India notifies National Framework for Promoting Energy Storage Systems

The Union power ministry has released the finalized National Framework for Promoting Energy Storage Systems, bringing cheer to the industry as well as forums such as the India Ener... Read More

Eos Energy secures $398.6M conditional loan from U.S. DOE’s Loan Program Office

Eos Energy Enterprises (Eos) on Thursday said it has secured a conditional commitment for a loan up to $398.6 million from the U.S. Department of Energy's (US DOE) Loan Program Off... Read More

Reliance Industries battery giga factory to be set up by 2026; to produce LFP battery solutions

Reliance Industries Ltd (RIL) on Monday (August 28) announced that it will enter battery manufacturing ecosystem with LFP (lithium iron phosphate) battery solutions and will&n... Read More

Corvus Energy to supply 40 MWh battery systems for fully-electric ferry

Energy storage systems (ESS) firm Corvus Energy has been selected by technology group Wärtsilä to supply the battery systems for what is claimed as the world's large... Read More

Auto-electrical components manufacturer, Lucas TVS eyes li-ion battery manufacturing

Joining the growing list of companies venturing into battery cell manufacturing in India, motor vehicle manufacturing company, Lucas TVS on Saturday (August 26) announced it will b... Read More

Weekend Roundup: India may put EVs in priority lending list, BYD buys Jabil's China mobility operations

India could include EVs under its priority sector lending category to make it cheaper for companies to raise funds, Reuters reported, citing an unidentified government official. Th... Read More

MHI appoints Engineers India Limited to monitor progress of ACC-PLI scheme beneficiaries

The Ministry of Heavy Industries (MHI), Government of India on Thursday (August 24) announced that it has appointed Engineers India Limited (EIL) as Independent Engineer ... Read More

Maldives floats tender for 40MWh BESS, EMS across 18 islands

The Republic of Maldives has recently invited bids for the supply and installation of battery energy storage systems (BESS) and energy management systems (EMS) for deployment in 18... Read More

Bengaluru-based Nsure to foray into lithium-ion cell manufacturing; 1GWh plant set to come up in Karnataka

Bengaluru-based Nsure Reliable Power Solutions (Nsure) on Wednesday announced it will soon be entering into lithium-ion cell manufacturing in India with an initial production ... Read More

GM invests in AI-enabled battery material innovator Mitra Chem

AI-enabled battery materials innovator, Mitra Future Technologies (Mitra Chem) has completed a $40 million first close of $60 million Series B funding round led by General Motors (... Read More