December 31

India looking at $40 billion investment to boost battery manufacturing capacity

first_img FacebookTwitterLinkedInEmailPrint分享ET Energy World:The government is considering a plan to establish battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives, an official said. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will be asked to bid for setting up plants in the selected states.The proposal is expected to entail investments of $40 billion in the next two-three years and is likely to garner interest from global battery manufacturing firms and renewable energy players such as SoftBank, Tesla and Panasonic, a government official said.The Centre is working on fiscal and non-fiscal measures to enable states to set up manufacturing units as competitive as those in China. Bids will be judged on the basis of land, incentives, power tariff discounts and regulatory and industrial support. Plants have to be competitive so that exports are commercially viable.The large-scale battery manufacturing proposal is aimed at making storage systems competitive in India so electric vehicle adoption becomes more viable. Batteries and battery cells are imported from the likes of China and the US. With plans to add 175 GW renewable energy generation capacity by 2022 and ensure that 30% of India’s vehicles are electrically powered by 2030, the demand for battery storage is pegged at 300 GW.“The Centre is exploring opportunities on how to make battery manufacturing at giga-scale happen quickly and in the shortest possible time because that is the crux of the entire growth, be it electric vehicles or new and renewable energy sources,” the government official said.“The industry needs to have confidence to come forward, as there is huge requirement of battery storage,” said another official. “Even for just the FAME-II targets of e-vehicles, we will require 70 GW batteries in the next three years. A company that starts making them here can become a global leader rather than looking up to countries such as Vietnam, Korea or China.” The official urged India to first make batteries before moving on to cells.More: Centre to invite bids for 40GW battery plants India looking at $40 billion investment to boost battery manufacturing capacitylast_img read more

December 16

Hofstra Student Charged With Manslaughter for Girlfriend’s Fatal Heroin OD

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York An Islip Terrace teenager has been indicted on manslaughter and other charges for allegedly injecting his 19-year-old girlfriend with heroin, causing her to fatally overdose six months ago, Nassau County prosecutors said.Joseph Joudah, 19, was charged with second-degree manslaughter, criminally negligent homicide, criminal injection of a narcotic drug, reckless endangerment, criminal possession of a controlled substance and criminally possessing a hypodermic instrument.Prosecutors said Joudah accompanied his girlfriend and Hofstra University classmate, Olivia McClellan, to her dorm room, where he allegedly injected McClellan with heroin into her left hand at 6:30 p.m. on April 1.Joudah knew that McClellan had taken a legally obtained prescription medicine and that she had once attempted suicide by taking heroin, authorities said. Despite this knowledge, when McClellan’s eyes rolled back, she had difficulty breathing and her legs shook uncontrollably, he allegedly took heroin himself and then left, according to investigators.The next day, when McClellan did not respond to Joudah’s texts and calls, he anonymously called campus security, which responded to McClellan’s dorm, where officers found her dead in her bed, prosecutors said. Autopsy results showed McClellan died of a heroin overdose.Nassau police and prosecutors then launched a joint investigation that resulted in the indictment.Judge Angelo Delligatti set bail for Joudah at $10,000 bond or $5,000 cash. If convicted, he faces a up to 15 years in prison. He is due back in court on Nov. 23.last_img read more