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With over 3,000+ Participants from 70+ Countries and 100+ speakers from 30+ countries the conference is set to become the world’s largest energy storage gatherings World Energy Storage Day (WESD) Global Virtual Conference & Expo
A key point of discussion, currently, in India''s renewable energy sector is the new targets announced at COP26 for installing 500 GW of non-fossil fuel energy capacity and sourcing 50 per cent of energy requirement
India Energy Storage Alliance (IESA) and Bhubaneswar City Knowledge Innovation Cluster (BCKIC) Foundation, Bhubaneswar, Odisha, have signed a MoU to enhance knowledge sharing and foster innovation in the fields of cleantech, critical minerals, and energy
New Delhi: India''s energy storage sector is likely to see investments worth over ₹2,000 crore in the India Energy Storage Week 2024 next month.
The event will be held on July 1-5 in the national capital.
The India Energy Storage Week is an annual event organized by the India Energy Storage Alliance (IESA), an industry body, to garner investments and highlight developments in green technology, renewable energy, and energy storage.
Addressing a press conference, Debi Prasad Dash, executive director, IESA said domestic as well as international investors are expected commit over ₹2,000 crore to boost manufacturing in the energy storage sector in India.
He said the investments would go towards manufacturing and recycling lithium-ion batteries used in electric vehicles. Dash said investments are also expected in the electric vehicles (EV) and green hydrogen sectors.
The investments into energy storage will push India closer to fulfilling its target of over 81 gigawatt-hours (GWh) by 2026-27, as stated by the Central Electricity Authority in its National Electricity Plan (NEP) 2023.
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