Our team is hard at work curating an agenda for the 2025 Summit.
If you would like to present a case study or be part of a panel session at our Energy Storage Summit India, then please get in touch with the team today.
India’s energy storage landscape is experiencing unprecedented momentum, with Q1 2025 alone witnessing tenders for 9.5GW of utility-scale Energy Storage Systems (ESS) – surpassing the entire capacity tendered throughout 2024. Notably, standalone systems account for nearly two-thirds (64%) of these tenders, signaling a significant shift in deployment strategy. The government’s expanded Viability Gap Funding (VGF) scheme has emerged as a critical catalyst for this growth. Following the substantial decline in battery prices, the scheme has dramatically increased its support for Battery Energy Storage Systems (BESS) from an initial 4,000 MWh to an ambitious 13,200 MWh. This expansion offers developers up to 30% capital cost subsidy, capped at ₹4.6 million per MWh, fundamentally transforming project economics across the sector.
The energy storage landscape is undergoing a dramatic transformation, with battery prices plummeting 31% between 2022 and 2024. This steep decline is rapidly enhancing the economic viability of Battery Energy Storage Systems (BESS), with forecasts indicating further cost reductions from $95/kWh in FY 2025 to $68/kWh by FY 2030. Particularly noteworthy is the lithium-ion battery segment, where pack prices experienced their most significant annual decrease since 2017, falling 20% to reach $115/kWh in 2024.
As this cost revolution unfolds, it creates both opportunities and strategic imperatives for India’s emerging battery manufacturing ecosystem.
If you would like to speak on this presentation, please contact daniele.moreschi@informa.com for the gold package rates today.
India’s energy storage sector is transitioning from pilot projects to large-scale commercial deployment, driven by the rapid rise of renewable energy and evolving grid requirements. How far along is the market in terms of installed capacity, pipeline projects, and regulatory readiness?
If you would like to speak on this presentation, please contact daniele.moreschi@informa.com for the bronze package rates today.
Tariffs have plummeted from ₹1.08 million (~$12,570)/MW/month in 2022 to a mere ₹221,000 (~$2,550)/MW/month in recent tenders. This precipitous 40% decline compared to non-VGF projects represents not just a pricing adjustment but a fundamental market realignment that could accelerate India’s energy transition timeline. Reduced import duties create more favourable CAPEX environment, potentially unlocking a new wave of investment in a sector previously constrained by economic viability concerns.
Six Tables, Six Scenarios, Your Solutions
In this interactive session, delegates will be grouped and assigned one of six future scenarios shaping Asia’s role in the global energy storage supply chain. Each group will analyze the scenario and design a strategic response- covering local manufacturing, trade policies, materials security, and technology choices. Groups will then present back to the room, offering insight into how the region can remain resilient across multiple possible futures.
Group Output- Each group answers:
Scenario 1- Resource Crunch in India
Global prices for lithium, nickel, and cobalt have spiked. New environmental regulations have slowed mining permits, and material nationalism is rising. Indonesia has restricted nickel exports; Australia is prioritizing domestic supply.
Challenge: How can your country secure reliable, ethical raw material access? What’s the backup plan if prices don’t stabilize?
Scenario 2- Oversupply Shock
Gigafactories across Asia are running at 60% capacity. Regional competition has driven prices down, but many manufacturers are now struggling to survive. Margins are razor-thin and innovation is stagnating.
Challenge: How can your company differentiate? Should you consolidate, innovate, or shift focus to services, recycling, or next-gen chemistries?
Scenario 3- Local Content Laws & Regional Protectionism
New “Made-in-Asia” mandates require BESS developers to source 60–80% of battery components locally. Meanwhile, India, Vietnam, and Thailand have different compliance frameworks—fragmenting the regional market.
Challenge: Map out a localization plan: which parts of the value chain will you prioritize for domestic development, and what alliances do you need to build?
Scenario 4- The Tech Disruption (Sodium-ion & Flow Break Through)
Sodium-ion and iron-air technologies have become cost-competitive with lithium-ion for long-duration storage. But patents are held by only a few firms, mostly in China and Europe.
Challenge: Do you license, build your own tech, or leapfrog with local innovation? What R&D, skills, and investment shifts are required?
Scenario 5- Carbon Border Taxes Reshape Exports
The EU and U.S. now impose carbon tariffs on imported batteries with high upstream emissions. Asian manufacturers must prove full lifecycle carbon performance to remain competitive.
Challenge: Design a “green supply chain” strategy: how do you decarbonize your supply chain quickly and credibly to maintain export access?
Scenario 6
China has redirected 40% of its battery production to domestic use and Belt & Road markets, tightening exports to Southeast Asia. This has caused a regional BESS shortage and raised project costs.
Challenge: Can your region fill the gap? What manufacturing, storage, and policy strategies must be accelerated to reduce reliance on exported resources?
The Indian Battery Energy Storage System (BESS) market stands at the cusp of extraordinary growth, with projections indicating an expansion from ₹650 billion (USD 7.8 billion) in 2024 to a remarkable ₹2.67 trillion (USD 32 billion) by 2030. This represents a robust Compound Annual Growth Rate (CAGR) of 27% during the 2025-2030 period, creating unprecedented opportunities for investors, developers, and financial institutions across the energy storage value chain. As this market quadruples in size over the next six years, innovative financing structures will be essential to unlock capital at scale and accelerate deployment across utility, commercial, and industrial applications. The evolution of these financial mechanisms will fundamentally shape India’s energy transition landscape and determine which stakeholders capture value in this rapidly expanding sector.
If you would like to speak on this presentation, please contact daniele.moreschi@informa.com for the silver package rates today.
With supply chain security and domestic manufacturing becoming strategic imperatives, nations around the world are racing to establish local battery supply ecosystems. This panel will compare how long it has taken leading markets such as China, the U.S., and Europe, to build domestic capacity across mining, cell manufacturing, and recycling. What lessons can India draw from their experiences, and what unique pathways can the country carve out to reduce dependence on imports and become a global battery hub?
If you would like to speak on this presentation, please contact daniele.moreschi@informa.com for the bronze package rates today.
How effectively can the batteries and other energy storage systems originally designed for peak shaving also serve real-time applications like demand-side management (DSM) or frequency response?
How can companies, universities, and policymakers can collaborate to develop a robust talent pipeline?