India Accelerates Battery Storage to Support Renewable Energy Expansion

Country's rapid growth in wind and solar power demands significant increase in energy storage capacity.

India's lithium ion battery storage industry currently represents just 0.1% of global capacity but is growing rapidly.
Experts estimate India needs up to 148 gigawatts of energy storage by 2032 to meet its energy demands.
Major Indian businesses are investing heavily in battery storage, with significant projects announced in Gujarat and Jammu and Kashmir.
Government policies and subsidies are crucial to leveling the playing field between coal and renewable energy storage.
India's energy demand is rising sharply due to population growth and increased use of air conditioning driven by climate change.