Tech Mahindra, the IT arm of Mahindra Group, expects two of its in-house startups to raise external funds by the end of 2016 as part of its plans to turn these entities into standalone companies. "Saral Rozgar and Microgrid could raise external money by the end of this year. We have seen some inte... Read more

With a continued goal to operate a cleaner energy grid, the California Independent System Operator Corp. (ISO) Board of Governors today approved several proposals that support improved integration of storage and demand response resources in the wholesale electricity market.  The Board also approve... Read more

Amara Raja Batteries today reported a 33.06 per cent rise in its stand-alone net profit at Rs 136.18 crore for the quarter ended December 2015. The company had posted a net profit of Rs 102.34 crore in the same period a year ago, Amara Raja Batteries said in a statement. Stand-alone net sales al... Read more

The Indian government's Department of Heavy Industry has announced an ambitious goal of deploying six-seven million electric vehicles (EVs) across the country by 2020. This will create a huge demand for lithium-ion (li-ion) batteries and an enormous market potential can be foreseen.   The consump... Read more

Ice Energy, the leading provider of distributed thermal energy storage solutions, has introduced the Ice Bear 20 -- a smaller-capacity version of its flagship Ice Bear system. The new system combines Ice Energy's patented thermal storage and smart-grid technology with integrated cooling, enabling ... Read more

The Ontario Ministry of Research and Innovation will invest $900,000 to support three strategic, bilateral research collaborations under the Ontario-India Research Collaboration Fund, to support researchers from Ontario and India who are involved in developing new anti-malarial treatments, new water... Read more

Domestic battery firms including Eveready have asked the government to make domestic quality standards mandatory for imports to prevent cheap quality products flooding the market. Dry battery makers, including Eveready, Indo National and Panasonic, have successfully made a case before the governmen... Read more

The company hopes to launch its battery business across the country by June 2016Hella India Lighting, the Indian arm of German automotive lighting major, is all set to diversify into automotive battery segment as well. The company hopes to launch its battery business across the country by June 2016... Read more

With electric cars gaining traction in India and abroad, Amara Raja Group (ARG), an established player in automobile batteries, is looking to enter electric car batteries space in due course. “Our R&D centre is working on electric car batteries and other new technologies.   However, market... Read more

Saft, the world’s leading designer and manufacturer of high-tech industrial batteries, has delivered an advanced Lithium-ion Energy Storage System (ESS) to power lighting and Wi-Fi for the Champ de Mars, the grand public square in Port-au-Prince, Haïti. The contract with Montreal-based Geninov Gr... Read more

2016 Auto Expo will witness the debut of India's first lithium-ion battery operated electric two-wheeler. The manufacturer of this two-wheeler - Lohia Auto - has recently confirmed this move, and has also stated that this will be India's first two wheeler which will be powered by a lithium-ion batte... Read more

France wants to build the Post-Paris Agreement world with India, French President Francois Hollande today said as he called the International Solar Alliance as "India's gift" to the world in combating climate change. Hollande also pledged 300 million Euros to develop solar energy in next five years... Read more