Battery energy storage system BESS
The state has therefore made BESS a thrust sector under its Viksit Gujarat Industrial Policy and is offering incentives to support investment,” Agarwal said.
This makes a combination of solar, wind and energy storage increasingly important,” said Shalini Agarwal (IAS), MD, Gujarat Urja Vikas Nigam Limited. “Gujarat is taking the lead in battery energy storage systems (BESS). The state has the highest solar rooftop capacity in the country and ranks second in solar capacity. As renewable energy grows, the need for firm and round-the-clock power will also increase. Solar is available only during solar hours, while wind generation fluctuates seasonally. “For Gujarat, as an industrial state with strong growth in commercial activity, both BESS and pumped storage will be focus areas. Pumped storage projects have longer implementation timelines, while battery storage can be deployed faster. You Can Also Check: Gold Rate in Ahmedabad | Silver Rate in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Ahmedabad AQI | Weather in Ahmedabad | Petrol Price in Ahmedabad | Diesel Price in Ahmedabad | CNG Price in Ahmedabad | LPG Price in Ahmedabad
Growing Demand for Energy Storage Amid Rising Solar Capacity
The demand for energy storage is increasing due to a combination of factors. Rising solar installations are contributing to higher energy generation during the day, which leads to increased curtailment of excess energy and greater demand for storage solutions to meet evening energy needs.
According to Raj Prabhu, CEO of Mercom Capital Group, the outlook for energy storage remains strong, with a substantial project pipeline. However, growth in this sector will hinge on several conditions: the pace at which tendered capacity transitions to auctions and awards, the presence of bankable contracts for projects, the reliability of grid infrastructure, the stability of supply chains, and the overall economics of the projects involved.