India’s government will launch its first 1,000MW pilot tender to procure energy storage within a matter of weeks, Ministry of Power joint secretary Ghanshyam Prasad has said.
With the catastrophic impacts of climate change seen around the world, there is little time left to act but energy storage has a huge opportunity to be part of the solution, the audience at World Energy Storage Day online conference heard today.
The breakneck speed of policy changes for US solar, a wave of investment and M&A deals in energy storage and skyrocketing power prices are the main topics of this month’s podcast.
Tendering will open this week for a 20MW battery energy storage system (BESS) pilot project in Pakistan that could help shape the creation of an ancillary services market.
LG Energy Solution has acquired NEC Energy Solutions (NEC ES), the NEC Corporation subsidiary focused on energy storage which announced its exit from the industry last year.
An agreement has been signed which could lead to a multi-gigawatt lithium-ion battery cell manufacturing facility being built near Chennai, India, using 24M’s advanced ‘SemiSolid’ electrode technology.
An official ceremony was held in Hubei Province, China, as work began on the first phase of a 100MW / 500MWh vanadium redox flow battery (VRFB) system.
