India Expands Energy Storage Capacity to 219 MWh by March 2024
As of the first quarter of 2024, India added 120 MWh (approximately 40 MW) of new BESS capacity, with solar photovoltaic systems combined with BESS accounting for a dominant 90.6 percent of the installed capacity.
July 11, 2024. By News Bureau
It may be noted that India embarked on enhancing energy storage capabilities with initial pilot projects in 2013, and continues to ramp up its infrastructure to meet escalating energy demands.
According to a report, India is on track to add 1.6 GWh of standalone battery energy storage systems and integrate 9.7 GW of renewable energy projects with energy storage by 2027. The surge in capacity underscores India's commitment to enhancing grid flexibility and stability amidst a rapid expansion in renewable energy sources.
As of the first quarter of 2024, India added 120 MWh (approximately 40 MW) of new BESS capacity, with solar photovoltaic systems combined with BESS accounting for a dominant 90.6% of the installed capacity. Chhattisgarh leads the states with the highest BESS installations, comprising 54.8% of the cumulative capacity.
Moreover, the Central Electricity Authority (CEA) reports that India's operational pumped hydro storage capacity stood at 3.3 GW as of March 2024, with substantial capacities concentrated in Telangana and West Bengal. Additionally, Rajasthan emerges as a key region for standalone BESS development, buoyed by favorable state policies and energy storage mandates.
Going forward, India has issued tenders for a total of 57 GW and auctioned 11.5 GW of energy storage projects, demonstrating a robust commitment to expand its energy storage infrastructure. These initiatives are expected to play a pivotal role in optimizing the utilization of renewable energy resources across the country.
please contact: contact@energetica-india.net.
Maurits van Tol
CEO - Catalyst Technologies
Driving Net Zero: How Johnson Matthey is Pioneering Sustainable Solutions Worldwide
Sharat Goyal
Founder
Impact Infracap Bridges Market Gaps for Key Renewable Energy Components
Pashu Gopalan
President & CEO
The Future of Distributed Solar in India: Market Potential, Growth, and Fenice Energy’s Role
Udit Garg
Director & CEO
India's Energy Security: A Multi-Faceted Challenge and Opportunity
Sangram Singh
Ecofy
Ecofy Enables Faster Renewable Energy Adoption with Smart Green Loans