India and China to focus on Pumped Storage projects based on the cost competitiveness of solar and wind power with battery storage
The world’s top energy guzzlers — India and China — will increase the use of pumped storage solutions in their power mix compared to other Asia-Pacific (APAC) countries such as Japan.
“We expect Australia, China and India will enhance the use of battery storage in their power systems at a faster pace than the other APAC countries,” Moody’s Investor Service said in a report on Wednesday.
Source: PTI
