The Indian government’s decision to classify grid-scale energy storage as infrastructure addresses the industry’s “biggest concerns” by making investments easier to facilitate, Energy-Storage.news has heard.
A clarification of the status of energy storage systems (ESS) in India’s power sector, issued by the government’s Ministry of Power, has described the various technologies as “essential” to achieving national renewable energy goals.
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.