Industrial Consultancy & Sponsored Research (IC&SR) , IIT Madras
Category – Clean Energy, Energy Storage
Applications – Energy storage, renewable energy generation, diesel generators
Industry – Power, Energy storage systems
Market – The global advanced energy storage system market size accounted for USD 19.0 Billion in 2022 and is estimated to achieve a market size of USD 48.5 Billion by 2032 growing at a CAGR of 9% from 2023 to 2032.
SYSTEM
Prof. Satyanarayanan Seshadri
Department of Applied Mechanics
TRL- 3
Proof of concept stage