Energetica India Magazine March - April 2026

On the technology front, solutions have matured rapidly, with proven performance, higher efficiencies, and declining costs. Today, the bigger challenge lies in regulatory clarity and market design. In many regions, storage is still not fully recognised as a distinct asset class, which creates uncertainty around revenue streams and project approvals. Clear policies, long-term procurement frameworks, and well-defined market mechanisms are essential to unlock large-scale deployment. Financing is also a critical hurdle. While costs are falling, en - ergy storage projects remain capital-intensive, and investors often face uncertainty around returns due to evolving busi - ness models. Stable policy support and predictable revenue structures will improve bankability. Grid integration is equally important for energy storage. As storage systems scale, they must be seamlessly integrated into existing grid infrastructure. This requires updated grid codes, advanced energy management systems, and closer coordina- tion with transmission operators to fully utilise storage capa - bilities. Lastly, while technology is no longer the primary constraint, the pace of energy storage deployment will depend on how quickly regulatory frameworks, financial models, and grid systems evolve to support energy storage projects. Q What are Sungrow’s future plans in terms of new partner- ships or expansion? Savek Dubey: Sungrow’s future plans are strongly centred around global expansion, strategic partnerships, and contin - ued innovation in energy storage. A key priority is deepening partnerships with developers and utilities worldwide. For example, Sungrow has recently signed multiple large-scale agreements in Europe, including a 1 GWh framework deal with Delta Capacity and another 1 GWh project pipeline with ENEVO Group in Romania. Geographically, Sungrow is expanding its footprint across Eu - rope, the Middle East, Africa, and India. In emerging mar - kets, the company is not limited to supplying technology but is also investing in local manufacturing and long-term infra - structure. In India, Sungrow continues to build long-term partnerships with leading power companies while introducing new storage and inverter solutions specifically designed to address local grid needs. Another major focus area is scaling production and R&D in - vestment. The company is investing significantly to expand its global energy storage manufacturing capacity and strengthen its overseas operations, reflecting the growing importance of storage in its overall business. On the technology front, Sungrow is already planning ahead with next-generation platforms like PowerTitan 3.0 and more advanced AC block solutions, aimed at improving efficiency, modularity, and grid support capabilities. Overall, Sungrow’s strategy is to combine local partnerships, global expansion, and continuous innovation, positioning it - self not just as a technology provider but as a long-term part - ner in building large-scale, reliable energy storage ecosystems in India and worldwide. Q Can you tell us about Sungrow’s outlook for 2026 and 2030 for India? Savek Dubey: From Sungrow’s perspective, India represents one of the most dynamic markets for energy storage, and the outlook for 2026 and 2030 is particularly strong. By 2026, the focus will be on scaling up deployments and ex - ecuting large-scale projects. With government policies sup - porting renewable integration and storage mandates, India is expected to see a rapid increase in utility-scale battery installations. Sungrow will actively partner with local de - velopers and utilities to deliver projects that combine solar and storage, helping the grid manage peak demand and re - duce curtailment. This phase will be defined by practical im - plementation, localisation of supply chains, and accelerated commercial adoption. Looking toward 2030, energy storage will be central to In - dia’s energy transition. With India targeting increased renew - able energy capacity, large-scale storage will be essential to integrate high shares of solar and wind, ensure grid stabil - ity, and provide reliable 24/7 clean energy. Sungrow aims to support this shift through next-generation product solutions like modular, high-efficiency battery systems and advanced grid-support technologies, enabling deployments across the country. In a way, 2026 is about rapid execution and scaling projects, while 2030 is about enabling India’s grid to reliably operate with high renewable penetration, and Sungrow will position itself as a key partner in both phases. 26 energetica INDIA- Mar-Apr_2026 INTERVIEW