Breaking Through with Batteries
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India's renewable energy growth had run headlong into a stubborn problem. Solar and wind capacity were expanding fast, but progress on battery storage, an essential part of any large-scale renewable energy system, had stalled. The issue wasn't the technology itself — everyone knew large battery systems were the next piece of the puzzle — it was the technology's financial viability. The industry still needed solid evidence that battery storage was a bankable solution.
Global Energy Alliance saw that as a solvable problem. Working with local partners, they stepped in as a first mover, providing a $9.7 million concessional loan to kick-start India's first standalone utility-scale battery energy storage system. Today, the Kilokari substation in New Delhi supplies reliable power to more than 100,000 people, at prices approximately 50% lower than the national benchmark, and provides critical backup power to essential services, including a local hospital and police station. The battery energy storage system is estimated to prevent 1.8 million tonnes of carbon emissions — the equivalent of taking 20,000 cars off the road.
The Kilokari installment has become a template for success. By proving that battery storage is deployable, financeable, and cost-competitive, utilities and governments have the confidence to invest, with the pipeline in India alone showing an estimated $5-6 billion in anticipated investment. Globally, more than 8,000 megawatts of battery storage are in development, including in Malawi, Vietnam, and Barbados.
BESS is more than simply a technology advancement. It’s a cutting-edge solution that makes electricity cleaner and more reliable, affordable and available when people actually need it, especially in fast-growing, resource constrained markets.


