Solar power is leading India’s transition to renewables
India solar scale-up must include storage
Solar is the best option for India’s transition, but deployment of battery storage is needed to maximise its potential, industry figures tell event in New Delhi
Solar power represents the best option for India to hit its ambitious renewable energy targets for the end of this decade, but it will need to be paired with battery storage to maximise its potential as a round-the-clock energy source, industry figures told a BloombergNEF conference in New Delhi on Wednesday. “There is no doubt as far as India is concerned that solar is the clear-cut winner as of today. Looking forward, I think solar is going to really occupy most of the installations,” said Gurdeep Singh, chairman and managing director of state-owned power utility NTPC. “Solar is definitely going to be a very important source of energy,” added Anil Chalamalasetty, founder and CEO of dispatc
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
