Now Europe is pushing domestic battery manufacturing plans
EU industry body EUROBAT has called for the bloc to adopt a battery industrial strategy and has pushed the claims of domestic manufacturers in the same manner as India has, as the race hots up to dominate the global energy storage market.
Indian renewables leaders split over need for regulation
While some of the industry insiders gathered at REI 2019 have made predictable calls to be free of the restrictions imposed by regulators, others maintained policy support is crucial and audience members voiced concern about India’s lack of recycling rules.
Innolia Energy to invest Rs225 crore in solar module and EV product manufacturing
The U.S. company claims its 300 MW manufacturing plant in Hyderabad will deliver a fully integrated and customizable system solution of solar panels, lithium battery packs and controllers under a single roof.
Lithium-ion batteries still set for US tariffs on September 1
The energy storage market is set to be the latest affected by Trump’s trade war as lithium-ion batteries were excluded from the group of Chinese imports for which the U.S. president announced tariffs would be delayed until December 15.
India to hike import tariff on solar equipment: Power minister
Tariffs will be hiked down the value chain in order to encourage domestic solar manufacturing, which currently stands at just 3.2 GW for solar cells and 8.5 GW for solar modules.
Megapack marks Tesla’s new play for utility scale storage market
The Palo Alto company says it has improved its large scale battery offering with the new product in the wake of the success of its Powerpack-driven big battery in Australia. The Megapack can be deployed at a 250 MW/1 GWh clean energy plant four times faster than a fossil fuel alternative, claimed the business in a blogpost.
Lead-acid battery market primed for growth with EVs?
“Lead-acid batteries are comparatively cheaper than other battery types such as Ni-MH and Li-ion. Moreover, these have the highest recyclability percentage of any product, and are therefore likely to find more takers owing to their reduced cost of production,” according to industry participants at the International Lead Conference held in Spain.
Has solar lost its sheen for India’s EV push?
While India’s recent union budget announced steps to create an electric vehicle market, the solar sector still has issues that have not been addressed.
Energy storage and EVs clear winners in union budget 2019: IESA
The new budget aims to seize the opportunity in energy storage and EVs through a range of incentives. However, alongside demand, production and export, the government also needs to focus on e-waste management and Li-ion battery recycling to sustain raw material supply and minimize environmental impact.
Economic Survey calls for $330 billion investment in renewables
The annual report has placed EVs at the heart of India’s decarbonization and called for an Indian answer to the U.S. ‘Motor City’ of Detroit, where electric vehicles and the batteries to run them could be manufactured.
