又“卷”又难！中国储能企业为何仍往里闯？

Core Insights - The article discusses the recent 1.4GWh energy storage order won by Nandu Power in India, highlighting the growing opportunities for Chinese energy storage companies in the Indian market despite challenges [2][3][20]. Group 1: Company Developments - Nandu Power has signed a significant energy storage order of 1.4GWh with a well-known independent power operator in India, aimed at supporting a large-scale renewable solar project [2][3]. - As of April 2025, Nandu Power has a total of 6.4 billion yuan in signed but unfulfilled orders, including 1.3 billion yuan for domestic energy storage and 1.3 billion yuan for overseas projects [5]. - Nandu Power is also constructing a lithium battery manufacturing base in Zhejiang, with an annual production capacity of 5.6GWh [8]. Group 2: Market Trends in India - India is rapidly deploying variable renewable energy (VRE), which is driving its energy storage market towards a convergence of policy incentives, market demand, and technological advancements [11]. - The Indian government mandates that new energy projects must include 10% of their capacity in energy storage, which is expected to increase the installed capacity of energy storage by more than five times in the next five years [12]. - The Indian Ministry of Power has announced additional funding of 54 billion rupees for the development of 30GWh of battery storage projects, following previous allocations of 37 billion rupees for 13.2GWh [12]. Group 3: Competitive Landscape - Recent bidding opportunities in India have seen over 160GWh of energy storage system tenders released, with 54GWh specifically for battery storage systems [13]. - Local companies dominate the bidding landscape, with JSW Energy emerging as a leader in the independent storage market [16]. - The Indian government is also focusing on enhancing domestic supply chains, aiming for over 140GWh of battery production capacity by 2030 [18][20]. Group 4: Challenges for Foreign Companies - Despite the opportunities, foreign companies face challenges in India, including protectionist policies and stringent requirements for battery performance in high-temperature environments [20]. - The Indian market prioritizes system delivery capabilities and cost per unit of electricity over longevity and intelligent scheduling, which may differ from Western market expectations [20].