Swiss start-up hiLyte LLC has developed a non-toxic iron consumable based battery that can be used for lights and even mobile phone charging in households which are not connected to the grid or face outages. Swiss start-ups are increasingly seeking partnerships with Indian companies to take advantage of the country's rapidly growing renewable energy market. India is welcoming the growing levels of investment in its renewable infrastructure, with the partnerships reducing the cost of clean tech through scale. The first such partnership was announced last month between a Chinese company and an Indian solar company, which will build two solar-powered power plants at India's largest coal mine, located near Mumbai.
Swiss start-ups are increasingly seeking partnerships with Indian companies to take advantage of the country's rapidly growing renewable energy market. India is welcoming the growing levels of investment in its renewable infrastructure, with the partnerships reducing the cost of clean tech through scale. The first such partnership was announced last month between a Chinese company and an Indian solar company, which will build two solar-powered power plants at India's largest coal mine, located near Mumbai.