NTPC, an independent power producer (IPP) in India with over 65GW of power plants across the country wants to install 1,000MWh of energy storage at its existing generation facilities.
Aimed at ensuring reliability of electricity supply in the era of renewable energy, India’s Central Electricity Regulatory Commission has drafted ancillary services market regulations allowing for energy storage and demand response resources to participate.
Eos Energy Enterprises, the NASDAQ-listed designer and manufacturer of energy storage systems based on the company’s aqueous zinc battery technology, has announced three large-scale projects in the US and India.
Software is rapidly becoming recognised as key to the value proposition and bankability of energy storage, which in turn lies at the heart of the energy transition. Andy Colthorpe speaks to three providers of software aimed at the energy storage industry.
A lithium-ion battery energy storage system that has been switched on in Rani Bagh, Delhi, will serve multiple applications and could pave the way for adoption of smarter energy networks based on renewable energy across India.
Specific recommendations from a prominent industry group for tax reforms and other changes to support energy storage were not included India’s Union Budget for 2021-2022, but certain aspects of the budget such as the promotion of domestic self-reliance have been welcomed by it.
India’s government has agreed on a financing package that includes INR45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules.
Energy storage could solve problems of reliability for grid operators in India, such as the electricity blackout which struck Mumbai last month, a panel at the India Energy Storage Week conference heard today.
The Solar Energy Corporation of India (SECI) has invited bids for a 100MWac/200MWp solar project with a 50MW/150MWh battery energy storage system in the state of Chhattisgarh.
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
