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March 07,2025

Battery Storage a new hope in RE integration: India

Energy storage is projected to grow 5x between 2026 and 2032 with an estimated investment of `4.79 lakh crore ($55 billion) by 2032. This is needed to facilitate the injection of growing variable renewable energy (VRE) into the Indian grid, estimated to rise from the current 200 GW to 500 GW capacity by 2030.

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