Author
Uma Gupta
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Articles written by Uma Gupta
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India’s TNGECL invites bids for 1.5 GWh of standalone battery energy storage projects
Tamil Nadu Green Energy Corp. Ltd (TNGECL) has launched a tender for setting up seven standalone battery energy storage systems (BESS) totaling 1,500 MWh (375 MW x 4 hours) in Tamil Nadu. The projects are eligible for viability gap funding (VGF) through the Power System Development Fund (PSDF).
India’s 4 GWh standalone battery storage tender yields tariffs of $2,220 – $2,268/MW/month
The selected developers will set up battery energy storage projects in Gujarat, connected to the intrastate transmission system, on a build–own–operate basis. They will make the storage capacity available to Gujarat Urja Vikas Nigam Ltd for charging and discharging on an “on-demand” basis.
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OMC Power, Honda Motor partner on energy storage solutions from repurposed EV batteries
OMC Power, a distributed renewable energy (DRE) company targeting 1 GWp clean energy portfolio in India, and Honda Motor have partnered on innovative business models in energy storage and battery repurposing from the electric mobility ecosystem.
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