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India’s government plans to offer 37.6 billion rupees (US$455.2 million) in incentives to companies setting up battery storage projects, totalling 4000MWh, as part of the country’s ambition to expand its renewable energy capacity to 500GW by 2030, according to Reuters sources.
India, which accounts for roughly 18% of the global population, aims to cut the cost of battery energy storage from the current Rs5.5-6.
India keen on Australia's critical minerals
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