
The report stated that India's growing electricity demand and rapid addition of variable renewable energy (VRE) sources are increasing the need for storage solutions to maintain a stable, resilient and cost-effective electricity grid.
India will require more than 60 GW of energy storage capacity by 2030, with nearly 42 GW expected to come from battery energy storage systems (BESS), as electricity demand and renewable energy integration continue to rise, according to a joint report by All I…