The diversification of battery technology is necessary for the rapidly growing Indian energy storage market; SIBs can lead to this diversification
Dialogues for climate action have accelerated in India. The country is strengthening its policies for climate action and emerging as a global leader, whether by keeping energy transition as one of the four high priority agendas in the Union Budget 2022 or setting ambitious targets at the 26th Conference of Parties to decarbonise the economy.
The Indian off-grid energy storage market is expected to expand exponentially as the country aims to fulfil 50 per cent of its energy demands from renewable sources by 2030, resulting in high demand for storage batteries.
DG Innovate plc (LON:DGI) is an advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and the best engineering and scientific practices. DGI is currently developing its products alongside a number of major manufacturers across the transportation and energy sectors, research institutions and the UK Government and has filed 18 patents worldwide.