A 1.2GW hybrid tender in India coupling pumped hydro, batteries, solar and wind power has achieved tariffs that are highly competitive against coal power, according to prominent industry figures.
Recommendations made to the government of India as it prepares to publish its union budget for 2020 from industry group India Energy Storage Alliance (IESA) include measures to support both the upstream of industry and the downstream of clean energy deployment.
Solar Energy Corporation of India (SECI) has issued tenders for 1.2GW of wind and solar hybrid capacity as well as 4MW of floating PV with 2MW/1MWh of battery storage.
The India Energy Storage Alliance (IESA) has published its fifth edition of its India Stationary Energy Storage market report, which predicts that the market for energy storage in India will grow at a CAGR of 6.1% by 2026.
Coal-fired power generation around the world is on track for a record reduction in 2019, according to new research by Carbon Brief.
The state-owned Solar Energy Corporation of India (SECI) issued at the beginning of the month a tender for 1,200MW of renewable power that can be used to alleviate peak demand issues on the grid, in effect mandating the use of energy storage systems (ESS).
New finance minister promises support to lithium and EV manufacturing as well as solar and battery-based charging infrastructure.
The Central Indian state wants storage services to help cater for an extra 2.7 million customers brought online by electrification schemes as well as increasing penetration of renewable energy on the grid.
India is looking at gravity-based energy storage to take advantage of the technology’s short response times and flexibility when it comes to grid integration of clean energy sources.
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