India is likely to become the world’s third-largest market for utility-scale batteries by 2030 with capacity additions projected to accelerate considerably over the next seven years to reach nearly 9 GW, supported by cost reductions, according to a report by IEA (International Energy Agency).Also read: India adds 24 GW of solar PV manufacturing capacity in 2023: ReportSolar PV plus battery storage is already more cost-competitive than coal in India, a trend expected to continue. The…
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