India Energy Storage Alliance (IESA) successfully concluded its flagship annual event: Stationary Energy Storage India (SESI)-2021 on April 8. The day-long conference & virtual expo brought policymakers, senior corporate executives, researchers, and entrepreneurs on a single platform to deliberate on the roadmap and outlook for stationary energy storage in India and the market landscape for the future. The event was supported by the Indo-German Energy Forum (IGEF). The event was attended by 300+ delegates.

This year at SESI, IESA and National Solar Energy Federation of India (NSEFI) also announced a joint task force on solar-plus-storage. The partnership aims to work on policy advocacy with the State and the Central government, information dissemination and creating useful reports and analysis on the solar plus storage sector in India.

Please find below excerpts from the eminent dignitaries and industry pioneers.

Ghanshyam Prasad, Joint Secretary, Ministry of Power (MoP) 

• The focus of our efforts should be consumers. We must ask what the appetite of these consumers is, the DISCOMs, this should be kept in mind. That is really the balancing that is required.
• There is a lot of scope of stationary energy storage at a small-scale and distribution-level and if India is able to plan it, there will be huge savings and huge potential for storage.

Jatindra Nath Swain, Managing Director, Solar Energy Corporation of India (SECI)

• If we undertake financial engineering, this sector can become really attractive.
• We have to look at how we can bring down the cost, risk of (energy storage projects), whether we can think of reducing equity components in these projects. These aspects have to be explored.