The incorporation of energy storage systems is vital as it helps to mitigate the volatility of electricity supply, and demand, and reinforce the integration of renewable energy sources into the grid.

With growing concerns about global warming, the adoption of renewable energy sources is on the rise. However, the capacity to generate solar and wind power is contingent on environmental conditions. Therefore, proper energy storage systems are needed to deal with the volatility and ensure a constant supply of energy. Grid storage lithium-ion batteries provide dependable energy capture systems. Hydropower-pumped storage is regarded as one of the oldest and most efficient large-scale energy storage options. It stores water in reservoirs using surplus electricity, which can later be utilized in generating power when required. There is also a rise in the adoption of modern flow batteries, Compressed Air Energy Storage (CAES), and hydrogen-based storage solutions.

The aforementioned points highlight the increasing need for energy solutions, presenting opportunities for businesses focusing on energy management, grid modernization, and battery production.

Sansadhan™ acts as a holistic marketplace for businesses in power generation harnessing new advancements in renewable energy for researching energy storage systems, connecting to battery producers, and inviting innovations in grid fortification and integration of renewables.