India has marked a significant milestone in its renewable energy journey with the launch of its largest battery storage facility, inaugurated by Prime Minister Narendra Modi during his recent visit to the site. The state's Solar Energy Corporation of India (SECI) announced the commissioning of a 40MW/120MWh battery energy storage system (BESS) at a solar PV plant in Rajnandgaon, Chhattisgarh.
The project, valued at IR9 billion (US$110 million), underscores India's commitment to transitioning towards cleaner energy sources. Developed by Tata Power Solar Systems, the facility represents a partnership between SECI and Tata Power's solar PV subsidiary. The World Bank provided financial support, with a US$150 million International Bank for Reconstruction and Development (IBRD) loan, further bolstering the project's significance in the renewable energy landscape.
Prime Minister Modi's visit also highlighted other infrastructure projects, including the inauguration of a 1,600MW coal-fired thermal power plant, underscoring India's dual focus on both conventional and renewable energy sources. Despite the size disparity, the battery storage system holds immense importance in enhancing grid stability and integrating renewable energy into the mainstream power supply.
Additionally, discussions led by Union Minister RK Singh underscored the government's commitment to providing Viability Gap Funding (VGF) for 4,000MWh of energy storage capacity. This initiative aims to facilitate the conversion of renewable power into round-the-clock energy for the grid, further driving India's renewable energy agenda forward.
In conclusion, the commissioning of India's largest battery storage facility marks a significant step towards achieving the nation's renewable energy targets. With continued government support and collaborative efforts from key stakeholders, India is poised to emerge as a global leader in sustainable energy practices.
Source: energy-storage.news