Vikram Solar mulls entry into cell, battery manufacturing
The Hindu
Vikram Solar plans to set up a 1GWh solid-state cell and battery manufacturing facility in Chennai.
Vikram Solar Ltd., which is into solar photo-voltaic (PV) module manufacturing has announced plans to set up a 1GWh fully integrated solid-state cell and battery manufacturing facility with proprietary battery management system (BMS) technology.
This facility to be located in Chennai can be scaled up to 5 GWh. It is expected to cater to the growing energy demands in the global market.
Gyanesh Chaudhary, chairman & managing director, Vikram Solar, said “Our solid-state batteries, [to be] developed and manufactured with majority components which are India-made align with India’s renewable energy and climate goals.”
“Leveraging the technology of our partners, Entity2 Energy Storage Pvt. Ltd., which holds several patents for non-lithium solid-state battery technologies, we will produce batteries that can be scaled up to meet the growing energy needs.” he said.
“As per Crisil report, at present India meets only 15-20% of its power requirement from renewable energy and the revised target is 50% of its energy requirements from renewable energy by 2030. To accommodate such a high proportion of variable generation in the overall energy mix, there will be a need of additional investment in battery storage,” he added.
“As per Crisil report, projections are showing a 23-24 GW capacity addition in battery energy storage systems (BESS) over the fiscal years 2025 to 2030,” he further said.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.
Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.
Worli, Mumbai, dominates India’s ultra-luxury apartment market, accounting for 40% of transactions worth ₹5,500 crore in two years.
IndiGo faces disruptions due to a hiring freeze, prompting pilots' body to urge regulatory intervention for safe operations.
Nvidia CEO Jensen Huang met separately with U.S. President Donald Trump and Republican senators Wednesday
Rupee falls to 90.43 against the dollar amid RBI's restrained intervention and high importer demand, causing market concerns.
Meta’s poaching of Apple's Alan Dye underscores its push to expand consumer hardware beyond its smart glasses