Browsing: REGIONAL

India’s energy storage market is expanding rapidly alongside renewable capacity additions, but supply chain dependence on imported battery components continues to shape policy risk. A proposed Approved List of Battery Manufacturers framework signals a shift toward tighter control over vendor eligibility in government-backed projects, aligning industrial policy with energy security objectives.

Vietnam’s rapid expansion of renewable energy capacity has outpaced the development of grid flexibility, increasing the urgency for large-scale storage solutions to stabilize supply and demand. The inauguration of a new battery energy storage manufacturing facility by GG Power in Hung Yen province reflects a strategic shift toward domestic production of storage technologies to support this transition.