Honeywell commissions India's first on-grid solar BESS to support Lakshadweep's renewable energy push
Notable because
It is expected to save INR 250 crore, reduce diesel consumption by 19.8 million litres, and avoid 58,000 tonnes of carbon emissions over its lifetime.
The project is part of SECI’s Lakshadweep decarbonisation project and will be integrated with the island's microgrid.
Overall, RE generation in India grew by 9.5% in FY24. The deployment of energy storage technologies is critical to balancing intermittency in RE generation and ensuring grid stability on a national level as well.
What to look out for in the months ahead
Last year, the Union Cabinet approved a viability gap funding (VGF) scheme for battery energy storage systems (BESS), targeted at achieving a lower levelised cost of storage (LCoS). What other complementary policy measures will we see in the coming months?
Will this improve the deployment of storage systems across diverse geographic regions in India? Will the commissioning of this project pave the way for more such projects?