India's battery energy storage push hits a viability wall
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India’s green energy transition faces trouble as battery storage projects struggle with unviable bids and contract cancellations.
- ✓Data from the India Energy Storage Alliance shows 24 GWh of projects were cancelled or re-tendered during 2018-2026.
- ✓Alok Kumar said, “Companies are still figuring out the technology,” as many projects remain uncertain.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Livemint
- Reading Speed
- 7 Minute(s)
- Market Focus
- India Economy
India's green energy transition is facing headwinds as efforts to support wind and solar power with battery storage falter, driven by aggressive bidding, project unviability, and widespread contract cancellations. Industry experts believe as much as one-third of the projects bid out so far could be unviable.
Battery energy storage systems (BESS) store solar and wind energy when it is produced for use later. To make variable renewable energy more reliable, the government has mandated BESS integration for all future solar and wind tenders.
However, data from the India Energy Storage Alliance (IESA), an industry body of battery makers, shows a total of 24 gigawatt hour (GWh) BESS projects were cancelled or re-tendered during 2018-2026, highlighting the challenges in transitioning to green power. The year-wise breakup of project scrapping or re-tendering was not available.
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