Industry players speak to pv magazine about whether China’s decision to tighten export controls on key minerals and technologies for lithium batteries will cause a short-term disruption or lead to a long-term strategic realignment of the global supply chain.
The world is projected to retire over 11 million tonnes of lithium-ion batteries each year by 2030. India may contribute nearly 2 million tonnes by 2030, not only due to electric vehicles, but also because of an exponential level of consumption of consumer electronics and stationary storage.
ACME Group and Vietnam’s Stavian Industrial Metal have executed a binding term sheet for long-term sale and purchase of 0.8 MTPA of green HBI (Hot Briquetted Iron) and DRI (Direct Reduced Iron)—two critical raw materials used in steelmaking—for a period of ten years.
The Chinese government has introduced new export controls on key dual-use items, citing national security concerns. The move opened a new chapter in the ongoing trade confrontations with the US.
ENGIE has launched a program to collaborate with enterprise-ready startups in addressing operational and technological challenges across India’s renewable energy sector.
TKIL Industries (formerly thyssenkrupp Industries India) has entered into a strategic partnership with German company 2G Energy International to introduce combined heat and power (CHP) plant and gas engine solutions in India.
Paired Power’s modular microgrid targets is assembly-free remote industrial and agricultural applications and rural electrification for Indigenous communities.
NTPC Vidyut Vyapar Nigam Ltd (NVVN), appointed as the authorised representative by Kerala State Electricity Board Ltd (KSEBL), has invited bids for the development of 500 MWh (250 MW x 2 hours) of standalone battery energy storage systems (BESS) in Kerala for on-demand usage by KSEBL.
Advait Greenergy has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to invest INR 1,400 crore across electrolyser and fuel cell manufacturing, emergency restoration system (ERS), and engineering, procurement & construction (EPC) projects.
SJVN’s tender for an assured peak supply of 6 GWh (1.5 GW x 4 hours) from 1.5 GW of renewable energy projects backed by energy storage systems has discovered a tariff of INR 6.74/kWh. Reliance NU Energies secured the largest share.
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