Overview of Renewables & Storage in India
Drastic de-carbonizing existing energy systems by investing in Renewable Energy Systems including Solar at an unprecedented scale and pace is required to address global warming.
Top growing renewable markets propose to be integrated into the grid, diesel optimization, solar rooftop, distribution utility storage. The stationary energy storage market in India is expected to grow at a CAGR of about 8 percent during 2020-27, according to a report by India Energy Storage Alliance (IESA).
India has a target of 175 GW of renewables by 2022. As the country transitions more towards renewable energy sources, it is becoming imperative to ensure grid stability. One of the solutions for a balanced grid is energy storage batteries. The 100 MW capacity power reserve, runs on a lithium-ion battery.
The report, the latest edition of IESA’s Stationary Energy Storage Market Overview, has taken 2019 as the base year for the estimation and the forecast period. In 2019, the market size shrunk to 21 GWh from 24GWh, primarily due to lower sales in the larger markets such as telecom and inverter batteries in 2018. India Energy Storage Alliance expects 6.1% annual domestic market growth by 2026.
(Source: Energy storage news by IESA).
In this context, The Trade and Economic Missions Mumbai and Bangalore in cooperation with India Energy Storage Alliance (IESA) and the Israel Export Institute are organizing a webinar on “New Energy Tech: Renewables & Storage”.
The event features Dr. Yael Barash Harman, Head of Technologies & Renewable Energies, Ministry of Energy, Israel who will be the keynote speaker, and Dr. Rahul Walawalkar, President and MD, CES (India) & President, India Energy Storage Alliance, would be presenting on behalf of IESA.
Please join us on Wednesday, 20 January 2021 from 2:30 pm – 4 pm IST for an interactive Webinar. The registration is free of charge.
2:30 – 2:40 pm Introduction Sagi Itcher, Israel Trade Mission in Mumbai
Ms. Noa Aharoni, Israel Export Institute
2:40 pm Presenting IESA – Dr. Rahul Walawalkar, President & MD CES (India), President; India Energy Storage Alliance
2:50 pm Keynotes: Renewables in Israel – Dr. Yael Barash Harman, Head of Technologies & Renewable Energies, Ministry of Energy, Israel
3:05 pm Presentations from 6 Israeli Energy Tech companies:
3:35 pm Open Q&A
We will arrange B2B meetings with Israeli companies post this webinar on participant’s requests.
Interested kindly register and for any clarifications, please contact Ms. Veshala Gajaraj, Trade Officer at the Israel Consulate in Bangalore. Email: email@example.com Phone: +91-80-49406517.