India’s renewable energy growth plans are closely tied to energy storage to mitigate the intermittency of renewable sources as the country strives to meet the rising round-the-clock (RTC) clean energy demand.
India installed a record 10 GW of solar in the first nine months of 2022 alone, bringing the cumulative capacity up to 60 GW. The country also has a cumulative wind energy installation of ~42 GW as of September 2022.
The energy storage systems perform the dual role of storing and supplying RTC power and maintaining grid stability by ensuring controlled power injection into the grid.
Although energy storage in India is still in the early stages of development, storage sector stakeholders are optimistic about the way forward and expect the government’s support for the rapid adoption of storage systems.Harendra Tomar, Leader of Business Development at Sungrow, said,…
Energy Storage Sector Upbeat For 2023 Despite Cost, Supply Chain Challenges
