India plans to study models for setting up integrated solar roof and battery storage systems
- India plans to study models deployed by global companies such as Tesla Inc. for setting up integrated solar roof and battery storage systems.
- As it seeks to accelerate its push to reduce dependence on costly oil imports.
Reasons for India’s efforts in this direction
- Country’s unfolding energy transition wherein the Clean Cooking Mission is looking to leverage rooftop solar and in-house battery infrastructure to provide uninterrupted electricity For cushioning energy supply shocks amplified by events such as the Russia-Ukraine war that has led global energy prices to rise sharply.
- Heavy dependence on imports: India imports 85% of its crude oil and 53% of gas requirements
- to cut India’s total projected carbon emission by 1 billion tonnes by 2030,
- to reduce the carbon intensity of the economy by less than 45% by the end of the decade
- shift towards solar energy as domestic cooking fuel will help in energy import substitution
- It will trim India’s hefty energy import bill
- It will promote the domestic solar industry
Govt. initiatives in this direction
- The FY23 union budget made an additional allocation of ₹19,500 crore for the marquee production linked incentive (PLI) scheme for manufacturing of high-efficiency solar modules.
- This is in addition to the ₹4,500 crore PLI scheme for solar photovoltaic modules
- Sustainable rooftop implementation of Solar transfiguration of India (SRISTI) scheme to promote rooftop solar power projects in india.
- Grid-Connected Rooftop Solar Scheme: To generate solar power by installing solar panels on the roof of the houses
- India's pledge, as part of the INDC at the Paris climate summit, to lower the emissions intensity of its GDP by 33 to 35 percent by 2030 compared to 2005 levels.
- To attain around 40% cumulative installed capacity from non-fossil fuel based energy resources by 2030, with the assistance of technology transfer and low-cost international investment, including from the Green Climate Fund.
- The formation of the International Solar Alliance (ISA) comprising more than 122 nations, the majority of which are sunshine countries that lie entirely or partially between the Tropics of Cancer and Capricorn, to promote solar energy.
- To collect more than US$ 1000 billion in investments required by 2030 for major solar energy deployment, and to pave the path for future technologies adapted to the demands.
- For the industry to reach its full potential, supportive policies and new technology techniques are required.
- The rapid development of a favourable battery manufacturing environment might solidify India's chance for revolutionary economic and industrial change in a key and rapidly rising global market.