WoodMac analysts say the amount of new battery manufacturing capacity added in the nation this year could fall by as much as 10% because of the outbreak. With Tesla’s Shanghai gigafactory affected by the extended new-year-holiday shutdown, the analyst warned of potential supply shortages for Australia and the U.S. and U.K.
India is fostering a digital future via Prime Minister Narendra Modi’s ‘Digital India’ initiative – a national blockchain strategy that includes quantum computing, machine learning and artificial intelligence, as digital technologies become the primary platform for economic activity and growth.
Panellists including a government representative and a member of the chief policy thinktank used by Narendra Modi agreed coal will continue as the staple source of Indian power into the mid century and technology should be employed to ‘clean’ it.
With electric vehicles making up only 3% of the global car market last year, analyst WoodMac says battery packs need to be cheaper and lighter and range anxiety must be addressed to change the habits of drivers.
The Centre will work as a fast-track mechanism in resolving the investors’ issues and taking the ease-of-doing business ranking to a notch higher.
The grid-connected solar project shall come up at a reservoir of NTPC’s Auraiya Gas Power Plant in Uttar Pradesh. It is to be developed under Open category, allowing use of solar cells and modules of any origin.
MIT scientists have developed a solar desalinator which transports heat from the sun through a ten-stage process of evaporation and condensation. The group estimates a $100 device employing their innovation could provide the daily drinking water needs of a family.
The total QIA investment in AEML is Rs 3220 crore (US$ 452 million), which includes equity consideration of Rs 1210 crore (US$ 170 million) and shareholder subordinated debt of Rs 2010 crore (US$ 282 million).
Any proponent can install such facility in the country, said Minister of State for Environment, Forest And Climate Change, noting that technologies are available for complete recycling of lithium batteries to recover valuable metals.
Gujarat Urja Vikas Nigam Ltd has invited global bids to set up 500 MW of grid-connected solar projects. It shall enter into a 25-year PPA with successful bidders. Tariff ceiling is set as Rs 2.65/unit. Another tender for 185 MW—floated by Gujarat State Electricity Corporation Limited—seeks to select EPC contractors for plants ranging from 20 MW to 40 MW, which shall come up at various substations of Gujarat Energy Transmission Corporation Limited.
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