New report charts path to securing raw material supply chains for India’s EV growth
A new report by KPMG outlines strategies to enhance resilience and competitiveness in India’s electric vehicle (EV) ecosystem amid sharply rising demand for critical raw materials such as lithium, nickel, cobalt, and rare earth elements.
MaxVolt Energy triples lithium battery pack output with new 55,000 sq. ft. plant in Duhai
MaxVolt Energy is set to triple its lithium battery pack production capacity from 72,000 units per annum to 2.25 lakh units annually with the addition of a new 55,000 sq. ft. facility in Duhai, Ghaziabad.
Global lithium-ion battery pack prices fall to $108/kWh, says BNEF
Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first time, according to BloombergNEF (BNEF).
Why battery storage is becoming non-negotiable for renewable-rich grids in India
As renewable capacity rises, the question is no longer whether India can generate green power. The real challenge is whether the grid can absorb it smoothly and deliver it reliably when people actually need it. This is where battery energy storage systems (BESS) are increasingly seen not as a luxury but as a core part of grid planning.
Loom Solar showcases 730 Wp modules at REI 2025, announces 1.2 GW module factory in Uttar Pradesh
Loom Solar showcased its TOPCon and HJT PV modules up to 730 Wp, battery energy storage systems ranging from 1 kWh to 5 MWh, and made-in-India PV inverters from 3 kW to 50 kW. The company also announced plans to set up a 1.2 GW module factory in Uttar Pradesh.
TACC Ltd secures INR 1,230 crore SBI credit facility for lithium-ion battery grade graphite anode facility
TACC will use the INR 1,230 crore credit facility secured from the State Bank of India to fund its lithium-ion battery grade graphite anode facility with a capacity of 20,000 mtpa in Dewas, Madhya Pradesh.
China imposes new export controls on lithium ion battery tech
The Chinese government has introduced new export controls on key dual-use items, citing national security concerns. The move opened a new chapter in the ongoing trade confrontations with the US.
Eastman launches ‘Solar Access LIB’ inverter with integrated lithium battery
Eastman Auto & Power Ltd has launched Solar Access LIB, an all-in-one, plug-and-play unit that integrates an inverter with a lithium-ion battery to simplify solar adoption for homes and businesses.
How lithium-ion batteries are reshaping the energy landscape
With renewable energy now making up nearly half of our installed power capacity, storage is the key to making clean energy truly dependable. On a national level, large-scale energy storage projects will be vital for balancing the grid and ensuring a steady flow of power, even when the wind isn’t blowing or the sun isn’t shining.
Waaree Energies invests INR 300 crore in lithium battery subsidiary
Waaree Energies Ltd, a Gujarat-based manufacturer of solar cells and modules, has invested INR 300 crore in its wholly-owned subsidiary, Waaree Energy Storage Solutions Pvt Ltd (WESSPL), through a rights issue.
