India Sanctioned Energy Storage Projects Worth ₹115 Million in Last 4 Years


India Sanctioned Energy Storage Projects Worth ₹115 Million in Last 4 Years

India is now working toward a National Energy Storage Mission (NESM) to keep pace with the changing dynamics of the energy market. As energy storage projects are almost negligible in India, efforts have been made to tender and auction solar and wind capacity along with battery energy storage in the country.

Energy storage is one of the most crucial and critical components missing in India’s energy infrastructure strategy and is crucial to sustain India’s transformation from fossil fuels to renewables.

Key areas for energy storage application include integrating renewable energy with distribution and transmission grids, setting rural micro-grids with diversified loads or standalone systems and developing the storage component of electric mobility plans.

Responding to a question in the Lok Sabha, Minister for Power, R.K. Singh stated, “According to the Solar Energy Corporation of India (SECI), Read More

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