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Significant Developments in India’s Energy Storage Sector in 2022

Large-scale projects and new policies headlined the energy storage sector

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India’s energy storage sector witnessed significant developments in 2022, which included the government issuing guidelines for the use of batteries as part of the generation, transmission, and distribution assets, the results of a performance-linked incentive (PLI) program for manufacturing advanced chemistry cell facilities, and issue of major tenders.

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