Spotlight on supply chain as India’s BESS demand soars
India is demonstrating ambition in developing a domestic supply chain for battery systems, but it is still at an early stage. Crisil analyst Sehul Bhatt argues that for India’s energy storage industry to emulate the country’s success in PV module manufacturing, multiple areas require attention, including research and development.
Establishing a robust domestic supply chain for battery energy storage systems (BESS) is crucial for realizing India’s target of 500 GW of non-fossil fuel installed generation capacity by 2030.While BESS adoption is on the rise, scaling up will require significant investments of time, resources and further policy support across the supply chain.The Central Electricity Authority …
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