Power is one of the mostcritical components of infrastructure crucial for the economic growth andwelfare of nations. The existence and development of adequate infrastructure isessential for sustained growth of the Indian economy. Indian power sector isundergoing a significant change that has redefined the industry outlook.Sustained economic growth continues to drive electricity demand in India. TheGovernment of India’s focus on attaining ‘Power for all’ has acceleratedcapacity addition in the country.
India is both densely populatedand has high solar insolation, providing an ideal combination for Solar Powerin India. Power is the lifeline of any development of the nation. Solar poweris growing at such a rate that it had its hottest year for growth in thehistory of solar power, and the future still looks bright. Rising demand forelectricity and increasing renewable penetration are driving a need for moreenergy storage.