Solex Energy targets 5 GW of solar cell and 15 GW of panel manufacturing capacity by 2030
Gujarat-based Solex Energy plans to invest INR 8,000 crore by 2030 to achieve 5 GW of solar PV cell manufacturing capacity and 15 GW of module capacity.
IIT Kanpur-incubated startups showcase solutions ranging from dual-axis solar tracker to solar-powered UAV
The Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur provides support and guidance to those looking to turn their ideas into successful and meaningful business models
Schneider Electric launches construction of a new factory in India
Schneider Electric is investing around INR 140 crore ($17 million) for setting up a new facility in Kolkata, West Bengal. The new facility will grow its vacuum interrupter production capacity and strengthen the power systems vertical.
PM Modi inaugurates India Energy Week 2023 in Bengaluru
Prime Minister Narendra Modi today launched India Energy Week 2023, a three-day event connecting India’s energy stakeholders with international counterparts to collaborate for a responsible and smart energy transition on India’s road to net zero. Addressing the gathering, the Prime Minister said India is today the world’s most suitable place for investment. He called upon the stakeholders to explore every possibility in India’s energy sector and get involved with it.
Govt signs pact with Rajesh Exports for 5 GWh lithium-ion cell factory
The central government and the state government of Karnataka have signed an agreement with Bengaluru-headquartered Rajesh Exports to lend support and a tailormade incentive package for its 5 GWh lithium cell factory in Karnataka.
HEG unveils plans to build $247 million Li-ion anode plant
The LNJ Bhilwara group company is venturing into the production of graphite anode for lithium-ion batteries. It expects the first part capacity of its Li-ion anode plant to become operational by 2025 with an investment of INR 1,000 crore ($124 million).
ABB India opens its first smart instrumentation factory in Bengaluru
The factory will produce measurement solutions for a wide variety of industries, including power, and cater to domestic and global consumption. Its modular design allows the expansion of production capacities and new products in line with the market demand.
Ambri, Reliance Industries sign MoU on liquid-metal battery pilot
Reliance, a strategic investor in US-based Ambri, is purchasing Ambri’s liquid-metal battery system for demo installation as part of its broader energy storage manufacturing plans and deployments in India.
Making India a manufacturing hub for solar-based, decentralized energy products
A new report by GOGLA highlights the opportunities and challenges in establishing local manufacturing and assembly of solar-based decentralized energy solutions in India. It also explores the actions needed to maximize available opportunities.
Wall-mountable lithium battery inverter from India
India’s Mecwin has unveiled compact, wall-mountable lithium battery inverters with 1,100 VA and 2,100 VA ratings. The 1,100 VA devices measure 455 mm x 530 mm x 235 mm and weigh 23 kg. The built-in battery can be charged with grid power and solar electricity.
