Energy Storage for Renewable Energy Integration in India (StoREin) Kick-Off
India's renewable energy journey is gaining momentum, aiming for an ambitious target of 50% non-fossil fuel capacity by 2030. With projections foreseeing a surge to 2380 GWh of storage capacity by 2047, energy storage systems stand as a key enabler for larger renewable energy integration and grid stability.
To facilitate this transition, the Indo-German project ‘Energy Storage for Renewable Energy Integration in India (StoREin) under IKI (BMWK) was kicked off. The project is jointly implemented by GIZ and the projects partner Ministry of New and Renewable Energy (MNRE) and a consortium of Fraunhofer IEE, IIT Bombay, TERI and WRI India. It aims to enhance the viability of Energy Storage Systems at a grid scale level in India. The launch was in Delhi in the presence of representatives from MNRE, BMWK, IKI, GIZ and the projects consortium. During the event, the participants exchanged ideas on the project goals, how to foster collaboration among stakeholders and discussed the pivotal role of Energy Storage in India's energy landscape.
By focusing on the policy and regulatory landscape, demonstration projects, technical analysis, and research networks, the project will contribute to SDG 7, ensuring access to affordable, reliable, sustainable, and modern energy for all. Under the project’s engagement in capacity building and awareness-raising, a focus is laid on SDG 5, achieving gender equality, and empowering all women and girls. The StoREin project contributes to GIZ’s commitment of promoting a clean and fair renewable energy transition in India, in line with the objectives of the Green and Sustainable Development Partnership (GSDP) signed between India and Germany.
For more information please contact Mr. Bernhard Voelcker, bernhard.voelcker(at)giz.de.