India energy storage installations

What is India's energy storage capacity?

India has installed a cumulative battery energy storage system (BESS) capacity of 219.1 MWh/111.7 MW as of March 2024. Of the installed capacity, 120 MWh/40 MW was added in the first quarter of 2024, according to Mercom India’s new report India’s Energy Storage Landscape.

How big is India's battery energy storage system?

According to Mercom India Research’s report, India’s total Battery Energy Storage System (BESS) capacity reached 219.1 MWh as of March 2024.

How much energy storage is added in India in 2024?

Of the installed capacity, 120 MWh/40 MW was added in the first quarter of 2024, according to Mercom India’s new report India’s Energy Storage Landscape. Solar PV systems combined with battery energy storage systems accounted for 90.6% of the total installed BESS capacity, as per the report.

Will India add a battery energy storage system by 2027?

The recently released Mercom report expects India to add 1.6 GWh of standalone battery energy storage systems and 9.7 GW of renewable projects plus energy storage by 2027. India has installed a cumulative battery energy storage system (BESS) capacity of 219.1 MWh/111.7 MW as of March 2024.

When did India start adding energy storage capacity?

India began adding energy storage capacity in 2013 with small pilot projects. By March 2024, the country’s cumulative installed energy storage capacity reached 219.1 MWh (~111.7 MW), with 120 MWh (40 MW) added in the first quarter of 2024 alone.

Is India's energy storage landscape based on solar PV projects?

The research and analysis firm, a subsidiary of Texas, US-headquartered Mercom Capital Group, wrote in its new report, ‘India’s Energy Storage Landscape’, that 90.6% of those deployed systems are paired with solar PV projects.