Insights on the Indian BESS market by Debmalya Sen

In this episode, Our guest speaker Debmalya Sen discusses the rapid development of India’s battery storage sector, despite starting late. India currently has a small installed capacity of 2 GWh but is targeting 200 GWh by 2030 to support its renewable energy goals. The government has introduced policies and incentives, such as energy storage obligations and waivers, to accelerate the industry. While India has made significant strides in electric mobility, particularly with two- and three-wheelers, challenges remain in areas like charging infrastructure and maximizing revenue from battery applications. India’s efficient tendering process can serve as a model for other regions, but further investment in research and talent development is needed.