battery capacity of 158 GWh to realize its 2030 electric vehicle (EV) adoption target. Meeting this potential demand would require investments exceeding INR 85,900 crore (US$ 12.3 billion) in case battery manufacturing is 100% indigenized.

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Exide Industries increases stake in lithium battery JV with Leclanché

With an additional investment of INR 33.17 crore, Exide Industries’ shareholding in the joint venture company has increased by 2.28% to 80.15% of the paid-up equity share capital.

Cabinet approves INR22600-crore budget for solar module and advanced battery manufacture

An ambitious, INR146,000 crore, five-year expansion of a previous domestic industry spending program includes money to attract investment into the sustainable energy and transport technologies.

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Electric vehicle adoption in India will be led by three-wheelers

Electric vehicles will account for 65-75% of new three-wheeler (3W) sales by 2030. Intra-city transport buses will see 25-40% EV penetration and two-wheelers 25-35%. In four-wheeler passenger vehicles, the market will be driven by shared mobility, while just 10-15% of new car sales for personal mobility will be electric.

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Best Power Equipments bets on solar

The electronics manufacturer says it will switch focus to solar panels and lithium battery storage as it launches an inverter series for rooftop PV.

IndianOil turns to gas, not green hydrogen, to reduce Delhi bus emissions

The public sector energy company has opened a compact reformer plant at Delhi Transport Corporation’s Rajghat bus depot. The facility will produce hydrogen-enriched compressed natural gas as a bus fuel. A trial period will see 50 gas-powered buses run on the blended fuel with fuel economy and emissions monitored.

Sterling and Wilson to build solar+storage hybrid power plant in Niger

The latest project is another African opportunity for the India-based EPC player after successfully commissioning Nigeria’s first solar-plus-storage hybrid power plant, which is also Africa’s largest battery energy storage system.

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Post Covid support required for electric vehicles: FICCI

The industry body has recommended a series of measures including a continuation of FAME II Scheme to 2025, short-term booster incentives for consumers and support for in-house R&D to boost the electric vehicle sector. 

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