Coal India to set up methanol plant
In a time when the government is betting big on alternative fuel and is pushing Electric Vehicles (EVs), Coal India (CIL) has aimed to produce 0.67 million tonne of methanol per annum to boost clean energy initiatives. Recently,
Essel plans Rs 17.5 billion project for EV charging infrastructure in UP
In order to implement the initiative of setting up electric vehicle charging and battery swapping infrastructure under Essel Green Mobility, Essel Infraprojects (EIL) is planning to invest Rs 17.5 billion in a phased manner. In 20 cities, EIL will set up 250 charging stations and 1,000 battery swapping stations.
We foresee boom in EVs by mid-2019
First of all, we have received good response in Elecrama this year 2018. This year, we have launched advanced electric vehicle (EV) charging infrastructure.
ION Energy acquires French battery-management firm Freemens
ION Energy, a Mumbai-based company that works in the area of energy storage systems and electric vehicle infrastructure, said it has acquired French battery management company, Freemens SAS. As part of the cash plus equity deal, the entire Freemens engineering and sales team will join the core team of ION.
IoT in the energy sector
Internet of Things (IoT) has led to the evolution of ´smartness´ in everything from the grid to the city. The number of advances in M2M/IoT technology has initiated energy-efficient innovations, which are driven by Big Data analytics and M2M IoT application platforms.
The wires and cables industry has moved on from being the small industry it was 20 years back, to a very large industry over the last decade. Predominantly providing challenging opportunities in the field of manufacturing, supply chain and procurement, India as a market, is gaining importance in this industry.
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