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

  • Utkal Divas, also known as Odisha Foundation Day, is being celebrated on April 1, 2026, marking the formation of Odisha as India’s first linguistic state in 1936.

    Read More....

  • Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill 2026 on March 30, aiming to speed up resolutions, introduce mandatory 14-day admission, and strengthen creditor rights.

    Read More....

  • Dr. Thomas Pucadyil, renowned cell biologist and Shanti Swarup Bhatnagar Prize winner, has been appointed as the new Director of BRIC-NCCS, Pune.

    Read More....

  • Former Suriname President Chandrikapersad Santokhi, from an Indo-Surinamese Hindu family, passed away on March 30, 2026, at the age of 67.

    Read More....

  • The 9th edition of India Pharma 2026 will be held on April 13-14, 2026, in New Delhi with the theme “Discover in India: Leapfrogging Life-Sciences Innovation”.

    Read More....

  • Senior IAS officer Ashwini Bhide, popularly known as the “Metro Woman”, has become the first woman Commissioner of Brihanmumbai Municipal Corporation (BMC).

    Read More....

  • COP15 to the Convention on Migratory Species (CMS) has added 40 new species to its protected appendices to enhance global conservation efforts.

    Read More....

  • Andhra Pradesh will launch India’s first quantum computer on April 14, 2026, in Amaravati as part of developing Amaravati Quantum Valley.

    Read More....

  • Prime Minister Narendra Modi inaugurated the Kaynes Semicon semiconductor plant at Sanand, Gujarat on March 31, 2026, advancing India’s semiconductor self-reliance.

    Read More....

  • The Indian Navy received ‘Malwan’, the second indigenously built Anti-Submarine Warfare Shallow Water Craft, from Cochin Shipyard on March 31, 2026.

    Read More....