+
Maha announces strategic energy partnership with Gogoro & Belrise
POWER & RENEWABLE ENERGY

Maha announces strategic energy partnership with Gogoro & Belrise

Maharashtra government declared a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile Badve Engineering Ltd) to establish an unparalleled battery-swapping infrastructure. Gogoro, a global technology leader in battery swapping ecosystems that enable smart sustainable mobility solutions for cities, and Belrise, a leading automotive systems manufacturer based in India, plan a joint 50:50 partnership to invest approximately USD 2.5 billion over eight years to build energy infrastructure across the state. The non-binding MOU agreement was signed at the Maharashtra pavilion, World Economic Forum in Davos, Switzerland.

The companies plan to build an open and accessible smart energy infrastructure that establishes battery swapping and smart battery stations as a leading source for mobility and energy storage. The deployment is also expected to accelerate job growth throughout the smart energy, electric vehicle, and sustainability value chain. Additionally, the partnership is also expected to foster smart electric vehicle manufacturing and assembly in the state. “It is indeed a remarkable moment for the state, this will perhaps be the largest green partnership of this nature worldwide," said Chief Minister Eknath Shinde.

“As a national leader in sustainability, it is important for Maharashtra to embrace new technologies that are open, accessible and enable dynamic solutions that can accelerate the transition to smarter sustainable cities and set an example that other states in India can follow,” said Devendra Fadnavis, Deputy Chief Minister of Maharashtra. He further added, “We are partnering with Gogoro and Belrise to deploy world’s largest and most innovative smart energy infrastructure to utilize battery swapping for solving the unique and distributed energy challenges we face daily. This project will enable new alternatives to the fossil fuels solutions many of our residents use today.”

The battery swapping infrastructure expects to begin deploying in 2023 which will leverage Gogoro's smart energy ecosystem including smart battery stations, swapping technologies, network management solutions, and will provide numerous innovations, contributing in the areas of smart city design and development, energy storage stations & systems, smart mobility sharing, smart electric vehicles, demand response services and distributed energy storage, smart agriculture, among other applications.

Maharashtra government declared a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile Badve Engineering Ltd) to establish an unparalleled battery-swapping infrastructure. Gogoro, a global technology leader in battery swapping ecosystems that enable smart sustainable mobility solutions for cities, and Belrise, a leading automotive systems manufacturer based in India, plan a joint 50:50 partnership to invest approximately USD 2.5 billion over eight years to build energy infrastructure across the state. The non-binding MOU agreement was signed at the Maharashtra pavilion, World Economic Forum in Davos, Switzerland. The companies plan to build an open and accessible smart energy infrastructure that establishes battery swapping and smart battery stations as a leading source for mobility and energy storage. The deployment is also expected to accelerate job growth throughout the smart energy, electric vehicle, and sustainability value chain. Additionally, the partnership is also expected to foster smart electric vehicle manufacturing and assembly in the state. “It is indeed a remarkable moment for the state, this will perhaps be the largest green partnership of this nature worldwide, said Chief Minister Eknath Shinde. “As a national leader in sustainability, it is important for Maharashtra to embrace new technologies that are open, accessible and enable dynamic solutions that can accelerate the transition to smarter sustainable cities and set an example that other states in India can follow,” said Devendra Fadnavis, Deputy Chief Minister of Maharashtra. He further added, “We are partnering with Gogoro and Belrise to deploy world’s largest and most innovative smart energy infrastructure to utilize battery swapping for solving the unique and distributed energy challenges we face daily. This project will enable new alternatives to the fossil fuels solutions many of our residents use today.” The battery swapping infrastructure expects to begin deploying in 2023 which will leverage Gogoro's smart energy ecosystem including smart battery stations, swapping technologies, network management solutions, and will provide numerous innovations, contributing in the areas of smart city design and development, energy storage stations & systems, smart mobility sharing, smart electric vehicles, demand response services and distributed energy storage, smart agriculture, among other applications.

Next Story
Equipment

MHI to Design Japan’s Largest CO2 Capture Plant

Mitsubishi Heavy Industries, (MHI) has secured a contract from Hokkaido Electric Power Co., Inc. (HEPCO) for the basic design of a CO2 capture plant at the Tomato-Atsuma Power Station. The facility will use MHI’s proprietary CO2 capture technology to remove 5,200 tonnes of CO2 per day from flue gas emitted during boiler combustion. This Front End Engineering Design (FEED) marks a step towards Japan’s largest CO2 capture plant.  Under this project, MHI will assess the plant’s primary equipment and technical specifications, in preparation for future deployment. The initiative for..

Next Story
Real Estate

IHCL Signs New Ginger Hotel in Kanpur

The Indian Hotels Company (IHCL), India’s largest hospitality company, has announced the signing of a new Ginger hotel in Kanpur, Uttar Pradesh. This will be a greenfield project. Deepika Rao, Executive Vice President, New Businesses and Hotel Openings, IHCL, said, “Kanpur is a prominent manufacturing and commercial centre in Uttar Pradesh, making it an ideal location for Ginger’s offering. This signing is part of our strategy to build Ginger’s presence in such emerging cities. We are delighted to extend our partnership with JK Urbanscapes Developers.” The 100-key Ginger Ka..

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?