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

  • No Smoking Day 2026 is observed on March 11, urging people worldwide to quit tobacco and embrace a healthier, smoke-free life.

    Read More....

  • Veteran actor Amol Palekar will be honoured with the Lifetime Achievement Award at the 21st Mahindra Excellence in Theatre Awards (META) 2026, to be held in New Delhi from March 19–25.

    Read More....

  • The Union Cabinet chaired by PM Narendra Modi approved the declaration of Madurai Airport in Tamil Nadu as an International Airport to boost regional connectivity and economic growth.

    Read More....

  • IndiGo co-founder Rahul Bhatia has taken charge as interim CEO of India's largest airline following the resignation of Pieter Elbers.

    Read More....

  • PPVFRA has officially registered 'Nagauri Paan Methi' (Trigonella corniculata L.) as a Community Farmers' Variety, granting legal protection to farmers of Nagaur district, Rajasthan.

    Read More....

  • NABARD, along with the Gates Foundation and Dalberg Advisors, launched the National Climate Stack Innovation Challenge to strengthen climate resilience for India's rural and agricultural sectors.

    Read More....

  • The International Malaria Conference (IMC) 2026, held from March 7–9 in New Delhi, concluded with a global commitment to accelerate malaria elimination efforts.

    Read More....

  • Japan approved the world's first iPS cell-based therapy 'Amchepry' for Parkinson's disease, marking a historic milestone in regenerative medicine.

    Read More....

  • Delhi Lieutenant Governor Vinai Kumar Saxena has been appointed as the new Lieutenant Governor of Ladakh, replacing Kavinder Gupta who has been reassigned as Governor of Himachal Pradesh.

    Read More....

  • Gyan Bharatam, a flagship Ministry of Culture initiative with a budget of Rs. 491.66 crore (2025–2031), aims to survey, conserve, and digitize India's vast manuscript heritage.

    Read More....