Articles by India Inc. Staff

/Tag: Articles by India Inc. Staff

UK bets on India’s renewables potential

2020-06-01T14:59:24+00:00May 11th, 2020|The Big Story, The Big Story UK - India Global Business|

UK-based Faradion’s plans to set up a manufacturing base for its sodium-ion batteries for electric mobility, energy storage and mobile applications marks a major win for Make in India. Highlights: UK’s Faradion recently announced plans for an initial 1GW capacity sodium-ion manufacturing base in India. The UK has since become a key green finance partner for India’s renewables mission, including a partner country on a series of India-led initiatives like the ISA. India and the UK also committed £240 million of anchor capital in the Green Growth Equity Fund. There is a decisive shift in [...]

Make in India powers on renewables

2020-06-01T14:59:46+00:00May 11th, 2020|Editorials - India Global Business|

Editorial The increasing focus on renewables in India is drawing in several foreign companies. Earlier this year, it emerged that India’s annual electricity generation from coal-fired utilities fell in 2019 for the first time in a decade, reflecting an increased use of renewable energy. The contribution of solar and wind energy to India’s overall energy generation rose to 8.8 per cent, more than double their share of 3.6 per cent in 2015, according to official Indian government figures. India has [...]