Energy Storage News•3 days ago
‘Collaboration, not isolation’: India’s path to becoming a global energy storage supply hub
Key Takeaway
India's strategic push for energy storage manufacturing through partnerships could diversify global supply chains and impact equipment costs for developers and large consumers.
AI Summary
- •India aims to become a global hub for battery manufacturing and energy storage, emphasizing strategic partnerships.
- •This initiative could diversify global battery supply chains, potentially impacting equipment availability and costs for developers and large power consumers.
- •The focus on 'collaboration' suggests a supportive policy and regulatory environment in India for fostering domestic manufacturing and international joint ventures.
- •For developers and large loads, this signals a potential new source for energy storage solutions, offering opportunities for procurement and supply chain diversification.
Topics
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