Cumulative energy storage system installations in India’s commercial and industrial sector are forecasted to increase dramatically from under 1 GWh in 2025 to between 23 and 31 GWh by 2032. This surge is attributed to factors such as escalating electricity tariffs, the need for reliable power, the swift adoption of renewable energy, cost optimization demands, and India’s ambitious decarbonization objectives. The India Energy Storage Alliance (IESA) and Customized Energy Solutions (CES) highlighted these projections in a recent report.
The report, to be presented at the 12th India Energy Storage Week 2026 from July 8–10, 2026, at Yashobhoomi (IICC), emphasizes the pivotal role of the C&I energy storage market in India’s energy landscape. The event, India Energy Storage Week (IESW) 2026, will serve as a global platform for clean energy transition, bringing together various sectors like e-mobility, battery manufacturing, recycling, stationary storage, and green hydrogen.
Stakeholders in the energy sector are urged to transition from reactive power management to proactive energy leadership, as stated by Debmalya Sen, President of IESA. The report outlines two growth scenarios: a Business-as-Usual path projecting ESS to reach 22-23 GWh by 2032, and a Rapid Adoption scenario envisioning installations to potentially reach 31 GWh with market-friendly reforms and technological advancements.
Vinayak Walimbe, Managing Director of CES, emphasized that with regulatory clarity, established business models, and advanced storage technologies, C&I consumers can now make informed decisions that drive both cost savings and sustainability in the energy sector.
