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

  • IIM Rohtak’s Team LeBroom won first place at Hermes’ Dialogue 6.0 national debate on energy security hosted by BIMTECH.

    Read More....

  • Indian-origin scientist Deep Jariwala appointed as UT-ORNL Governor’s Chair for Quantum Devices effective January 2027.

    Read More....

  • India withdrew its bid to host the COP33 climate summit scheduled for 2028.

    Read More....

  • Meta launches Muse Spark, a new lightweight AI model focused on complex reasoning and efficiency.

    Read More....

  • Uttarakhand High Court stays felling of oak trees in Mussoorie for construction purposes.

    Read More....

  • UAE becomes world’s first nation to launch commercial upper 6GHz internet network with 10 Gbps speeds.

    Read More....

  • World Homoeopathy Day observed on April 10 with 2026 theme “Homoeopathy for Sustainable Health”.

    Read More....

  • Digital lending firm KreditBee becomes a unicorn after raising $280 million at $1.5 billion valuation.

    Read More....

  • Doordarshan signs MoU with ICCR to promote Indian cultural content globally through multi-platform broadcast.

    Read More....

  • Indian Railways to introduce modern composite sleepers and AI-based Ground Penetration Radar for track monitoring.

    Read More....