Tesla's Powerwall might resolve India's power crisis and related issues.
India’s power experts are considering Tesla’s energy solution. The Indian solar power policy makers have failed to solve the energy storing problems. One could anticipate that during Indian Prime Minister, Narendra Modi’s, visit to the enterprise in the coming few days, he would most probably find out means to solve the crisis, as reported by Live Mint.
Storage plays a significant role in ensuring that solar power is utilized. Here one needs to mention that solar power can only be produced during daytime. With the South Asian country, being powered by solar radiation of 5 kilowatt-hour to 7 kilowatt-hours per square meter for 300 to 330 days in an annum, the second most populated country has got ready to generate solar electricity.
Tesla News today affirmed that Modi’s government has lately disclosed a large-scale solar electricity plan and a cost-efficient battery storage device for India, where circumstances could prove to be a game changing factor.
In July, the electric vehicle maker's founder, Elon Musk, introduced the Powerwall, a lithium-ion power-storing gadget that uses solar panel generated electricity to recharge itself. The power stored in the product could be utilized as a source of energy for home and industrial appliances or as backup power source. It can also play a role in reducing the consumption of grid power during the peak energy hours when electricity supplied through the powering infrastructure proves to be much more costly.
Tesla News revealed that the Californian company stated, “Powerwall offers independence from the utility grid and the security of an emergency back-up”. With the utilization of this product, Modi expects to attain his government’s plan to add 100,000 megawatt of solar energy by 2022 with 40,000 megawatt generated from each roof and distributed power-producing ventures.
Costs are proving to be a major problem. In the Indian nation, Rs.5 per kilowatt-hour tariff is the new norm, Tesla power solution is being offered to installers at $3500 for 10 kilowatt-hour and $3000 for 7 kilowatt-hour, exclusive of installation and inverter costs, a report stated.
Tesla Motors news reported that India is the third leading greenhouse emission country after the U.S. and People’s Republic of China, but renewable power contributes to only 13% of India’s overall fitted energy capacity of 275,912 megawatt.
Power industry analysts stated that the Indian PM’s plans to use Tesla’s power storage system would increase its sales revenue. It is probable that the Indian residents would appreciate Modi’s intent, as it intends to resolve the energy crisis faced by them.
Tesla’s officials should sell its power storage system to the Indian Government and boost the production pace to dominate the power sector. This can be challenging to the company and require proper strategic planning to target the huge territory.
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