Adani Green Energy’s arm Adani Saur Urja has received a long-term offtake deal with Uttar Pradesh Power Corp. Ltd (UPPCL) for 1,250 MW energy storage capacity from pumped hydro storage projects.
Achieving the National Electricity Plan (NEP-14) targets would require annual financing for renewable energy, storage and transmission to grow by 20% each year, reaching $68 billion by 2032 from $13.3 billion in FY 2024, says a new report from Ember.
Tata Power will build 5 GW of renewable energy (solar, wind, and hydro) and storage plants with an investment of INR 30,000 crore over the next five years.
SJVN has invited proposals from battery energy storage system developers to set up 375 MW/1500 MWh standalone battery energy storage systems (BESS) in Uttar Pradesh with viability gap funding.
Inverted has unveiled plans to establish a fully automated battery plant in Ghilot, Rajasthan, with an annual production capacity of 5 GWh. The 4-acre facility will produce battery solutions for four-wheelers, light commercial vehicles and battery energy storage systems.
The company said the new product uses up to four lithium iron phosphate (LFP) batteries. It is equipped with a single 180 kW or 2 x 90 kW chargers and multiple three-phase sockets.
NTPC Vidyut Vyapar Nigam Ltd (NVVN) has invited proposals from developers for supply of energy from standalone battery energy storage systems (BESS) to be set up for an aggregate storage capacity of 1,000 MWh (250 MW x 4 hours). The selected developer will make the BESS available for one complete charge-discharge cycle per day.
NTPC and its arm NTPC Green Energy Ltd (NGEL) have signed agreements with Madhya Pradesh government to set up renewable projects based on solar, wind, pump hydro and other carbon neutral energy sources in the state.
Avaada Group said it will develop 6 GW of solar energy, 700 MW of wind energy, 2.1 GW of battery energy storage systems (BESS), and 2 GW of pumped storage projects in Madhya Pradesh. Additionally, it will establish green energy equipment manufacturing facilities in the state.
NTPC and EDF have signed a non-binding term sheet to jointly develop pumped storage and other hydro power projects bundled with other renewable energy projects.
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