An Indian government scheme to support domestic battery manufacturing received bids totalling 130GWh of proposals, more than double the anticipated 50GWh of capacity the incentives will support.
The first lithium-ion battery cells have been produced at Northvolt’s new gigafactory in Sweden and a UK sodium-ion battery startup has been acquired by the solar subsidiary of India’s Reliance Industries.
The need for energy storage solutions in India to enable huge renewable energy growth makes it a promising market, Tata Power has said, after its solar subsidiary was awarded the country’s largest solar-plus-storage project to date.
India’s government will launch its first 1,000MW pilot tender to procure energy storage within a matter of weeks, Ministry of Power joint secretary Ghanshyam Prasad has said.
With the catastrophic impacts of climate change seen around the world, there is little time left to act but energy storage has a huge opportunity to be part of the solution, the audience at World Energy Storage Day online conference heard today.
An agreement has been signed which could lead to a multi-gigawatt lithium-ion battery cell manufacturing facility being built near Chennai, India, using 24M’s advanced ‘SemiSolid’ electrode technology.
India’s biggest grid-scale battery storage system to date received a visit from Delhi government minister Satyendar Jain, who emphasised the urgent need for energy storage to stabilise the grid and incorporate higher shares of renewable energy sources.
As energy system modernisation and decarbonisation progresses, energy storage could represent between 10% and 25% of India’s total installed power capacity by 2050, while other countries in South Asia including Bangladesh, Nepal and Bhutan also have “significant opportunities” for energy storage.
