Current status of solid-state energy storage in india

What is the total installed capacity of energy storage in India?

By March 2024, the country’s cumulative installed energy storage capacity reached 219.1 MWh (~111.7 MW). Solar photovoltaic (PV) and battery energy storage systems (PV + BESS) comprised 90.6% of the total installed capacity.

What is India's battery energy storage system (BESS) capacity?

India’s cumulative installed Battery Energy Storage System (BESS) capacity is 219.1 Megawatt-hours (MWh). Chhattisgarh (Highest BESS capacity) accounts for 54.8% of cumulative installed capacity. Solar photovoltaic (PV) systems, combined with BESS, accounted for 90.6% of total installed capacity.

How big is India's battery energy storage system?

According to Mercom India Research’s report, India’s total Battery Energy Storage System (BESS) capacity reached 219.1 MWh as of March 2024.

Will India increase energy storage capacity by fy32?

India is set for a substantial expansion in energy storage capacity, with projections suggesting a 12-fold increase to approximately 60 GW by FY32, according to an SBI report. This growth will outpace the anticipated renewable energy (RE) generation rise.

What is India's energy storage policy?

Looking forward, the Indian government intends to propose a comprehensive policy on energy storage in the power sector. The policy will focus on regulatory, financial, taxation, demand management, and technological aspects to speed up the implementation of storage capacity.

How India is promoting the adoption of energy storage systems?

India has begun to invest in energy storage and develop policy to support the development of battery storage. The Ministry of Power in India has taken a significant step in promoting the adoption of energy storage systems (ESS) by introducing an Energy Storage Obligation (ESO) alongside the Renewable Purchase Obligation (RPO).