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India ‘poised for $3bn energy storage investment’

Wed, 11/29/2017 - 12:56 -- Xuan Zhong
India ‘poised for $3bn energy storage investment’

India’s expanding energy storage market is poised to attract more than $3 billion in new investments over the next three years, according to a new study by the India Energy Storage Alliance (IESA).

The IESA said the bulk of the investment is expected to go into setting up two to four Gigafactories for the manufacture of advanced lithium-ion batteries.

 

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