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Industry Hails Viability Gap Funding for Battery Energy Storage Projects

Stakeholders said the goal of VGF is to reduce the levelized cost of energy storage

October 11, 2023

/ Gautamee Hazarika
/ Energy Storage, Market & Policy, Mercom Research Focus
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The recently announced Viability Gap Funding (VGF) for Battery Energy Storage Systems (BESS) has been welcomed by industry stakeholders for its potential impact on system cost, demand, and manufacturing in the country.

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Gautamee Hazarika

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