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COP29 Targets 1,500 GW Energy Storage by 2030

Last Update 16 September 2024

At COP29 in November, a draft proposal called the Global Green Energy Storage Pledge aims to boost Global Energy Storage Capacity to 1,500 GW by 2030, up from 230 GW. Supported by the G7, it calls for annual increases of 158 GW and promotes new Battery Technologies and recycling standards. Battery costs have dropped significantly, but concerns about supply and further price reductions remain.

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Foundation laid for 630 MW solar project in MP's Chhatarpur district.

Adani Total Gas initiates production at a biogas plant in Uttar Pradesh

Coal Production from captive & commercial coal mines escaleted by 35% in Apr-Jun

ATF price reduced by 4%, and commercial LPG rate lowered by ₹1.5 per cylinder
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