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Solar+Storage: What are the Key Emerging Business Trends in India?

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Solar+Storage: What are the Key Emerging Business Trends in India?

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Author: Parleen Kaur, SolarQuarter

According to Mr. K.R. Harinarayan, Founder and CEO, U-Solar Clean Energy Solutions Pvt. Ltd: “Solar is definitely a great solution as there are innovative ways to transfer the energy from peak-hours to non-peak hours using this technology. The only disadvantage of solar is that it is a fluctuating source of energy, due to various deterrents. As batteries are becoming cheaper it plays a more holistic role with respect to energy security and power quality assurance when integrated with solar. The trend in solar + storage adoption is increasing as a result of technology advancement and a steady decrease in battery costs. Additionally, solar + storage solutions overcome the grid penetration issues in transmission corridors by creating distributed energy sources and by matching energy generation requirements.”

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