Daily Current Affairs on India's first battery storage gigafactory to start operating by October for SBI (Clerical) Exam Preparation

Science & Technology

Current GK (SBI-CL)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

India's first battery storage gigafactory to start operating by October

GoodEnough Energy, India's first manufacturer of battery energy storage systems, will start operations at India's first battery energy storage gigafactory in the northern region of Jammu and Kashmir by October.

  • The facility will help industry in cutting more than 5 million tons of carbon emissions in a year, GoodEnough said in a statement. India has set a 2070 goal for becoming net zero.
  • GoodEnough has already spent 1.5 billion rupees ($18.07 million) on the 7 gigawatts per hour (GWH) facility and will spend 3 billion rupees by 2027 to raise capacity to 20 GWH, said its founder Akash Kaushik.
  • India's government is offering $452 million in incentives to companies under a programme to promote battery storage projects.
  • Such systems enable the storage of energy from solar, wind and other renewable sources so it can be released when needed.

ProfileResources

Download Abhipedia Android App

Access to prime resources

Downlod from playstore
download android app download android app for free