The Energy Storage Leap: Fluence Takes Aim at Indian Market Leadership!

Fluence is aggressively targeting leadership in India's burgeoning energy storage market by focusing on local manufacturing. The company, in partnership with ReNew Power, aims to localize its products by the end of 2024. While battery manufacturing may take longer, Fluence plans to make India a supply base for its global energy storage needs. This strategic move aligns with India's ambitious renewable energy goals and positions Fluence to capitalize on the market's projected growth to 27 GW by 2030.

 

Source: Mercom India