Analysis and Development of Battery Storage Market in India

[Introduction] With the rapid development of domestic battery energy storage market, more and more manufacturers have joined in the battery energy storage field, making the industry competition increasingly fierce. Chinese enterprises urgently need to explore a new market overseas. [Method] By colle...

Full description

Bibliographic Details
Main Authors: Chuanping ZHONG, Shenzhan LIU, Wenli WU, Qijun LI, Chaolou GAO
Format: Article
Language:English
Published: Energy Observer Magazine Co., Ltd. 2022-12-01
Series:南方能源建设
Subjects:
Online Access:https://www.energychina.press/en/article/doi/10.16516/j.gedi.issn2095-8676.2022.04.011
_version_ 1797857804382371840
author Chuanping ZHONG
Shenzhan LIU
Wenli WU
Qijun LI
Chaolou GAO
author_facet Chuanping ZHONG
Shenzhan LIU
Wenli WU
Qijun LI
Chaolou GAO
author_sort Chuanping ZHONG
collection DOAJ
description [Introduction] With the rapid development of domestic battery energy storage market, more and more manufacturers have joined in the battery energy storage field, making the industry competition increasingly fierce. Chinese enterprises urgently need to explore a new market overseas. [Method] By collecting, sorting and analyzing the data of India's wind power and photovoltaic power industry, the capacity of its supporting battery energy storage market was calculated, the development status of its battery energy storage market, the bidding requirements of energy storage projects, and the advantages of Chinese enterprises were analyzed. [Result] The results of calculation show that the battery energy storage market in India's wind power and photovoltaic industry has great potential, and Chinese enterprises benefit from the rapid development of domestic battery energy storage technology, and have great advantages in developing battery energy storage business in India, but also face great challenges. [Conclusion] The research results provide a reference for Chinese enterprises to develop battery storage business in India.
first_indexed 2024-04-09T21:02:44Z
format Article
id doaj.art-2310da019e4847d680e69451fafbd15e
institution Directory Open Access Journal
issn 2095-8676
language English
last_indexed 2024-04-09T21:02:44Z
publishDate 2022-12-01
publisher Energy Observer Magazine Co., Ltd.
record_format Article
series 南方能源建设
spelling doaj.art-2310da019e4847d680e69451fafbd15e2023-03-29T05:55:57ZengEnergy Observer Magazine Co., Ltd.南方能源建设2095-86762022-12-0194879310.16516/j.gedi.issn2095-8676.2022.04.0112022-04-010Analysis and Development of Battery Storage Market in IndiaChuanping ZHONG0Shenzhan LIU1Wenli WU2Qijun LI3Chaolou GAO4PingGao Group Co., Ltd., Pingdingshan 467000, Henan, ChinaPingGao Group Co., Ltd., Pingdingshan 467000, Henan, ChinaPingGao Group Co., Ltd., Pingdingshan 467000, Henan, ChinaPingGao Group Co., Ltd., Pingdingshan 467000, Henan, ChinaPingGao Group Co., Ltd., Pingdingshan 467000, Henan, China[Introduction] With the rapid development of domestic battery energy storage market, more and more manufacturers have joined in the battery energy storage field, making the industry competition increasingly fierce. Chinese enterprises urgently need to explore a new market overseas. [Method] By collecting, sorting and analyzing the data of India's wind power and photovoltaic power industry, the capacity of its supporting battery energy storage market was calculated, the development status of its battery energy storage market, the bidding requirements of energy storage projects, and the advantages of Chinese enterprises were analyzed. [Result] The results of calculation show that the battery energy storage market in India's wind power and photovoltaic industry has great potential, and Chinese enterprises benefit from the rapid development of domestic battery energy storage technology, and have great advantages in developing battery energy storage business in India, but also face great challenges. [Conclusion] The research results provide a reference for Chinese enterprises to develop battery storage business in India.https://www.energychina.press/en/article/doi/10.16516/j.gedi.issn2095-8676.2022.04.011battery energy storagewind powerphotovoltaicmarket development
spellingShingle Chuanping ZHONG
Shenzhan LIU
Wenli WU
Qijun LI
Chaolou GAO
Analysis and Development of Battery Storage Market in India
南方能源建设
battery energy storage
wind power
photovoltaic
market development
title Analysis and Development of Battery Storage Market in India
title_full Analysis and Development of Battery Storage Market in India
title_fullStr Analysis and Development of Battery Storage Market in India
title_full_unstemmed Analysis and Development of Battery Storage Market in India
title_short Analysis and Development of Battery Storage Market in India
title_sort analysis and development of battery storage market in india
topic battery energy storage
wind power
photovoltaic
market development
url https://www.energychina.press/en/article/doi/10.16516/j.gedi.issn2095-8676.2022.04.011
work_keys_str_mv AT chuanpingzhong analysisanddevelopmentofbatterystoragemarketinindia
AT shenzhanliu analysisanddevelopmentofbatterystoragemarketinindia
AT wenliwu analysisanddevelopmentofbatterystoragemarketinindia
AT qijunli analysisanddevelopmentofbatterystoragemarketinindia
AT chaolougao analysisanddevelopmentofbatterystoragemarketinindia