Corporate funding for battery storage up 75%
Analysts at Mercom Capital Group have tallied up corporate funding, venture capital and debt and public market investment for battery storage, smart grids and energy efficiency companies. From a financial perspective, the industry appears resilient to the Covid-19 crisis and ready to grow further.
Hydrogen needs strong public-private support with policies in place
India is in mission mode on researching different aspects of the hydrogen economy, including hydrogen production, storage and utilization for stationary, power generation and transport applications. The need is to demonstrate the scaled versions at a faster rate.
Proposals invited to install EV charging stations on major highways and expressways
The second phase of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME II) program offers incentives to deploy electric vehicle (EV) charging infrastructure.
Swedish truck maker develops solar cell-clad trailer
The 18-meter long solar cell-clad trailer is said to enable fuel savings of 5-10% in Sweden. Swedish thin-film manufacturer Midsummer is a partner on the project.
SM Auto partners Taiwan’s Gotech on EV battery packs and BMS
Pune-based SM Auto Engineering, in technical collaboration with Taiwan based Gotech Energy, will set up a state-of-the-art plant in Pune to design, develop and manufacture advanced battery packs and battery management systems for electric vehicles.
Magenta Power and ematrixmile partner on EV charging network
Magenta’s tie-up with the app-based electric scooter rental service provider is aimed at setting up EV charging infrastructure in Maharashtra, and later nationwide.
Off-grid solar and storage solutions for Himalayas
The Solar Energy Corporation of India has issued a call for expressions of interest to supply clean energy to isolated off-grid communities and warned components will probably have to be transported manually.
Installers sought for 1,000 EV charging stations nationwide
Contractors will be required to identify sites and develop, operate and maintain interoperable electric chargers in more than 75 cities.
Vanadium redox flow battery for storage of wind and solar power
Researchers in India have developed a 5 kW/25 kWh vanadium redox flow battery with an energy density of 30 watt-hours to 40 watt-hours per liter.
FAME II program backs more than 27,000 EVs
The second phase of the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles program offers purchase incentives for electric and hybrid vehicles and also supports charging infrastructure.
