India's first battery storage gigafactory launched in Jammu and Kashmir

India's first battery storage gigafactory launched in Jammu and Kashmir

Daily Current Affairs / India's first battery storage gigafactory launched in Jammu and Kashmir

Change Language English Hindi

Category : National Published on: March 22 2024

Share on facebook

India's first battery storage Gigafactory will be operational in Jammu and Kashmir by October, helping cut carbon emissions by 5 million tonnes per year.
The target of this factory is equivalent to Indian Railways' carbon reduction target of 4 million tonnes, which supports India's goal of achieving net zero by 2070.
Goodenough Energy has invested Rs 1.5 billion for this gigafactory, which will be increased to 20 GWH by 2027.
This is crucial for India's goal of reaching 500 GW of renewable energy capacity by 2030 from the current 178 GW.
The main goal of this gigafactory is to establish an integrated ecosystem, which strengthens storage systems and facilitates the production of advanced battery energy.

Recent Post's

The 4th Shanghai Cooperation Organisation Startup Forum was hosted in New Delhi.
Read More....
Ruturaj Gaikwad appointed as the new captain of IPL 2024's Chennai Super Kings.
Read More....
According to the UN agency, Sudan is now facing the biggest challenge of the hunger crisis.
Read More....
Election Commission of India appoints Bhushan Gagrani as the new BMC Commissioner.
Read More....
World Down Syndrome Day, observed on March 21, highlights the theme
Read More....
Poet and critic Nishant receives the Devi Shankar Awasthi award for his contributions to literature and critical analysis.
Read More....
Naveen Jindal assumes the role of President of the Indian Steel Association, succeeding Dilip Oommen.
Read More....
World Forestry Day was observed on March 21.
Read More....
ISRO successfully concludes its second crucial landing experiment for the reusable launch vehicle.
Read More....
Mineral production in the country sees a growth of 5.9% during January 2024.
Read More....