India will have 125 GWh of lithium batteries ready for recycling by 2030 – pv magazine Australia

India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030. July 25, 2022 pv magazine The smelting process to recover valuable materials from lithium batteries, at Umicore’s recycling plant in Hoboken, Belgium.Image: UmicoreFrom pv magazine IndiaA new report by NITI Aayog estimates India’s overall lithium battery storage requirement to be around 600 GWh for the period 2021-30. The report considered annual requirement across grid, consumer electronics, behind-the-meter (BTM), and electric vehicle applications to arrive at the cumulative demand.The recycling volume coming from the deployment of these batteries will be 125 GWh for 2021–30. Out of this, almost 58 GWh will be from electric vehicles segment alone, with a total volume of…

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