UK bets on India’s renewables potential
UK-based Faradion’s plans to set up a manufacturing base for its sodium-ion batteries for electric mobility, energy storage and mobile applications marks a major win for Make in India. Highlights: UK’s Faradion recently announced plans for an initial 1GW capacity sodium-ion manufacturing base in India. The UK has since become a key green finance partner for India’s renewables mission, including a partner country on a series of India-led initiatives like the ISA. India and the UK also committed £240 million of anchor capital in the Green Growth Equity Fund. There is a decisive shift in [...]