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Battery PLI: The participation of the South Korean company is notable because a similarly named Hyundai Global Motors had got sops for setting up a 20 gigawatt hour (GWh) capacity in the earlier PLI auction round for ACC batteries, held in January 2022. It was eventually concluded that this was a case of impersonation and that Hyundai Global Motors had used fake documentation while bidding.
Children, young people, and adults across England suffering from sickle cell disease will soon benefit from better care closer to where they live, following the announcement of a £1.5m investment in 25 red blood cell exchange devices. Funding for the Spectra Optia(R) Apheresis System devices has been distributed ...
“The pre-bid meeting was conducted in preparation for the upcoming global tender seeking bids for the establishment of giga-scale Advanced Chemistry Cell (ACC) manufacturing facilities, cumulatively amounting to 10 GWh capacity,” an official statement said.
In 2022, the Centre had awarded PLI support for setting up 30 GWh of ACC battery manufacturing capacity by 2030. Ola Cell Technologies won the lions share with 20 GWh capacity in their kitty. ACC Energy Storage (bid as Rajesh Exports) and Reliance New Energy Battery Storage were awarded incentives for 5 GWh each. The government expects PLI incentives will help these three players set up GWh of battery manufacturing capacity.
In 2022, the Centre had awarded PLI support for setting up 30 GWh of ACC battery manufacturing capacity by 2030. Ola Cell Technologies won the lions share with 20 GWh capacity in their kitty. ACC Energy Storage (bid as Rajesh Exports) and Reliance New Energy Battery Storage were awarded incentives for 5 GWh each. The government expects PLI incentives will help these three players set up GWh of battery manufacturing capacity.