Report Highlights Need for BESS Cost Decline

26 Aug 2024 CW Team

A recent report emphasizes the critical need for a faster decline in the cost of Battery Energy Storage Systems (BESS) to effectively limit India's coal capacity by 2032. As India continues to push towards renewable energy adoption, the affordability and scalability of BESS technology are seen as vital to supporting this transition.

The report outlines that without significant reductions in BESS costs, India's dependency on coal could persist, complicating efforts to meet environmental goals and transition to a more sustainable energy mix. BESS plays a pivotal role in stabilizing the electricity grid by storing energy generated from renewable sources like solar and wind, thus ensuring a reliable power supply even when these sources are not producing electricity.

By reducing BESS costs, the integration of renewable energy into the grid can be accelerated, reducing the need for coal-fired power plants. The report suggests that achieving this cost decline will require concerted efforts from both the government and the private sector, including increased investments in technology development, manufacturing, and supportive policy frameworks.

The findings underscore the importance of strategic planning and innovation in energy storage to meet India's ambitious climate goals. A successful transition to a lower coal capacity by 2032 would not only contribute to global climate efforts but also enhance India's energy security and economic resilience.

This report serves as a call to action for stakeholders to prioritize the development and deployment of cost-effective BESS solutions, which are essential for enabling a cleaner, more sustainable energy future for India.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..