Commercial energy storage deployments in India to jump over 30 times by 2032
New Delhi, June 18
Cumulative energy storage system installations in India's commercial and industrial sector are projected to skyrocket over 30-fold from less than 1 GWh in 2025 to between 23 and 31 GWh by 2032, a statement said on Thursday.
The industry body India Energy Storage Alliance (IESA) industry and Customized Energy Solutions (CES) in a report, attributes the rapid increase to rising electricity tariffs, demand for reliable high‑quality power, rapid adoption of renewable energy, cost‑optimisation demands and India's ambitious decarbonisation goals.
The report will be showcased at 12th India Energy Storage Week 2026, scheduled for July 8-10, 2026, at Yashobhoomi (IICC), here.
India Energy Storage Week (IESW) 2026, a global platform for clean energy transition, will unite the entire value chain of e-mobility, battery manufacturing, recycling, stationary storage, and green hydrogen, the statement from IESA said.
The event will host over 200 exhibitors and more than 10,000 industry leaders from over 30 countries enabling high-impact networking, policy advocacy, and technical exchange.
"India's C&I energy storage market is at a pivotal moment. The sector is transitioning from backup and peak shaving to a strategic asset for energy optimisation, resilience, and decarbonisation. The insights from this report will help stakeholders shift from reactive power management to proactive energy leadership," said Debmalya Sen, President of IESA.
The report details two growth scenarios: a Business-as-Usual (BAU) path, with ESS reaching 22-23 GWh by 2032, and a Rapid Adoption (RA) scenario, in which market-friendly reforms and technological advances could propel installations to 31 GWh.
Vinayak Walimbe, Managing Director of CES said that C&I consumers can now make smarter, data-driven decisions that drive both cost savings and sustainability, with regulatory clarity, proven business models, and advanced storage technologies.
— IANS
Reader Comments
Impressive growth projections! The key will be ensuring these storage systems use Indian-made batteries to reduce import dependence. Also, what about safety standards for fire risks? Remember those battery fires in EVs last year. We need robust regulations alongside the rollout. Otherwise, great step towards energy independence. 🌞🔋
Decarbonisation goals are fine, but what about the cost for the common man? These storage systems are expensive. Will the benefits trickle down to residential consumers? Or will industrial users just get cheaper power while we pay more? Hope the government ensures equitable access. Still, good to see India leading in clean tech adoption. 👏
As an expat working in India's renewable sector, I've seen the potential first-hand. The 30x jump is ambitious but achievable if grid infrastructure keeps pace. India's C&I sector is smart to adopt storage for peak shaving. The IESW event sounds promising—hope it fosters real global partnerships. Exciting times! 🚀
Good to see India moving from backup power (like diesel gen sets) to clean storage. But I'm skeptical about the '31 GWh' rapid adoption forecast—policies in India often get delayed. Let's hope the government provides clear subsidies and fast-track approvals. Otherwise, it's just another report. 🤔📉
This is exactly what our industries need! Power cuts and voltage fluctuations are a nightmare for manufacturing units. Energy storage can stabilise supply and reduce costs. But the report mentions 'proactive energy leadership'—I hope local companies like Tata Power and Adani Green are leading this
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