Exide Industries invests INR 450 crore in lithium battery arm
Exide Industries Ltd has invested INR 450 crore into its wholly owned subsidiary Exide Energy Solutions Ltd (EESL) through a rights subscription to equity share capital.
Land acquisition completed for 40 GWh capacity awarded under PLI ACC scheme
Land acquisition has been completed for 40 GWh of manufacturing capacity awarded under India’s production-linked incentive (PLI) scheme for advanced chemistry battery cells (ACC).
Kärcher targets closed-loop cleaning ecosystem for India’s solar sector
Kärcher aims to build a closed-loop cleaning ecosystem for India’s solar industry, covering both PV manufacturing environments and the long-term maintenance of PV plants.
Xbattery launches 5 kWh scalable energy storage system for residential, small office use
Hyderabad-based startup Xbattery has launched a 5 kWh scalable energy storage system (ESS) for homes and small offices. The lithium iron phosphate (LFP)-based system can be scaled up to 15 kWh by adding additional battery units.
TEXMiN, Russia’s GIREDMET ink pact on rare earth and critical mineral technologies
The TEXMiN Foundation, IIT (ISM) Dhanbad, has signed an MoU with GIREDMET State Research and Design Institute of Rare Metal Industry, Russia, to collaborate on rare earth processing, critical minerals, advanced materials, and translational research across the mining value chain. The partnership will also focus on hydrometallurgical recycling technologies for lithium-ion batteries to recover valuable metals.
Maxvolt Energy partners IIT Roorkee to develop AI‑driven BMS for energy storage and electric mobility solutions
Maxvolt Energy, a Ghaziabad-based lithium battery pack manufacturer, has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Roorkee to jointly develop an AI‑driven battery management system (AI‑BMS) for next‑generation energy storage and electric mobility solutions.
Comparing safety profiles of lithium-ion, sodium-ion and solid-state batteries
New research finds that battery safety rankings are not universal but highly dependent on application scenarios, and shows that LFP batteries can emit high levels of hydrogen fluoride, challenging their reputation as the “safest” chemistry.
India’s FY2027 budget shifts focus from renewable deployment to manufacturing, but execution challenges persist, says Wood Mackenzie
Clean energy spending rises 40% to $5 billion as government prioritises CCUS, domestic supply chains and strategic manufacturing. However, execution delays and underutilisation of allocated funds could limit the near-term impact, according to an analysis by Wood Mackenzie.
India’s Union Budget 2026–27 removes customs duty on solar glass inputs, lithium battery cell machinery, and critical minerals processing equipment
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.
Pre-Budget 2026: Solar and storage industry calls for tax reforms, PLI expansion, and circular economy push
Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.
