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India to reach 346 GWh of installed battery energy storage capacity by 2033
A new whitepaper projects India’s cumulative installed battery energy storage capacity to soar to 346 GWh by 2033, from currently less than 1 GWh. The report says the market is witnessing explosive growth, with a record 92 GWh of battery energy storage system (BESS) projects in the pipeline now.
All Tenders news
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.
Australia’s CIS Tender 8 to source aggregated small batteries for the first time
A market brief for the Capacity Investment Scheme Tender 8 has been released seeking 4 GW of four-hour equivalent clean dispatchable capacity projects in the National Electricity Market, and for the first time invites aggregrate projects to apply.
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Another 1.4 GWh of US energy storage, $350m of battery-related investment
Utility Georgia Power is forging ahead with plans for battery energy storage systems (BESS), Canadian Solar-owned Recurrent Energy has secured $825m for a storage project and a solar site, and developer and battery materials firm Redwood Materials has attracted new investment.
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Indian state launches 500 MWh battery storage tender
The Kerala State Electricity Board Ltd (KSEBL) has launched a major battery energy storage initiative with a tender for 500 MWh (250 MW x 2 hours) of standalone BESS capacity. The tender is being managed by NTPC Vidyut Vyapar Nigam Ltd (NVVN), which has been appointed as KSEBL’s authorised representative. The storage systems will be developed for on-demand usage.
South Australia prepares for first-ever long-duration storage auction
Pursuing its 2027 target of 100% renewable electricity generation, South Australia has launched its first firming energy tender, inviting projects capable of continuous eight-hour dispatch to register. The tender aims to secure 700 MW of firm capacity by November 2031.
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