Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]
High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […]
Okaya Power Group, a world class battery and inverter manufacturing company has received the most distinguished “Emerging Energy Storage Company of the Year” award from India Energy Storage Alliance (IESA). IESA, which is a leading body aimed at making energy storage sector in India more competitive and efficient, bestowed the esteemed award upon Okaya for […]
“For India to successfully move away from fossil-fuel dependence oil companies should become the energy companies of the future,” he said. There should be no road tax for electric vehicles (EVs) and green permit should also be issued for EVs, said Amitabh Kant, Chief Executive Officer, NITI Aayog. Speaking at the Make in India session […]
Solar power with its inherent limitation of being available only during day time and the influence of weather conditions, has made batteries an integral part for all PV systems. Increasing solar power injection makes grid stability and management issues a concern. As India is moving rapidly towards an energy and transportation transition, the need to […]
The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […]
As the world is advancing in shifting from fossil based energy to renewable energy India too is aspiring for the same. To match the pace, India would however need a strong and sustainable energy storage industry. Right from the electric vehicles to grid applications and telecom sector to solar storage, some of the major energy […]
Q. What are your thoughts about Li-ion battery future in India? Manufacturing of new technology batteries is at a nascent stage in India. There are no Li-ion cell manufactures in India but several companies like EXCIOM, ACME, Delta, Coslight and Future hi tech batteries have established Li-ion assembly plant in India. At least five major […]
Q. With all automobile companies helming towards Electric Vehicles, demand for energy and suitable ecosystem is the initial glitch, how is IESA working to outpace these snags? India has a significant market potential for batteries and electric vehicles. Our analysis projects the EV market potential for India would be around 77 million between now […]
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