Utility Scale Storage

To date, the National Thermal Power Corporation (NTPC) Ltd has installed roughly 1 GW of renewables in India. NTPC is planning several projects including floating solar and battery storage projects nationwide.

Delhi DISCOM, Tata Power Delhi Distribution Limited (TPDDL) is planning to launch the Tata smart energy incubation hub. The Tata trust will provide INR 150 million ($2.25 million), while the Indian government’s Science & Technology department will pay out an undisclosed sum. The company is also planning the installation of a 10 MW Battery Energy Storage System (BESS).

The three-day exhibition and conference held in New Delhi organized various hands-on workshops and saw discussions on topics like mini and micro-grid systems, electric transportation, and the financial analysis for these sectors. The government has also announced the upcoming energy policy, placing storage at the core.

India Energy Storage Alliance (IESA) has signed an MoU with Indo-German Energy Forum (IGEF) to promote and facilitate the energy storage business in India among various German and Indian stakeholders.

Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.

IESA and IEEMA have together organized a masterclass to develop advanced energy storage manufacturing in India. The event has also witnessed increased government support for the sector as energy storage opportunities in India are expected to attract investment of more than $3 billion in the next three years.

The project will improve stability on Canada’s largest transmission grid by managing unbalanced supply-demand situations. Similarly, Indian PSUs owned EESL, through EPAL, will also be a part of $175 million investment in clean energy initiatives in the UK’s public and private sectors.

Mahindra Susten won the auction for 20 MW/28MWh with the final all-in price of INR 2.99 billion ($46 million).

This is the third instance where an energy storage project has been cancelled in India, after MNRE EoL and SECI’s derailed projects in 2014 and 2016 respectively.

India Energy Storage Alliance (IESA) estimates the market for energy storage will grow to 100-200 GWh between 2017-22.