Tesla is said to be considering establishing battery storage systems in India

Tesla has developed plans to manufacture and sell battery storage systems in India and has filed a petition to officials seeking incentives to create a facility, according to two individuals familiar with the project, as Elon Musk continues his drive into the nation. 

For weeks, Tesla has been in negotiations with Prime Minister Narendra Modi about establishing a new electric vehicle (EV) plant in India to produce a car costing roughly $24,000 (almost Rs. 20 lakh). However, there has been little mention of its renewables drive thus far.

According to sources who declined to be named because the topic is classified, Tesla offered strengthening the country's battery storage capacities in recent discussions in New Delhi with its "Powerwall," a device that can store electricity from solar panels or the grid for usage at night or during outages.

Although Tesla requested a variety of incentives to establish a battery storage plant, Indian officials informed the company that they would not be accessible, according to one of the people. However, they suggested that the government may assist the corporation in developing a fair economic model by providing subsidies to individuals purchasing such items. 

While both Tesla and the Indian government remain interested in the concept, and New Delhi is still reviewing it, it is unclear whether the plan will be implemented, according to the first source.

The Powerwall proposal is part of Tesla's intentions for a bigger presence in India, beyond EVs, according to a second source, who added that Tesla was eager to find residential as well as industrial clients for its battery storage systems.

"A large level of policy calibration will be required." "Tesla intends to have the Powerwall business in India," according to the source.

Tesla, the Indian government's main spokeswoman, and the trade ministry did not reply to demands for comment. 

India has increased energy supply to towns and villages, but there are still peak-time shortages as demand rises. It is heavily reliant on coal-fired power generation because storage systems are costly and not yet widely available.

Due to coal transportation issues, India had its worst power crisis in more than six years last year, while delays in increasing coal and hydropower capacity have raised the likelihood of nighttime power outages when solar energy is unavailable. 

The nation intends to grow non-fossil fuel power capacity to 500GW by 2030, up from 186GW now.

Powerwall

Tesla's Powerwall is a sleek, one-meter-tall device meant to be placed in a garage or outside a home. 

Modi evaluated the device during a 2015 visit to Tesla's California facility with Musk, and subsequently claimed he appreciated discussing how battery technology could benefit farmers.

The Powerwall is intended for residential and light business usage, but if the India plan is successful, Tesla may consider building larger solutions for industry, according to the second source, who did not elaborate more.

According to the first source, Indian officials have also signaled to Tesla that it would need to focus on lowering the cost of its battery storage goods, and that the government may help to unlock the market with significant demand. 

Powerwall costs more than $5,500 (almost Rs. 4.6 lakh) with subsidies in California, plus additional fees for solar panels. It is eligible for federal tax credits in the United States, as well as local state and utility incentives for solar and energy storage.

In a first, Powerwall customers in Houston and Dallas recently agreed to sell excess power back to the Texas electric grid.

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