Energy Storage and Financial Institutions
Finding the right investor is the most important thing for technology developers trying to scale-up their technology. In India VC market is under developed. Many VCs act mainly like PEs, however in recent times there are few significant investments from VC into renewable companies. Macro-economic conditions are still not very conducive to fund raising. Stock performance of few handful storage companies which are public does not help in building investor confidence. However storage companies are trying to differentiate themselves by either concentrating on specific product offering for targeted industries or by focusing on specific component in storage value chain. Building strong pipeline of projects is the key to attract investments in the company. VCs and financial institutions in India who are interested in renewable energy and smart grid will be watching developments in energy storage space.
IESA KPN brings the latest advancements in Energy Storage from around the world to India. Specific storage solutions are assessed for their suitability and long term relevance, taking into account the local conditions for a sustainable growth. IESA also has an active dialogue with the concerned state and central statutory bodies in terms of policy regulations and framework to make the overall roadmap conducive and become future ready.Join IESA Membership