India sees battery cell, solar PV manufacturing as ‘Champion Sectors’ of national self-reliance

Share on linkedin
LinkedIn
Share on twitter
Twitter
Share on reddit
Reddit
Share on facebook
Facebook
Share on email
Email
Tata Power, AES and Mitsubishi inaugurated India’s first grid-scale lithium-ion ESS in early 2019. IESA believes the latest support measures could help establish global hubs for energy storage and electric vehicle (EV) technologies in India by 2022. Image: Tata Power.

The government of India has announced measures to promote new “Champion Sectors” of economic growth, including support incentives for advanced battery cell and solar PV manufacturing.

Finance Minister Nirmala Sitharaman announced a series of measures on 16 May, including structural reforms, aimed at boosting a number of sectors for growth. Those measures included “policy simplification” in various sectors that could increase transparency and fast track investments.

While environmental groups are unlikely to be pleased that the eight sectors discussed by minister Sitharaman included coal mining and aviation, a government press release said that “incentive schemes for promotion of new champion sectors will be launched in sectors such as solar PV manufacturing, advanced battery cell storage etc”.

Trade association, the India Energy Storage Alliance (IESA), welcomed the move as well as noting that the government is currently separately also evaluating a 50GWh advanced cell chemistry (ACC) manufacturing proposal from its innovation department NITI Aayog, which would see a number of gigafactories of 5GWh to 20GWh capacity built in the country. NITI Aayog also wants to see assistance given to the upstream industry including materials suppliers in the form of a customs duty matrix and relaxation on import duties.

IESA said NITI Aayog Public-private partnership consultant, Aman Hans, who is secretary of the ACC Battery Storage Programme, had explained that the government’s plans to incentivise battery production under the ‘Self-Reliant India’ policies focused on those ACC batteries and the desire to reduce have reliance on imports of cells.

“With the announcement of the inclusion of advanced cell battery storage in the 'Champion Sector' and anticipated cabinet approval of the Gigafactory mission, we look forward to India becoming a global hub for R&D, manufacturing and adoption of advanced energy storage and EV technologies by 2022,” India Energy Storage Alliance president Dr Rahul Walawalkar said.

Read Next

May 20, 2022
Trina Storage has formed a partnership with solar inverter manufacturer Power Electronics to jointly deploy battery storage.
May 19, 2022
Co-located storage is growing as a proportion of the UK market with 7.2GW of projects in the pipeline, but structuring deals and offtake agreements presents a complex challenge according to an expert source.
May 18, 2022
Study conducted by the Massachusetts Institute of Technology Energy Initiative has found energy storage can be a key enabler for the clean energy transition.  
May 18, 2022
Construction has begun on a major hybrid renewable energy and storage plant in Andhra Pradesh, India.
May 17, 2022
Duke Energy’s carbon reduction plan for its Carolina businesses includes proposals for a “significant growth” in energy storage deployments.

Most Popular

Email Newsletter