Despite a good talent pool, India lacks R&D in battery cells manufacturing
In an interview with POWER TODAY, Dr Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), recommends that India must actively pursue bilateral agreements with rare Earth-rich nations, besides exploring such materials on its own territory to successfully meet the requirements of the emerging energy storage industry.
Energy storage market to touch 70 GW by 2022
The market for energy storage in the south Asia region is dominated by India. As per estimates, India could attract investments in the energy storage devices manufacturing to a tune of $6 billion in the short-term. The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW, according to India Energy Storage Alliance (IESA).
Advertise Here [300 W x 250 H pixels]