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.
With this, the nation’s cumulative installed battery energy storage capacity crosses 1 GWh.
By applying advanced machine learning and data analytics, AI can improve energy efficiency, strengthen grid resilience, and enable more intelligent and effective resource utilisation. Strategies for energy efficiency and innovations in smart grids powered by AI could generate up to $1.3 trillion in economic value by 2030.
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).
ACME Solar Holdings, through its wholly owned subsidiary ACME Surya Power, has commissioned the second phase of 35.714 MW/160.48 MWh of its 250 MW/1,103.392 MWh battery energy storage system (BESS) project located at Jaimalsar village in the Bikaner district of Rajasthan, India.
Data centers are using batteries to run more AI on the same grid connection.
Job advertisements on Tesla’s website outline the 100 GW ambition and follow reports the company is in talks with Chinese firms for the purchase of $2.9 billion worth of equipment for solar manufacturing.
Waaree Energies Ltd has approved a capital expenditure of INR 3,900 crore for setting up a solar glass manufacturing facility with a capacity of 2,500 tonnes per day (tpd).
NeuEN Green Energy Pvt. Ltd. (NeuEN), a 50:50 joint venture between Bharat Petroleum Corp. Ltd (BPCL) and Sembcorp Green Hydrogen India, has secured a contract to supply 10,000 tonnes per annum (10 ktpa) of green hydrogen to Numaligarh Refinery Ltd (NRL).
LMU researchers have developed a dual molecular reinforcement strategy for perovskite solar cells that strengthens grain boundaries, improving both durability and performance.
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