In Short : Union Power Minister Manohar Lal emphasized that energy storage systems are crucial for achieving India’s clean energy goals. He highlighted the need for battery and pumped storage to stabilize renewable power supply. With targets like 500 GW of renewables by 2030, the government is backing storage through viability gap funding and transmission incentives […]
Energy storage sector to attract Rs 4.79 trn investment by 2032: IESA – EQ
In Short : India’s energy storage sector is set to attract ₹4.79 lakh crore investment by 2032, says IESA. Storage needs will surge from 16 GW in 2026 to nearly 74 GW by 2032, supporting renewable integration and grid stability. Backed by government incentives and state targets, the sector is poised to play a key […]
IESA to host 4th SESI 2024 in New Delhi to drive energy storage for renewables, grid, rooftop solar, and decarbonize C&I sector – EQ
In Short : IESA will host the 4th International Conference on Stationary Energy Storage India (SESI) 2024 in New Delhi. The event aims to drive energy storage for renewables, grid electricity, rooftop solar, and decarbonize the commercial and industrial sector. In Detail : IESA will host the 4th Edition of the International Conference on Stationary […]
Electric vehicle market in India expected to hit 63 lakh units per annum mark by 2027: IESA
“In the base case scenario, the EV market is expected to grow at CAGR of 44 per cent between 2020-2027 and is expected to hit 6.34-million-unit annual sales by 2027,” the IESA report said. The electric vehicle (EV) market in India is expected to hit over 63 lakh unit mark per annum by 2027, according […]
IESA, UNIDO tie up to boost energy storage innovations in India
UNIDO launched the 4th round of innovation challenge to support and encourage new innovations in Indian energy storage and e-mobility space. New Delhi : The India Energy Storage Alliance (IESA) and United Nations Industrial Development Organization have joined hands to promote innovations in energy storage in India. On November 1, the Facility of Low Carbon […]
IESA seeks policy measures to boost energy storage
During a conference on the occasion of the 4th World Energy Storage Day on Tuesday, IESA also highlighted the huge employment opportunity presented by India’s energy storage space New Delhi : The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant […]
Energy storage, EVs boosted by India Budget
India’s newly appointed finance minister, Nirmala Sitharaman, has unveiled the country’s full-year budget that discussed support for lithium battery and electric vehicle (EV) manufacturing, as well as a focus on solar charging infrastructure for EVs. The budget runs up to 31 March 2020, following prime minister Narendra Modi’s recent thumping victory in the world’s largest […]