India’s energy demand is set to double by 2019, according to Piyush Goyal, India’s minister for power, coal and renewable energy.
“It’s a huge investment opportunity of nearly $250 billion over the next four to five years, including$100 billion in renewables and $50 billion in transmission and distribution. In recent remarks, Minister Goyal said that the Power Ministry would look to energy storage resources to provide electricity to rural India. “We will ensure that solar power generation will touch 100 GW by 2019. Pilot projects have been set up to ensure that every house in tribal and remote areas gets electricity, and we will use large-scale storage technologies to provide power.” Minister Goyal has also said that the country “will be a renewables superpower” – and it’s been proven that energy storage goes hand-in-hand with wind and solar.
