Solar Storage for Energy Security

Solar Storage for Energy Security

The mighty Sun that shines down on us is a key source of all energy on the planet and yet its powers continue to be largely unutilized.

There have been significant efforts to harness solar power given its capability to be a renewable source of clean energy. It can ensure an infinite supply of power that is free of fuel expenditure to use all day everyday. It is a clean, green and efficient source of energy that does not deplete any natural resource.

The sun bathes the Earth radiating so much light and heat on the planet that if all this solar energy is captured for just one hour, it can power the whole world for an entire year, in other words, solar radiation can satisfy the energy needs of the planet nearly 4,000 times over.

Even as the world continues to innovate for more used cases for the production as well as adoption of solar energy, the ever escalating and volatile price of energy from sources like oil and gas, has been expediting the global transition to renewable energy. The sudden increase in these energy prices and its contribution to rising inflation is causing policy distress globally as consumers face high costs of living.

Solar Storage for Energy Security

Solar energy however can be made readily available at a fraction of this cost. It can be produced even on the rooftop of high-rise buildings.

The key problem however is to address its intermittency given that the sun does not shine all day. Therefore, integrating reliable storage methods for solar energy is a crucial element to ensure steady supply during times of low or no energy generation, and ensure the mitigation the risk of grid blackouts as well.

Systems that combine solar and energy storage reduce the intermittency and cost of energy, as well as CO2 emissions, whilst ensuring energy security.

Harnessing solar power whilst also ensuring its efficient storage is one of the best opportunities for Energy Security.

The continued expansion of renewables, major cost declines in both solar and storage assets, and technological advancements that make renewables easier to manage are key factors that can fuel the market. Integrating smart technologies can make solar plus storage systems even more impactful, mitigating challenges and accelerating the transition to clean energy.

Solar plus storage increases the ROI of renewables projects by reducing part of the capital outlay required that is fewer panels required for same revenue while bringing new revenue streams like 24 hours of supply.

Solar-storage solutions can also provide grid stability, allowing stored power to be used when power demand is high and solar generation is low, ultimately selling the units on higher rates. By introducing some smart technologies, solar and storage can also help prevent blackouts.

The developers in the Open Access Solar Market for Commercial and Industrial (C&I) customers will be benefitted from better utilization and higher realized tariffs which will eventually boost the market and attract more players to step in. Ultimately, leading to Energy Security.


Image credit –

Share the Post:

Subscribe now

EKI Energy Services Limited (‘the Company’) is committed to providing effective and prompt service to its stakeholders. The Company has in place, a designated e-mail address i.e. for assistance and/or grievance redressal and is closely monitored by the Company Secretary of the Company. The escalation matrix for complaints relating to the securities of the Company is as provided below:

Ms. Itisha Sahu

Company Secretary

Address: 903, B-1 9th Floor, NRK Business Park, Scheme No. 54, PU4, Indore 452010, Madhya Pradesh India


In case of non-redressal of the complaint to the investor’s satisfaction, within a reasonable time frame, the investor may approach-

Mr. Mohit Kumar Agarwal

Chief Financial Officer

Address: 903, B-1 9th Floor, NRK Business Park, Scheme No. 54, PU4, Indore 452010, Madhya Pradesh India


In case a complaint is still not redressed to the investor’s satisfaction, the investor may approach the Securities and Exchange Board of India and file their grievance through “SCORES”, the centralized online system for lodging and tracking complaints.

SCORES facility can be accessed through the weblink

Filing complaints on SCORES – Easy & quick

  1.        Register on SCORES portal 
    b.        Mandatory details for filing complaints on SCORES: 
        i.        Name, PAN, Address, Mobile Number, E-mail ID 
    c.        Benefits: 
         i.        Effective communication 
         ii.        Speedy redressal of the grievances