Need to focus on grid-connected storage policy for investment in battery technology: Experts

Power sector experts Thursday stressed the need for announcing a 100 GW grid-connected storage programme that will help India attract investments in battery technology space.

The views came forth at a conference in the national capital.

The experts and industry players were on the same page for India taking lead over other countries in setting up storage manufacturing base in the country unlike solar modules wherein over 65 per cent of manufacturing is being done in China and other nations as per industry estimates.

“India is a country holding tremendous potential in the energy storage segment and an integrated storage policy by the government is of utmost importance.

“While we are talking about storage from grid stabilisation perspective and peak shifting for renewable energy, there is also the need to support e-mobility,” said Ved Mani Tiwari, CEO – Global Infrastructure, Sterlite Power

Read more: Business Standard