Micro grids most economical for providing electricity
Panasonic has been working in the energy storage solution space in India since 2012-13. On a year-on-year basis, our energy storage business in India has been growing at a rate of 45-50 per cent.
Elecrama 2018 was not merely an exhibition. It reflected the industry sentiment. Looking at the numbers- Rs 65 billion of business queries generated, footfall of around 298,000 and 1,200 exhibitors-it seems all is well with the power sector.
Storage to the Rescue
India has been witnessing an increase in renewable power installed over the last few years. Globally India is the fastest growing electricity sector, and with increase in penetration of renewable energy sources into the distribution system, it has become indispensable to incorporate large scale integration of energy storage, which gives us the flexibility to quickly ramp up supply.
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