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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.

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.

With increase in share of renewables in the distribution system, it has become indispensable to incorporate large scale integration of energy storage, which gives flexibility to quickly ramp up supply in case the need arises.

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.

Manish Sharma has been promoted to the position of Executive Officer of Panasonic Corporation and President And CEO of Panasonic India And South Asia, from his most recent role as Managing Director, India. He is the first Indian and the youngest ever to become an executive officer of the corporation.

Panasonic India and AES India Private Limited announced an agreement to construct a 10 MW energy storage array at Panasonics Technopark manufacturing facility in Jhajjar, Haryana.

Hiren Shah, Head - Energy Business, Panasonic India, speaks to Devarajan Mahadevan on the Japanese giant´s innovative and sustainable practices and the company´s plans to use India as an incubator for the latest technologies.