The Battery360 Alliance, a newly established multi-stakeholder organization, aims to enhance India’s efforts toward creating a resource-efficient, circular, and sustainable battery ecosystem. The initiative is supported by various esteemed organizations, including the International Institute for Sustainable Development (IISD), WRI India, UL Standards & Engagement, Indian Council for Research on International Economic Relations (ICRIER), Global Environment Facility (GEF), Asian Development Bank (ADB), and United Nations Environment Programme (UNEP).
India has set ambitious goals to construct 425 GW of renewable energy (RE) capacity by 2030 and ensuring that the sustainable use and disposal of lithium-ion batteries and their components is crucial for efficient resource management along the lithium-ion battery value chain.
Projections indicate a need for 600 GWh of batteries by 2030, with 128 GWh expected to come from recycled batteries. Establishing a circular battery ecosystem requires a coordinated and collaborative approach to address the environmental challenges posed by the lifecycle of lithium-ion batteries and capitalize on economic opportunities in the growing market.
As reported by manufacturingtodayindia.com, the alliance’s establishment marks a significant step toward fostering cross-sectoral partnerships and developing the emerging recycle and reuse ecosystem.
