Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.
The central government and the state government of Karnataka have signed an agreement with Bengaluru-headquartered Rajesh Exports to lend support and a tailormade incentive package for its 5 GWh lithium cell factory in Karnataka.
The LNJ Bhilwara group company is venturing into the production of graphite anode for lithium-ion batteries. It expects the first part capacity of its Li-ion anode plant to become operational by 2025 with an investment of INR 1,000 crore ($124 million).
The factory will produce measurement solutions for a wide variety of industries, including power, and cater to domestic and global consumption. Its modular design allows the expansion of production capacities and new products in line with the market demand.
Reliance, a strategic investor in US-based Ambri, is purchasing Ambri’s liquid-metal battery system for demo installation as part of its broader energy storage manufacturing plans and deployments in India.
A new report by GOGLA highlights the opportunities and challenges in establishing local manufacturing and assembly of solar-based decentralized energy solutions in India. It also explores the actions needed to maximize available opportunities.
India’s Mecwin has unveiled compact, wall-mountable lithium battery inverters with 1,100 VA and 2,100 VA ratings. The 1,100 VA devices measure 455 mm x 530 mm x 235 mm and weigh 23 kg. The built-in battery can be charged with grid power and solar electricity.
ABB has adopted Industry 5.0 production processes at its smart power solutions factory in Bengaluru. With “cobots” working alongside humans, the factory’s productivity has improved by 40%, while energy productivity has gone up by more than 15%.
Japanese carmaker Suzuki Motor is investing INR 7,300 crore (around $914 million) to set up the electric vehicle battery plant at Hansalpur in Gujarat. The plant will manufacture advanced-chemistry cell batteries.
Hitachi Energy’s new production facility in India will manufacture solutions that support stable electrical networks and reduce energy consumption.
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