India’s utility-scale standalone energy storage market at ‘critical inflection point’
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Standalone energy storage systems account for 64% of utility-scale tendering activity in first quarter of 2025
Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.
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