Utility Scale Storage

NTPC Renewable Energy Ltd is accepting bids to develop a cumulative 1.5 GW/9 GWh of energy storage capacity on a build-own-operate basis anywhere in India. It will utilize the energy storage facility to meet its round-the-clock renewable and/or peak power supply requirements. Bidding closes on June 16.

Su-Kam Power Systems has signed a memorandum of understanding with Himachal Pradesh government to establish a sustainable energy storage park in the state. It plans to invest around INR 300 crore to manufacture renewable, e-mobility, and solar energy products in this park in the near future.

The company has won large-scale renewable energy EPC projects in Africa and Middle-East regions. Its India portfolio includes an order to construct the single largest commercial and industrial solar park in Rajasthan.

Israeli company Brenmiller is set to launch a 4 GW to 5 GW production line for its thermal energy storage systems, which use crushed rocks to retain heat that can be released as steam, hot water, or hot air.

Tata Power will use the secured financing to enhance Delhi’s power distribution through grid enhancements and a battery energy storage system.

Stanford University researchers have created a model to assess how much compressed air storage capacity might be needed for the deep decarbonization of power systems, while compensating for the variability of wind and solar-based power systems. They applied the model to California’s energy system and found that compressed air could be very competitive on a dollars-per-kilowatt-hour basis.

Altech Batteries, a battery tech company in Western Australia, has included “game-changing” sodium chloride technology in its new battery 1 MWh GridPack. It said it expects the new systems to be up to 40% cheaper to produce than dominant lithium-ion alternatives.

India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world. 

Using some of India’s existing gas-based power capacity as peaking plants would be more economical than the other options in the short-term market for peak power supply. Gas-based power plants can provide ancillary services to maintain the grid’s power quality, reliability, and security as renewable energy capacity increases, says a new report by IEEFA.

Amp Energy has committed to building 720 MW of wind, solar, wind-solar hybrid, floating solar, and energy storage projects in Andhra Pradesh with an estimated investment of approx Rs 5,800 crore over the next 3-5 years.