The International Finance Corporation (IFC) will loan IR4.6 billion (US$55 million) to infrastructure investor IndiGrid for a standalone battery storage project in Gujarat, India.
Energy storage is essential to capture solar and wind generation, Karnataka’s energy minister said, at the opening of the ‘first fully automated’ battery storage factory in India.
India’s Ministry of Power has significantly increased the size and scope of its Viability Gap Funding (VGF) scheme to support battery storage projects.
India Energy Storage Alliance president Debmalya Sen takes a comprehensive look at national and regional efforts to promote and deploy much-needed energy storage capacity.
Electric utility and generation company Tata Power has received regulatory approval to deploy a centrally controlled battery storage system in Mumbai, India.
India’s first commercial regulated utility-scale battery storage project has gone into operation, and a new partnership claims it will establish local manufacturing in the country this year.
