India Energy Storage Alliance

Der strategy specialist energy security board esb dr gustav h.

India energy storage alliance. Various stakeholders includes battery manufacturer renewable companies solar wind power electronics inverter pcs bms microgrids smart grids electric vehicles research institutions engineering. The energy storage market in india to be usd 2 8 billion in 2018 and forecasted to grow at a cagr of 6 1 percent by 2026 said india energy storage alliance iesa report. Energy storage is the holy grail of modern electricity grid and distributed generation. At a global web interface with various stakeholders india energy storage alliance iesa called for a special focus on building local manufacturing capacity for energy storage.

Out of 70 gw over 35 gw of demand is expected from newer applications like solar integration or electric vehicles hence there is a sizable opportunity for advanced storage. On the 4th world. The india energy storage alliance iesa has estimated over 70 gw and 200 gwh of energy storage opportunity in india by 2022 which is one of the highest in the world. As per the iesa s 5th edition of india stationary energy storage market report the total annual mwh addition in 2018 hit 24 4 gwh.

Beerel vice president of market development customized energy solutions japan. The india energy storage alliance iesa is a membership driven alliance on energy storage includes electrochemical batteries mechanical storage fuel cell etc focused on india market. Co founder ceo v flow tech. Executive director india energy storage alliance iesa dr avishek kumar.