Financing India’s battery network future: A catalyst for sustainable growth
- Posted on March 7, 2025
- By Financial Express
- 4 Views
Financing India’s battery network future: A catalyst for sustainable growth
India has set a target of having 50% of its energy from non-fossil fuel sources by 2030, requiring a capacity of 500 GW. To achieve this, 47GW of battery storage is needed by 2030 and 2042-3100 GW by 2050. This will help store renewable energy and regulate grid frequency.
