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manufacturing capacity

Ashok Leyland, ABB Ink MoU in E-Mobility Space

Hinduja Group’s flagship firm Ashok Leyland entered into a Memorandum of Understanding (MoU) in the public e-mobility space with ABB Power Products and Systems India Ltd. Through this MoU, the two companies aimed to expand the eco-system for efficient and greener electric bus (e-bus) transportation systems in India. The motive behind the agreement was to […]

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Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020

Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax […]

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The Solar Rush in the Middle East Picks Pace

Back in 2013, when the Mohammed bin Rashid Al Maktoum Solar Park, was launched near Dubai with 13 megawatts of capacity, like in most projects in the region, the ambitions were grand. In 15 years, it was expected  to expand to 3,000 MW, with a target to supply the  Dubai Electricity and Water Authority (DEWA) […]

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Volkswagen to Become World’s Largest EV Manufacturer by 2028

Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […]

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Tata Power, Jakson and L&T Winners in NTPC’S 1 GW Solar Auction

NTPC Ltd has concluded the e-reverse auction for its 1,000 MW of solar tender under the DBDT program, awarding 560 MW capacity to three bidders. NTPC Ltd has concluded the e-reverse auction for its 1,000 MW of solar projects tender under the Develop Build Demonstrate (DBDT) program, awarding 560 MW capacity to three bidders. According […]

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Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac

Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […]

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Okaya Partners With IIT Delhi for “VRFB” Battery Research

Okaya Power Group has announced that it has associated with IIT Delhi as an Industry Partner for a Vanadium Redox Flow Battery (VRFB) research project. Okaya Power Group (OPG), a leading battery and power backup products manufacturing company has announced that it has associated with IIT Delhi, the country’s premier institution of engineering and technology […]

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Panasonic India Aiming to Expand EV Charging Offerings

Panasonic India is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years and is also looking to expand its EV charging offerings Panasonic Corporation’s Indian subsidiary Panasonic Life Solutions India has announced that it is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years, with focus to become a leading […]

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