Energy storage technologies are gaining recognition as the key enabler for key priorities for Indian policy makers such as smart cities, renewable integration and energy access.
Opportunities for energy storage
The Government of India has announced a series of initiatives that have a direct impact on opportunities for this sector. These include:
Enhancing the target for National Solar Mission from 20GW to 100GW
Accelerating wind energy adoption to 10GW/year
Plans to supply electricity 24/7 to all parts of India in five years
Launch of Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) for rural electrification
Plan to build 100 smart cities and over 1,000 microgrids [Engerati-Energy Storage: Missing Link for Microgrids, Smart Grids and Renewables in US & India.]
Creation of National Standing Committee on Energy Storage and Hybrid systems by Ministry of New and Renewable Energy.
2015 has been pinpointed as the year that will see the launch of and significant growth in grid scale advanced storage projects in India. Power Grid Corporation of India (PGCIL) pilot projects will be rolled out this year and there are a number of other megawatt scale projects that are expected to be selected for applications such as diesel replacement, renewable integration and microgrids. [Engerati-India Poised To Join Energy Storage Revolution.]
The ‘Make in India’ campaign, a major new national programme designed to transform India into a global manufacturing hub, is expected to help companies establish their base and extend their business operations in India.
Other applications like electric and hybrid vehicles are likely to be driven by initiatives like FAME India Scheme (Faster Adoption and Manufacturing of Hybrid and Electric vehicles in India). Under this scheme, incentives are being rolled out for electric and hybrid vehicles. The country’s aim is to put 6-7 million electric vehicles on the road by 2020.
At the recent ESA Annual Conference, held in Dallas Texas, US, many major foreign companies expressed an interest in investing in India. These companies are likely to partner with local Indian companies in order to benefit from the developing (and highly promising) market.
IESA grows its network
The India Energy Storage Alliance (IESA), a leading alliance in the energy storage market, is providing a platform for various stakeholders to boost and help the energy storage market grow.
During the past year IESA has received a tremendous response from various stakeholders and boasts a growing list of members that have joined the IESA network. Recently, leading lead acid battery manufacturers, EXIDE Industries and Amara Raja, and advanced lead acid manufacturer Firefly, joined IESA along with Plus, a thermal storage company, and Prayas (Energy Group), the leader in policy advocacy in the energy sector.
Amara Raja with its brand Amaron is the largest selling automotive battery brand in India currently. Amara Raja Batteries is looking at expanding its product portfolio, including applications in solar, electric vehicle and defence, to reach the top slot in the battery industry in both the industrial and automotive sectors.
Exide Industries is a large storage battery-producing company in India which focuses mainly on automotive and industrial lead-acid batteries. The company manufactures a wide range of storage batteries from 2.5Ah to 20,400Ah capacity, covering the broadest spectrum of applications like defence, telecom, marine, etc.
Firefly Battery Private Ltd. (FBPL) is a company at Ahmedabad, Gujarat, incorporated to manufacture top quality batteries using Microcell Carbon foam® technology from the US. FBPL has got the exclusive license from Firefly USA of Microcell Carbon Foam® Technology to manufacture and sell batteries in India and abroad. Firefly™ manufactures batteries for the power sector as well as applications including telecoms, UPS, oil and gas, generator starting and railways.
Pluss®, a global materials research and manufacturing company involved in the field of speciality polymeric additives and phase change materials (PCMs) for thermal energy storage, has seen tremendous growth.
Prayas Energy Group, working on a public interest paradigm of energy for development, focuses on renewable energy, electricity generation and supply, energy efficiency and energy resources and development. Prayas works alongside government officials and private companies when it comes to suggesting tariff policy, supply monitoring and decentralised renewable energy (DRE) mapping, etc.
With the association of these storage manufacturers, IESA hopes to tackle the country’s growing need for energy storage.