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ESS BATTERIES
Market will be volatile, look for an alternative solution: 5 large-caps from different sectors with upside potential of up to 30%A fall in crude oil prices can trigger a relief rally, which in fact it did in early trade on Thursday. But there is another reality as wel...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
Amara Raja plans to begin bulk production of EV cells in 2027India is building a lithium-ion cell manufacturing ecosystem. EV makers should anticipate a price premium on locally produced cells in the ...
Tesla turning towards Samsung SDI for huge ESS battery dealSamsung SDI is nearing a major deal with Tesla for energy storage system battery cells. This agreement is valued at approximately 3 trillio...
Samsung SDI says discussing supplying Tesla with ESS batteriesSamsung SDI is in discussions to supply Tesla with energy storage system batteries. This potential deal is valued at over two billion dolla...
Energy storage systems: The key to unlocking India's net-zero goalsIndia's goal to reduce carbon intensity by 45% and achieve 50% renewable energy capacity by 2030 necessitates significant energy storage sy...
Gujarat Fluorochem EV Division Secures INR 1k cr for ExpansionIt said the promoters of InoxGFL Group, of which Gujarat Fluorochemicals is a part of, led the fundraise round along with several marquee i...
Gujarat Fluorochemicals subsidiary GFCL EV Products to raise Rs 1,000 croreGFCL EV Products raised ₹1,000 crore at a ₹25,000 crore valuation to expand in the electric vehicle battery materials sector, targeting glo...
Energy storage systems important to increase share of RE in power generation: ICRAIndia aims for 40% renewable energy by FY2030, driven by RE capacity growth. Energy storage systems, especially BESS and PSP projects, play...
GFCL EV to invest for EV and ESS batteries for domestic and global marketsBir Kapoor, CEO and DMD of Gujarat Fluorochemicals, said, "With GFCL EV, we are well-positioned to contribute significantly to the evolving...
How firm and dispatchable renewable energy is transforming India’s sustainable energy landscapeIndia aims to source 50% of electric power from non-fossil fuels and reduce carbon emissions by 45% from 2005 levels by 2030. The 2023 Nati...
Why India Inc needs energy storage solutions and how it can do itBusinesses will need ESS to fast-track decarbonization of their energy use. Most large commercial and industrial (C&I) consumers have set a...
Sops for India-made EVs, storage systems could be announced in Budget 2023Customs duty exemptions available on lithium ion cells for making mobile phone battery packs could be extended to EV batteries and ESS as w...
Ruchira Green Earth eyes Rs 500 cr revenue by 2025Owing to the fast growing demand for electric vehicles (EVs) and the rising consumption of lithium-ion batteries, Ruchira Green Earth is ex...
Triton Electric Vehicle inks MoU with BEL for development of EVs and ESSAs per the MoU, BEL will be the exclusive manufacturing partner to Triton in India for identified products, while Triton will provide the k...
Battery tech startup Lohum raises $7 million, looks to raise $21 million moreBaring Private Equity Partners led the first institutional round of investment that fetched $7 million (Rs 51 crore) for Lohum. The company...
Telangana EV Policy: First two lakh electric two-wheelers exempted from road tax, registration feeThe policy also gives 100 per cent exemption on road tax and registration fee for electric tractors purchased and registered in the state a...