LNJ Bhilwara, a diversified business group with presence in graphite electrode manufacturing, has formed a joint venture with Pune-based Replus Engitech to create lithium battery solutions for both e-mobility and stationary applications. The JV aims to have 1 GWh capacity operational in Pune by mid-2022 and eventually scale it to 5 GWh by 2024.
The production-linked incentive scheme for battery storage, with an outlay of INR 18,100 crore (US$ 2459 million), is intended to build a cumulative 50 GWh of advanced chemistry cell (ACC) and 5 GWh of ‘niche’ ACC production facilities in India.
The energy storage manufacturer will use the funds to expand its manufacturing capabilities, and aid product development with emphasis on smart Internet of Things (IOT) based batteries and telematics.
The Telangana-headquartered lithium-iron-phosphate (LFP) battery manufacturer has teamed up with Las Vegas-headquartered Barrel Energy to develop and manufacture lithium batteries for electric vehicles. The joint venture will establish factories in India and North America.
The energy storage system arm of Waaree Group has designed and developed Lithium batteries to power ACE Ltd’s electric forklifts running at Chennai airport.
Imported solar inverters and lanterns will get costlier, as the union budget for the next fiscal year has proposed customs duty increases from 5%, for both items, to 20% and 15%, respectively. The budget, which also incentivizes Indian manufacturing of solar project components whilst giving a helping hand to raw materials, makes no mention of solar cells or panels.
The Mumbai-based battery startup develops advanced nano-material composites to enable quick-charging batteries for electric vehicle (EV), industrial storage, and consumer electronics space.
Scientists in Japan demonstrated a hard-carbon electrode that can greatly increase the capacity of a sodium-ion battery. With further work on the long-term performance, the discovery could make sodium-ion batteries better able to compete on energy density with their lithium-ion counterparts.
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