India’s stored potential
- Admin
- Sep 17, 2024
- 1 min read
India has made significant progress in building a domestic PV supply chain with incentives and investments. Similar initiatives in the energy storage sector are creating a local ecosystem. The government aims to reduce import dependency by promoting domestic production of crucial minerals like lithium. The adoption of electric vehicles is rapidly increasing, leading to a growing demand for advanced battery technologies. Energy storage is becoming essential for integrating renewables and ensuring grid stability in India. The country has ambitious plans for green hydrogen production, aligning with its energy transition goals.
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