New Delhi: Domestic industry body IESA and KOTRA of Korea have signed a memorandum of understanding (MoU) to jointly work in the field of energy storage and e-mobility. As part of the MoU, the two bodies will exchange knowledge and information, establish best practices, and create new business opportunities in the South Korean and Indian energy storage and e-mobility markets for their respective members. In a statement on Thursday, the India Energy Storage Alliance (IESA) said the MoU was on signed on June 14. The MoU will remain in effect for a period of three years from the date of signing, according to the statement. “India’s energy storage industry, which is the key means of renewable energy development and eco-friendliness, is expected to develop significantly, and with this opportunity, we will strive to expand exchanges between energy storage companies in Korea and India,”…
