Energy storage

The Ahmedabad-based technology startup has committed to funding INR 1,500 crore in electric vehicles and energy storage over the next five years in the state.

The pre-bid conference for the 50 GWh battery storage tender under the production-linked incentive (PLI) scheme saw the participation of around 20 prospective bidders. The conference was organized by India’s ministry of heavy industries to discuss and address the bidders’ queries.

Noida-headquartered Lohum plans to expand its integrated lithium-ion battery manufacturing and recycling facility in India to 3 GWh and expand into the US with its first facility. Co-founder Justin Lemmon speaks to pv magazine about how their operations in India will solve the battery supply chain and cost challenge for the nation’s electric mobility and renewable energy ambitions.

The electrical contacts manufacturer will join hands with battery storage firm RENERA and EV charger manufacturer L-Charge for its business expansion into these segments.

Global bids are invited to set up giga-scale advanced-chemistry battery cell manufacturing units in India under the government’s production-linked incentive scheme. To be eligible for the government subsidy, the bidder would have to commit to setting up a minimum of 5 GWh capacity. Bidding is open until December 31.

A report from Australia’s Future Battery Industries Cooperative Research Centre which analysed the development of battery hubs in the U.S., Germany and Japan, has found that co-location and cooperation between industry and government were key to their success. For Australia to play the same game, it will have to leverage its wealth of resources, and clean up its act along the way.

Today, both Reliance and Fortescue are realizing the huge investment, employment, import replacement and export opportunities in zero emissions industries of the future, both for India and Australia. And they look to be leading the way, fully supported by global financial institutions increasingly seeking to deploy trillions of patient capital in low volatility, non-commodity price exposed zero-emissions energy sources of the future.

The Indian auto-components manufacturer will set up a semisolid lithium-ion cell manufacturing facility in Chennai under a technology licensing agreement with American startup 24M. The first phase of the planned 10 GWh fab would start production in the second half of 2023.

The clean energy arm of Reliance Industries Limited will invest US$ 50 million in MIT-incubated Ambri. As part of the transaction the two companies will also partner to develop and manufacture liquid metal batteries in India.

With manufacturing ramping up year by year and policies already looking to get ahead of the large volumes of end-of-life products, the landscape for lithium-ion battery recycling is rapidly changing. pv magazine recently spoke with Mari Lundström, associate professor of chemical and metallurgical engineering at Aalto University, to find out what is needed on the research side for the effective recycling of batteries.