The Government of India has approved the PM Surya Ghar: Muft Bijli Yojana on 29th February, 2024 to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27.
Battery energy storage (BES) technology is a vital part of the transition to renewable energy and net zero carbon. BES systems store energy from renewable sources like wind and solar, and release it when needed.
Battery type:
Lithium-ion batteries are the most common type of battery used for BES, and are generally considered to have the longest lifespan.
BES systems are made up of rechargeable batteries, a control system, a power conditioning system, and a protection system.
New battery chemistries are being developed to offer greater stability, density, and shelf life.
These systems combine solar energy with other renewable sources like wind or hydropower.
A transition from centralized energy storage to a more flexible and portable distributed form of energy storage.
The integration of solar energy storage systems with smart grids allows for real-time monitoring and control of energy flow.