Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.
The NITI Aayog has suggested banning sales of non-electric two and three wheelers in 2025 and cars, trucks and buses five years later as well as forcing public fleets and the cars used by ride hailing apps to be electric.
The global energy storage market is poised to grow rapidly in the coming years, with Bloomberg New Energy Finance (BNEF) predicting $620 billion in investment over the next two decades will push cumulative global installations to 942 GW/2,857 GWh by 2040. Declining lithium-ion battery costs are driving much of this growth, with BNEF expecting the cost of utility-scale storage systems to fall roughly 52% through 2030, following an approximate 80% slide in the average price of lithium-ion battery packs in the first seven years of the current decade.
In news that will add urgency to Indian government efforts to establish a domestic storage industry, funding has apparently been secured for 16 GWh-plus production lines in Sweden and Germany. Is India at risk of being left in the starting blocks?
Federal trade authorities in the U.S. have ruled bifacial solar modules will no longer be subject to the Section 201 ruling which applies a 25% tariff to solar panel imports.
State-owned Madhya Pradesh Power Management Company Limited (MPPMCL) has invited domestic and global players for providing grid-scale energy storage services of up to 500 MW with 8 hours of daily discharge and setting up a storage manufacturing facility in the state. The deadline for proposal submission is August 2.
The government is considering financial incentives such as import and export duty waivers to woo battery manufacturers to set up a globally competitive manufacturing base in India.
Easy access to finance topped the agenda of the minister’s meeting with various stakeholders, wherein issues related to land acquisition and Goods and Services Tax (GST) were also discussed.
Following the Indian government’s 40 GW plan for the states, Telangana has pitched for setting up a 5 GW lithium ion plant by announcing the ready availability of 200 acres of land and power and water for the fab at a concessional rate.
Dustin Mulvaney is a solar industry veteran. Associate professor at the Department of Environmental Studies, San José State University, in the United States, he recently published a new book this April, Solar Power, Innovation, Sustainability, Environmental Justice, which looks at creating a “more sustainable and just solar industry for the future.” A part of this is the creation of a new global sustainability module standard. He spoke with pv magazine as part of the launch of our new UP initiative.
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