Off-grid Energy Storage Market in India 2017 - 2021

Report forecast the off-grid energy storage market in India to grow at a CAGR of 15.17% during the period 2017-2021. Energy storage systems store surplus electricity that can be used during power shortages, blackouts, and peak hours of demand. Off-grid energy storage systems are decentralized structures designed for standalone power and help consumers in remote locations. These systems complement diesel generators or intermittent renewables sources by providing backup during low voltage or power outages.