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Home > News > Industry News > India promotes local energy st.....


India promotes local energy storage diversification

  • Source:the Internet
  • Release on:2019-04-11

According to the Indian Economic Times, the Modi government agreed to implement the "change movement" on March 7.Battery storageNational Mission on Transformative Mobility and Battery Storage, which promotes clean, connected, shared, and sustainable mobile power recommendations. Together, the Modi government also agreed to the National Phased Manufacturing Program to support India's large-scale, export-oriented competitive Jiwa-class battery manufacturing enterprise develops and promotes the localization of the Indian electric vehicle industry chain. Both of these plans are implemented for five years and will be implemented until 2024.

In order to cooperate with the implementation of the Giva battery production plan, the Indian Battery Energy Storage National Plan will focus on large-scale components and packaging assembly plants in the fiscal year 2019-2020, and will start integrated battery production from the fiscal year 2021-2022. The National Transitional Council of India leads the Indian Battery Energy Storage National Plan, the Indian Ministry of Road Transport and Highways, the Ministry of Power, the Ministry of New and Renewable Power, the Ministry of Science and Technology, the Ministry of Heavy Industry, the Ministry of Industry and Internal Trade, and the Industry Standards Bureau. The formulation and implementation of the national battery energy storage development policy strategy.

According to IndiaEnergy storageThe Alliance (IESA) has speculated that India is forming a huge demand for electric vehicles and has huge market potential in battery storage. By 2025, the Indian power storage market will grow to more than 300 GWh. The Indian Energy Storage Alliance is the first to propose the Moving onwards with Vehicle Electrification (MOVE) initiative to promote the collaboration between electric vehicle manufacturers and battery charging infrastructure companies to improve the production capacity of electric vehicle parts. The head of the Indian Energy Storage Alliance indicated that there are more than 10 companies engaged in the production of battery energy storage equipment components and lithium battery assembly in India. It is expected that 4-5 large companies will enter the battery manufacturing operation in the next 2-3 years. Appropriate policy support from the government will promote the diversification of energy storage projects in Indian companies. After India's national production plan, India's hometown company will be able to manufacture battery energy storage products such as China, Australia, Germany, the United States, Taiwan and South Korea. Big countries compete.

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