Spanish independent power producer (IPP) Grenergy has planned to invest €3.5 billion (US$3.9 billion) to increase its energy storage and hybrid portfolio by 2027.
A project combining solar generation and battery storage to provide 1GW of ‘round-the-clock’ dispatchable power was unveiled at Abu Dhabi Sustainability Week (ADSW).
Energy storage systems (ESS) will become India’s most invested-in clean energy asset class during this decade, but it’s likely to be pumped hydro, not lithium-ion batteries, that see the most deployments.
Multiple tenders seeking gigawatts of ‘firm and dispatchable’ renewable energy have been launched in India in recent months by state-owned or administered enterprises.
