Are battery energy storage systems right for India?

But India’s evolving electricity landscape has created an environment where battery energy storage systems (BESS) can earn strong returns from power exchanges, while offering critical system-level support to the grid. Batteries are increasingly recognised as the multitool of the power sector transition.

Can battery energy storage help India achieve a 50% non-fossil installed capacity?

India’s clean energy transition is accelerating, with ambitious goals of achieving 50% non-fossil installed capacity by 2030. This vision cannot succeed without large-scale energy storage. Battery Energy Storage Systems (BESS) provide the crucial flexibility: they capture excess solar and wind power when available and release it when needed.

Is battery energy storage the linchpin of India's renewable future?

Battery Energy Storage is the linchpin of India’s renewable future. From raw material security to AI-driven smart grids, every element of the ecosystem is evolving. With Amara Raja and startups at the forefront, and strong policy support, India is poised not just to adopt but to lead the global BESS revolution by 2035.

Does India need energy storage?

Image: Narendra Modi via X/Twitter. India’s ambitious drive for renewable energy has accelerated the need for energy storage, but there are many factors to success, writes Charith Konda of the Institute for Energy Economics and Financial Analysis (IEEFA).

What role do batteries play in India's power sector?

This is the first report in a two-part series exploring the growing role of batteries in India’s power sector. Part 1 – Batteries for power markets examines merchant battery models – where batteries operate without fixed contracts, participating in wholesale day-ahead markets and delivering essential grid services.

Is battery storage a bankable asset in India?

Battery storage in India has moved from a promising technology to a fully bankable grid asset. A significant drop in battery costs and widening wholesale-price spreads mean a well-operated system can cover its expenses and still deliver attractive profits.