Distributed renewables, energy storage and microgrid controllers are set to play a bigger role as India looks to improve power generation, extend universal energy access, and achieve climate targets, according to Bloomberg New Energy Finance (BNEF).
Off-grid and grid-connected, distributed solar currently makes up just a small percentage of India’s generation capacity. But that’s changing as politicians look ahead to upcoming national elections in 2019, and solar, battery-based energy storage and microgrids gain increasing support for their substantial benefits.
While the trend is national, it is particularly notable in states such as Uttar Pradesh and Bihar, which are largely rural and make up what’s known as the Hindi Heartland, said BNEF’s Itamar Orlandi during a Nov. 23 webinar.
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