At least two global technology leaders could set up Gigafactories to manufacture lithium-ion cells in India in the next couple of years, and most major Indian firms are setting up energy storage divisions, according to the head of the India Energy Storage Alliance (IESA).
Energy Renaissance is constructing a 1GWh per annum lithium-ion battery storage manufacturing plant at Darwin, in the Northern Territory of Australia, while CEFC has financed a 2Mtpa lithium concentrate mining project in Western Australia.
Brisbane-based renewable energy investor Lyon Group has launched an innovative utility-scale solar-plus-storage market services tender to cover 640MWh of storage across three major projects in Victoria, South Australia and Queensland.
India’s first grid-scale solar-plus-storage tender has been held up by the extreme drop in the country’s solar PV prices this year, according to Rahul Walawalkar, executive director of the Indian Energy Storage Alliance.
Filipino renewable energy firm Solar Philippines has started construction on the first utility-scale solar project to be combined with battery energy storage in the Philippines.