28
Jun
12:54
India studies $2.63 billion subsidies for battery storage projects
India’s government is reportedly preparing a new subsidy scheme worth 216 billion rupees ($2.63 billion) for firms manufacturing battery energy storage systems.
The Financial Times reported on Wednesday a draft proposal submitted by India’s power ministry seeks to introduce a production-linked incentive (PLI) subsidy scheme. It would allocate $2.63 billion between 2023 and 2030 for companies to set up 50 gigawatt-hours of battery cell manufacturing cap…
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Anonymous
Very good overview of the weekly steel market.
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