EV+Storage

VinFast Set To Launch Integrated EV Facility In Tamil Nadu On February 25

VinFast Auto a Vietnam-based automaker shared its plan to set up an integrated electric vehicle (EV) manufacturing facility in Tamil Nadu which is projected to churn out about 3,000 to 3,500 local job opportunities. VinFast shared its plan to set up an integrated electric vehicle (EV) manufacturing site in Thoothukudi City, Tamil Nadu on February […]

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PSP Emerges Cost Competitive To BESS: CareEdge Ratings Analysis

CareEdge Ratings a research-based company in its recent estimate for this year found PSP and BESS to be two leading technologies for energy storage. The CareEdge report found that Pumped Storage Projects (PSP) and Battery-Energy Storage Solutions (BESS) technology can become leading technologies in the mainstream mediums for energy storage. It holds the potential to […]

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With Focus On Electric Buses, Ashok Leyland Building Greenfield Plant in UP

Hinduja Group’s commercial vehicle manufacturing arm Ashok Leyland held a ground-breaking ceremony to set up a new integrated commercial vehicle plant focused on green mobility in Uttar Pradesh. The factory will be built at the new factory site on Kanpur Road in Lucknow. This facility will be Ashok Leyland’s seventh vehicle plant in the country. […]

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Italy’s PLT Energia And GGS Energy to Develop 1 GW RE Projects in Texas

Italy-based renewable and energy storage company PLT Energia has announced that its subsidiary PLT Energy US Corp has entered into a joint venture with GGS Energy to develop more than 1 GW of renewable energy in Texas, United States. According to a press statement, the joint venture’s first project will be the development and construction […]

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Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece

Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision […]

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Balance Power 40MW Battery Project Gets Planning Approval in UK

United Kingdom-based renewable energy developer Balance Power‘s 40MW battery storage project in Cheshire, England has received the planning approval. The project, located in Cheadle, will store renewable energy at times of peak generation and export it back onto the grid when demand is high, balancing intermittency, according to the press release. The storage facility will […]

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GlobalFoundries, Biden Admin Announces $1.5 Bn Funding For CHIPS & Science Act

The US Department of Commerce recently announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. GF claims to expand and create new manufacturing capacity through this investment. It estimates to expand it capabilities and securely produce more essential chips for automotive, IoT, aerospace, defense, and […]

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Karnataka Tops List With Most EV Charging Stations In India, Reveals BEE Data

In a recent revelation by the Union Ministry of Power, the Bureau of Energy Efficiency (BEE) stated that the southern state of Karnataka has grabbed the top position as far as electric vehicle charging stations are concerned. The data said that the state now has 5,059 EV charging stations. According to a release from the […]

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