New Energy Policy to Be Finalised Shortly
The centre is in the process of shortly finalising an energy policy for the country a senior official of the government think tank NITI Aayog informed at an energy storage event in New Delhi on Tuesday.
To avoid supply-demand mismatch, grid enhancement needs planning
Growth in storage solutions like batteries will facilitate 50 per cent of the global electricity supply from wind and solar by 2050,' predicts Shantanu Jaiswal, Head of India Research, Bloomberg NEF and one of the authors of New Energy Outlook (NEO) 2018 report.
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.
Expect the market to witness all-round growth
Delhi-based battery manufacturer Anshul Gupta, Director, Okaya Power says he is committed to launching products for the mass market. He feels that the ability to manufacture at full capacity, availability of low-interest loans and restrictions on cheap imports will provide a boost to the storage segment in India.