OMC Power, a distributed renewable energy (DRE) company targeting 1 GWp clean energy portfolio in India, and Honda Motor have partnered on innovative business models in energy storage and battery repurposing from the electric mobility ecosystem.
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.
As most imported battery cells are not designed for India’s conditions, localization of battery design and strict adherence to AIS-156 and BIS safety standards is absolutely critical.
The India Energy Storage Alliance (IESA) has welcomed the streamlining of the GST rate for all advanced batteries under heading 8507 to a uniform 18%, replacing the earlier regime where lithium-ion batteries were taxed at 18%, while other chemistries attracted a 28% GST.
Lohum stated its new lithium refinery will have the capacity to produce 1,000 metric tonnes annually.
CLN Energy has secured an order with a Singapore-based multinational company to supply lithium-ion batteries, cabinets and other related items.
Inverted has unveiled plans to establish a fully automated battery plant in Ghilot, Rajasthan, with an annual production capacity of 5 GWh. The 4-acre facility will produce battery solutions for four-wheelers, light commercial vehicles and battery energy storage systems.
India’s Ministry of Heavy Industries has signed a programme agreement with Reliance New Energy Battery Ltd for 10 GWh capacity under the production-linked incentives (PLI) Scheme for advanced chemistry cells.
Epsilon Group plans to invest INR 9,000 crore to set up a graphite anode manufacturing plant and INR 6,000 crore for a lithium iron phosphate (LFP) cathode manufacturing plant in Karnataka. In addition, it will invest INR 350 crore to build a battery materials and battery testing R&D and training center in the state.
Zenaji, an Australian manufacturer of lithium-titanium-oxide (LTO) batteries, says the LTO market will hit $5.8 billion by 2032, growing at a 12.6% annual rate. It claims that its Eternity battery system is poised to capitalize on the trend.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.