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PLI scheme for ACC battery storage: Reliance New Energy, Ola, Rajesh Exports sign pact – EQ Mag Pro

The government has signed a programme agreement with Reliance New Energy, Ola and Rajesh Exports under the PLI Scheme for ACC Battery Storage These companies will receive incentives under India’s Rs 18,100-crore PLI scheme The private players are expected to create battery manufacturing capacity to the tune of ~95 GWh New Delhi: The government has […]

EIB approves €4.3 bn in transition funding, including €805 mn for clean power – EQ

10 bids received under PLI Scheme for ACC Battery Storage – EQ Mag Pro

Industry has reposed its faith in India’s stellar progress as a world class manufacturing destination which resonates strongly with Hon’ble Prime Minister’s clarion call of Atma Nirbhar Bharat – a self-reliant India. New Delhi: A total of 10 companies submitted their bids under the Advanced Chemistry Cell (ACC) Battery Storage Programme in India for which […]

Jindal Stainless ropes in UK-based SBTi to help reduce carbon footprint – EQ

Cabinet Approves PIL Scheme ‘National Programme on ACC Battery Storage’

The Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the proposal of the Production Linked Incentive (PLI) Scheme on the National Programme on Advanced Chemistry Cell (ACC) Battery Storage. The proposal of the Department of Heavy Industry for implementation is approved for achieving a manufacturing capacity of 50 GWh of ACC and “Niche” […]

South Asia Going Solar with Growatt Solutions – EQ