Utility Scale Storage

State-owned thermal energy giant NLC has signed an agreement with WAPCOS Ltd, a public-sector engineering consultancy services provider, to carry out collaborative technical services and advisories for developing pumped storage projects in India.

The council will identify technology trends in green energy, analyze the evolving global policy developments, evaluate emerging business models, and advise on collaborations.

NTPC, India’s largest power producer, has 3.3 GW of renewable energy capacity already commissioned, 4.6 GW under construction, and a balance of 12.6 GW under planning and implementation.

NEOM Green Hydrogen Company has secured an exclusive 30-year off-take agreement with Air Products for what they claim will be the world’s largest green hydrogen plant, while Germany’s EEX has launched the world’s first market-based hydrogen index.

The Bengaluru-based startup has developed a cell-agnostic platform that purportedly allows 100% fire safety, 20-minute fast charging, and 120% improvement in battery life. 

Rewa Ultra Mega Solar Ltd has launched a tender to allot sites for developing a cumulative 13.8 GW of pumped hydro storage capacity in Madhya Pradesh. Interested developers must submit bids by July 4.

The state-owned power finance company aims to meet 20% of the INR 15 lakh crore ($181.25 billion) financing requirement for India’s targeted 500 GW of installed RE (non-fossil fuel) capacity.

Ayana Renewable Power will develop over 1 GW of renewable energy capacity comprising solar and wind, supplemented with a storage solution, to ensure round-the-clock power supply.

A new study by Central Electricity Authority assesses the least-cost, optimal generation capacity mix to meet India’s projected electricity demand for the year 2029-30.

Despite being a mature and largely indigenous technology, pumped storage hydropower’s operational capacity in India remains very low at 3.3 GW because of the high development costs and inherent challenges in constructing these schemes.