Showing posts from September, 2023

opportunity of around Rs 2.44 trillion

India has been putting a renewed focus on reducing the country’s overall carbon footprint and meeting its Sustainable Development Goals (SDGs) commitments made during the Paris agreement.  At the Paris climate talks in 2015, countries agreed to limit global warming to 1.5 degrees Celsius as compared to the pre-industrial levels to avoid extreme, destructive and likely irreversible effects of climate change. India government is “very serious” about its target of achieving 500 GW of renewable capacity by 2030, and is supporting the industry to make a “really good effort” to achieve the target. India, as the G20 presidency, has invited ISA as one of the guest international organisations. Mr Mathur (member of the Indian Prime Minister's Council on Climate Change) said a fall in battery prices by 2025 could drive the widespread adoption of solar plus battery solutions, leading to the realisation of India's ambitious target of installing 500 GW of renewable energy capacity by 2030 -

Energy storage Lithium Battery 2023

  Some dramatically different approaches to EV batteries could see progress in 2023, though they will likely take longer to make a commercial impact. One advance to keep an eye on this year is in so-called solid-state batteries. Lithium-ion batteries and related chemistries use a liquid electrolyte that shuttles charge around; solid-state batteries replace this liquid with ceramics or other solid materials.  At the same time, concerns about supplies of key battery materials like cobalt and lithium are pushing a search for alternatives to the standard lithium-ion chemistry.  In the midst of the soaring demand for EVs and renewable power and an explosion in battery development, one thing is certain: batteries will play a key role in the transition to renewable energy. Here’s what to expect in 2023. The global battery value chain, like others within industrial manufacturing, faces significant environmental, social, and governance (ESG) challenges Environmental:  The extraction and refini