Apart from this, Reliance Industries Ltd has recently announced plans to set up an Energy Storage Giga factory while state-owned NTPC Ltd has floated a global tender for grid-scale battery storage project. This is in addition to the Ministry of New and Renewable Energy supporting a broad-based Research and Development Programme on energy storage. Toyota plans to be the first company to sell an EV equipped with a solid-state battery and will unveil a prototype this year. # QuantumScape’s solid-state battery: Californian battery start-up QuantumScape Corp. is being seen as another extremely bright prospect. At Penn State’s Battery and Energy Storage Technology Center, a team of researchers developed the new battery.

Source: Indian Express August 08, 2021 21:53 UTC