Utility Scale Storage

NTPC has invited bids to set up a pilot project for 200 MWh of thermal energy storage system integrated with a thermal power plant to supply 15 MW of additional electrical power.

The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable RE power in a demand-following manner.

Tata Power Solar Systems has commissioned a 100 MW solar PV plant coupled with a 120 MWh utility-scale battery energy storage system (BESS) in the Indian state of Chhattisgarh. The BESS for the project was supplied by Tata AutoComp Systems.

From July 2023 through summer 2024, battery cell pricing is expected to plummet by more than 60% due to a surge in electric vehicle (EV) adoption and grid expansion in China and the United States.

Gensol Engineering Ltd will deploy a 70 MW/140 MWh battery energy storage system for use by Gujarat Urja Vikas Nigam Ltd (GUVNL) on an on-demand basis.

NatPower UK says it will bring over 60 GWh of battery storage online in the UK by 2040. It has already set aside GBP 600 million ($769.8 million) for the development of substations and says large-scale solar and wind projects will be announced later this year.

The winning developers will install battery energy storage systems in Gujarat with the primary objective of making the energy storage facility available to Gujarat Urja Vikas Nigam Ltd for charging/discharging of the BESS on an ‘on demand’ basis.

Vanadium offers unique characteristics as a battery material, as it can shed electrons without shifting from its ionic state, ensuring high cycling stability. South Korea’s Standard Energy has developed a battery with just 1% degradation after 20,000 cycles. The company has already completed 10 MWh of projects in its home market and now aims to expand internationally.

While the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme is a vital first step, it can be finetuned to generate interest among start-ups and global players.

JSW Energy will receive a fixed capacity charge of INR 10.84 lakh per MW per month for twelve years for 60% (150 MW/300 MWh) of the total battery storage capacity.