India Launches Giga-Scale Battery Manufacturing Program With Subsidies To Boost Grid Energy Storage
India has launched a giga-scale battery manufacturing plan under the National Program on Advanced Chemistry Cell (ACC) Battery Storage, offering subsidies to companies that set up large-scale domestic facilities, News18 reported.The scheme is designed to reduce import dependence, strengthen energy security, and support the rapid expansion of renewable energy by mandating localisation milestones
India has launched a giga-scale battery manufacturing plan under the National Program on Advanced Chemistry Cell (ACC) Battery Storage, offering subsidies to companies that set up large-scale domestic facilities, News18 reported.The scheme is designed to reduce import dependence, strengthen energy security, and support the rapid expansion of renewable energy by mandating localisation milestones
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