PACE Digitek has inaugurated a state‑of‑the‑art battery energy storage systems (BESS) manufacturing facility at the Bidadi Industrial Area near Bengaluru. The new plant, with an annual cell‑to‑pack production capacity of 5 GWh, features a fully automated assembly line designed to optimize efficiency and minimize manual intervention. At the launch event, Union Minister for New and Renewable […]
Volektra Inc. has signed a Memorandum of Understanding (MoU) with Jendamark India Pvt. Ltd. to industrialize its magnet-free electric motor technology. The collaboration aims to scale up production of Volektra’s patented Virtual Magnet Motor (VMM) platform by leveraging Jendamark’s expertise in automation and manufacturing. Under the agreement, Jendamark will work with Volektra to develop production […]
Adani Green Energy Limited (AGEL) has announced that its total operational renewable energy capacity has reached 15,539.9 megawatts (MW) as of June 2025. The company’s portfolio comprises 11,005.5 MW of solar, 1,977.8 MW of wind, and 2,556.6 MW of hybrid power capacity. According to AGEL, the company added 3,309 MW of capacity in FY25, which […]
Bharat Heavy Electricals Limited (BHEL), a manufacturer of products and systems in the power and industrial sectors, has received a Letter of Award from Adani Power Limited for the supply of equipment and supervision services for six thermal power units, each with a capacity of 800 MW. The order is valued at approximately INR 65 billion, […]
ACME Solar Holdings has been awarded two standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh, with a combined capacity of 275 MW / 550 MWh. The projects were tendered by NHPC in February 2025 as part of efforts to strengthen the state’s energy storage infrastructure. The company’s successful bid for the Kuppam project […]
Cummins India Limited, a manufacturer of power generation systems, has launched its Battery Energy Storage Systems (BESS) as part of its expanding sustainable energy solutions portfolio. The systems are designed to support the integration of renewable energy sources such as solar and wind into existing power infrastructure, while also enhancing grid stability. The new BESS products […]
Hitachi Energy India Limited has received a INR 6.47 billion order from Power Grid Corporation of India Limited (POWERGRID) for 30 units of 765 kV, 500 MVA single-phase transformers. The equipment will be manufactured at the company’s Maneja facility in Vadodara, Gujarat, supporting POWERGRID’s transmission network expansion. Designed for ultra-high-voltage (UHV) AC applications, these transformers bolster India’s power […]
Raphe mPhibr, an aircraft and UAV manufacturer, has secured USD 100 million in new funding to scale its aircraft and unmanned aerial vehicle (UAV) design and manufacturing capabilities in India. The round was led by General Catalyst, with participation from existing investors including Amal Parikh, Think Investments, and several high‑net‑worth family offices, bringing the company’s total capital […]
Discussions between Indian and Croatian business leaders have highlighted mutual efforts to expand economic cooperation, particularly in trade, investment, and labour. Croatia has attracted interest from Indian companies in sectors such as logistics and manufacturing, and officials expressed openness to deeper collaboration. Croatia’s Minister of Foreign and European Affairs, Gordan Grlić Radman, noted that Indian […]
EKA Mobility, a developer of electric commercial vehicles, has raised INR 200 billion from private equity firm ENAM Holdings to expand its manufacturing operations. The funding, secured through convertible preference shares, will be used to develop three manufacturing plants as the company scales up commercial electric vehicle (EV) production. The Pune-based electric vehicle company currently […]
