India is working on next-generation energy storage systems and cutting-edge solar cell technology as part of its plan to create a completely integrated domestic supply chain. Pralhad Joshi, the Union Minister for New and Renewable Energy, stated on Wednesday.
“In solar manufacturing, we are developing some of the world’s most advanced high-efficiency cells, such as TOPCon – Tunnel Oxide Passivated Contact. Our research institutes are developing and improving the Perovskite technology, refining it for practical applications. This is all part of our grand vision for a fully integrated Swadeshi supply chain, says Joshi
The minister said Indian companies are working on new storage technologies. “To store this power, our companies are leading the way on next-generation energy storage, working on safer and more affordable sodium-ion batteries,” he added.
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"I also call on climate funds and international investors to come forward. One of the safest and most alluring locations for green finance is the Indian renewable energy sector, which offers rewards that are not only monetary but also social and environmental.
Joshi continued, "By working together, we can make sure that India's clean energy boom becomes an example of excellence showing how innovation, sustainability, and responsible leadership can push the globe ahead."
By 2030, India hopes to have 500 GW of installed non-fossil capacity, having already surpassed 250 GW. Sodium-ion batteries and other energy storage technologies are seen to be essential for facilitating a greater share of renewable energy sources in the grid.
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