Waaree Renewable Technologies secures EPC for 40 MWh battery storage

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Waaree Renewable Technologies has received a Letter of Award (LoA) from Continuum Green Energy for engineering, procurement and construction work of a 40 MWh battery energy storage system (BESS) project. The project will be located at wind-solar hybrid sites in Gujarat. The total project cost is estimated at INR 40 crore.

Continuum Green Energy is private-sector RE power producer with a large mix of commercial and industrial power purchase agreements. It owns and operates large wind projects and large wind-solar co-located/hybrid projects in India, with a total operational capacity of 2.22 GWp and under-construction capacity of 1.31 GWp as on Dec. 31, 2024.

The project will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS solution.

Viren Doshi, director of Waaree Renewable Technologies Limited stated, “The said project is expected to significantly enhance the efficiency and reliability of renewable energy in Gujarat. By integrating these systems, we aim to provide a robust infrastructure that supports the growing demand for sustainable energy.”

Arvind Bansal, CEO, Continuum Green Energy, stated, “This collaboration marks a significant step towards integrating energy storage solutions in our wind-solar hybrid renewable projects for our industrial consumers. We are confident that Waaree Renewable Technologies’, execution excellence and commitment to on-time delivery, will help us achieve our shared vision of a greener tomorrow”.

Waaree Renewable Technologies, solar EPC arm of Waaree Group, has installed 10,000+ solar projects with cumulative installation done for over 1.82 GW.

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