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

  • UIDAI collaborates with Google Maps to display over 60,000 verified Aadhaar centres across India.

    Read More....

  • World NGO Day 2026 highlights the contributions of NGOs in social change and encourages volunteering and partnerships.

    Read More....

  • Pakistan launches Operation Ghazab lil-Haq, escalating tensions with Afghanistan after alleged cross-border firing.

    Read More....

  • International Polar Bear Day 2026 raises awareness about climate threats and conservation of Arctic polar bears.

    Read More....

  • India pays tribute to freedom fighter Chandra Shekhar Azad on his 95th martyrdom day.

    Read More....

  • India launches CBDC-based food subsidy pilot under PMGKAY in Puducherry for direct digital transfers.

    Read More....

  • Baroruchi Mishra appointed as new CEO of Hindustan Oil Exploration Company effective April 1, 2026.

    Read More....

  • CBIC to launch SWIFT 2.0 and revamped Atithi App on International Customs Day 2026 to simplify trade and customs processes.

    Read More....

  • Saudi Arabia bans poultry and egg imports from 40 countries including India and Bangladesh due to public health risks.

    Read More....

  • Haryana to launch CM Shri Schools following the PM Shri model, promoting modern infrastructure and inclusive education.

    Read More....