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New Energy Storage Investments in India
India will need 61 GW of energy storage by 2030 and 97 GW by 2032 to support clean energy capacity, a massive leap from today's 6 GW (mostly pumped hydro). Due to significant cost reductions, battery storage is anticipated to dominate the overall energy storage mix. 2bn funding push for carbon capture technologies. In the absence of its new international climate pledge under the Paris Agreement, the budget offers a glimpse into the key. .
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