One of the major gaps in India’s renewable energy sector is getting plugged.
Despite the low prices and abundance of renewable energy sources, solar power still accounts for just 1.6% of the power generated in India. This is partly because of the transient nature of solar power. Since sunshine is intermittent, solar energy can only be generated during certain parts of the day. That makes storage facilities, which can bank this power for use when sunshine isn’t available, critical. Globally, and particularly in India, storage technology is still nascent and expensive. There’s been little progress in constructing utility-scale solar power plants with energy-storage facilities in India. Read More…
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