EV+Storage

MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP

Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […]

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Himachal Pradesh Plans To Allocate 40% Subsidy For E-Vehicles

Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Monday announced that the state will issue new permits for 1,000 private bus routes and offer subsidies of up to 40 percent on electric vehicles, including buses and tempo travellers. Speaking at the All India Motor Transport Congress’ ‘National Truck and Bus Meet’ in Gandhi Gram, […]

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LG Energy, Derichebourg Form Battery Recycling JV In France

LG Energy Solution announced plans to establish a joint venture with Derichebourg, the French metal waste recycling company, to build a battery recycling plant. The construction will begin in 2026 in Bruyères-sur-Oise, located in the Val-d’Oise region of northern France and the operations are scheduled to commence in 2027. The new plant will specialize in […]

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BW ESS, Ingrid Ink SEK 628 Mn Loan For 211 MW BESS Project In Sweden

BW ESS has secured a SEK 628m green loan agreement with Nordea Bank for its 211MW/211MWh portfolio of operational battery storage assets in Sweden, owned in partnership with Ingrid Capacity.  The transaction is BW ESS’ first external financing and is understood to be one of the largest battery energy storage system (BESS) financing in the […]

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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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Hyderabad Based PURE Enters BESS Segment With Launch Of PuREPower Grid

PURE, a pioneer in energy storage products and leader in e-mobility 2W, has announced the launch of battery-based 5 MWh grid storage product, PuREPower Grid, in Delhi. PURE said that this innovative BESS product is poised to transform India’s energy infrastructure, empowering grid stability and accelerating the integration of renewable energy sources. PURE is set […]

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Global EV Battery Standards Tighten: What It Means for the Electric Mobility

Electric vehicles (EVs) have shifted from niche to mainstream, and the EV batteries are becoming a critical influencer of their rate of adoption worldwide. In just the last couple of years, EV sales and boom in the related battery market have shattered records worldwide, led by markets like China, Europe, and the United States. This […]

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Hyundai Motor Opens New Battery & Electrification Research Center At IIT Delhi

Hyundai Motor Group (the Group) has opened Hyundai Center of Excellence for future mobility technology (Hyundai CoE) at the Indian Institute of Technology (IIT) Delhi. This initiative includes establishing a joint research system to advance future mobility technologies focused on electrification and battery systems, reflecting the Group’s commitment to driving innovation tailored to the needs […]

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Livguard Appoints Sameer Nagpal As MD & Chief Executive Officer

Livguard an energy storage and solar solutions firm under the SAR Group, has appointed Sameer Nagpal as its new Managing Director (MD) and Chief Executive Officer (CEO). With over three decades of experience across industries, Sameer is set to drive Livguard’s next phase of growth and innovation. Livguard aims to lead the transition to sustainable […]

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