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India approves major energy storage and critical minerals schemes
- On November 4, the Indian Union Cabinet approved two major initiatives with a combined financial outlay of over 1.8 million dollars to scale up grid storage and build domestic critical mineral processing capabilities.
- The proposed energy storage capacity will comprise 30 gigawatt-hours of battery storage, 60 gigawatt-hours of pumped storage and 2 gigawatt-hours dedicated to emerging energy storage technologies.
- The initiatives also cover 24 identified critical minerals, supporting the creation of domestic refining and processing plants including two lithium processing plants and two nickel…
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