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.
The Solar Energy Corporation of India (SECI) has extended bid submission deadlines for a number of solar projects with battery storage co-location requirements.
The government of India has announced measures to promote new “Champion Sectors” of economic growth, including support incentives for advanced battery cell and solar PV manufacturing.
A design consultancy service contract for a 1200MW pumped hydro energy storage project, paired with solar and wind energy and under development by independent power producer (IPP) Greenko has been awarded to AFRY India.
While most conversation around energy storage focuses on batteries, a recent Solar Energy Corporation of India tender achieved the lowest tariffs for renewables with storage using a much more ‘old-fashioned’ technology, writes Kowtham raj VS of NITI Aayog.
A 1.2GW hybrid tender in India coupling pumped hydro, batteries, solar and wind power has achieved tariffs that are highly competitive against coal power, according to prominent industry figures.
Recommendations made to the government of India as it prepares to publish its union budget for 2020 from industry group India Energy Storage Alliance (IESA) include measures to support both the upstream of industry and the downstream of clean energy deployment.
