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21 Feb
09:01

Japan to subsidise battery factory investments

Japan's Ministry of Economy, Trade, and Industry (METI) plans to sponsor one-third of capital investment in storage battery factories based on the Act on Promotion of Economic Security, Kallanish learns from Nikkei's Japanese edition.  The country plans to ensure a domestic annual battery production capacity of 150 gigawatt-hours by 2030, which will be seven to eight times the current production capacity. That would be enough to power a…
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