Industry leaders and research institutions join IESA

During past year, India has emerged as one of the best markets for advanced energy storage technologies with orders placed for over $300M for advanced Li-Ion batteries for telecom applications alone during 2013. India Energy StorageAlliance (IESA) is an industry alliance working to educate all stake holders in India about energy storage application and to provide a platform for manufacturers, regulators and other stake holders for transparent information exchange. Currently more than 25 companies and institutions are the member of this alliance.

 

IESA is excited to announce addition of Regen Powertech, Mitsubishi Heavy Industries (MHI), Gujarat Energy Research & Management Institute (GERMI) and The Energy and Resources Institute (TERI) as the latest members of IESA – Knowledge Partner Network. With the addition of these new members, IESA is focusing on renewable integration, microgrids and opportunities for C&I customers.

During past year IESA has received tremendous response from various stakeholders and has a growing list of members that have joined IESA- Knowledge partner Network. In December 2013, the inaugural conference of IESA, Energy Storage India witnessed participation from over 300 delegates from 12 countries. Last year, IESA has compiled the most comprehensive assessment of market potential for energy storage and microgrid technologies in India for 2013-2020. This assessment takes into consideration the current opportunities as well as detailed overview of various growth scenarios and key government initiatives such as National Solar Mission and national Electric Mobility Mission. Our initial estimates suggest a 15-20 GW market potential for energy storage technologies for applications ranging from 5-10 kW for distributed telecom towers or residential backup systems to MW scale systems for C&I applications or even larger systems for renewable integration and ancillary services.

We welcome all the stakeholders to join this platform to fuel this effort of energy storage to make India self-dependent in Energy. IESA is working hard with regulators, policy makers and state and central governments to make suitable policy framework to boost energy storage sector in India.