FAME-II: Inter-ministerial panel set up for electric mobility projects
The committee is constituted for overall monitoring, sanctioning and implementation of the scheme, according to an order of the Department of Heavy Industries.
The big read: Equipment suppliers’ solar storage synergy
As lithium-ion battery sales boom, suppliers of equipment for manufacturing photovoltaics are branching out into the storage industry. Are these ventures leading them to bankruptcy or to a breakthrough in storing solar energy?
Cabinet approves five-year plan for EV battery manufacturing
Aiming to localize production across the electric vehicle value chain, the government will support battery manufacturing at a gigawatt-scale. The initial focus will be on large-scale module and pack assembly plants by the next fiscal year, followed by integrated cell manufacturing by 2021-22.
Exide JV partner gets a big boost ahead of Li-ion battery operations in India
The revenues of Switzerland-based Leclanché have increased more than 2.5 times to exceed CHF 47 million in 2018 compared to CHF 18 million in 2017.
Andhra Pradesh gets fresh Lithium battery investment worth Rs 3400 crore
Following New Delhi based Urja Global, Singapore-based Ojovati and another Delhi-based company Avanze Inventive have signed memorandums of understanding (MoUs) for manufacturing of Lithium-ion cells and batteries in the state, respectively.
Analysis: Siemens’ move for Kaco unlikely to threaten Indian jobs
The German giant – which manufactures central inverters near Mumbai – announced plans last week to acquire Kaco and start a new smart infrastructure business from April 1. In light of those moves, pv magazine spoke to IHS Markit’s Cormac Gilligan about the new kid, albeit huge, on the block.
BHEL installs first solar EV charging station
State-owned Bharat Heavy Electricals Limited (BHEL) has installed the first solar electric vehicle (EV) charging station in the upcoming network on Delhi-Chandigarh Highway.
Siemens bids to take over fellow inverter maker Kaco
The German powerhouse – which makes central inverters for PV projects in India – wants to complete the acquisition by July. Indian employees will be hoping target company Kaco’s disposal of its central inverter operation last month will avert job losses by removing any potential overlap between the manufacturers.
Urja Global to make electric cars and Lithium-ion batteries in Andhra Pradesh
New Delhi based Urja Global will set up an integrated plant for electric vehicles and Lithium-ion batteries at an investment of Rs 200 crore. The announcement comes hot on the heels of US-based Tecchren Batteries’ Lithium-ion venture in the state.
Cabinet approves FAME II scheme for electric vehicles
The Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) scheme with an outlay of Rs 10,000 crore over a period of three years will be implemented from April 1, 2019. It envisages setting up of about 2700 charging stations across the country so that at least one charging station is available in a grid of 3×3 km2.
