India’s Energy Landscape Set To Transform With Solar PV & Battery Storage: IEA

India’s Energy Landscape Set To Transform With Solar PV & Battery Storage: IEA

New Delhi, Apr 30 (KNN) According to a report by the International Energy Agency (IEA), India is poised to become the world’s third-largest market for utility-scale batteries by 2030, with capacity additions projected to skyrocket to nearly 9 GW over the next seven years.

This remarkable growth is fuelled by cost reductions and the government’s ambitious targets for renewable energy integration.

The report highlights that the combination of solar photovoltaic (PV) and battery…
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Source: https://knnindia.co.in/news/newsdetails/sectors/indias-energy-landscape-set-to-transform-with-solar-pv-battery-storage-iea