
South Asia's largest Battery Energy Storage System opened
He emphasised that the project has been completed in record time under the leadership of Chief Minister Rekha Gupta. The new storage facility, based on cutting-edge technology, aims to significantly enhance the reliability of power supply, particularly in areas with limited infrastructure and unauthorized colonies where grid access is constrained.
Sood added that the Delhi government is committed to investing in advanced energy technologies and will offer support to entrepreneurs working in the solar energy sector. 'This project not only contributes to clean energy storage but also marks the beginning of a new era of innovation in power management,' he said.
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Economic Times
8 hours ago
- Economic Times
Energy storage to hit record high
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Time of India
8 hours ago
- Time of India
Energy storage to hit record high
India's energy storage push hit a record in July, with states tendering 8.1 GWh of capacity, the highest-ever for a month. Auctions discovered a record low tariff of ₹3.13 per unit in solar-plus-storage projects with four hours of storage supply. Explore courses from Top Institutes in Please select course: Select a Course Category healthcare Design Thinking Data Science MCA Product Management PGDM Others Leadership Public Policy Degree Data Science others Healthcare Digital Marketing Project Management Cybersecurity Data Analytics CXO Operations Management Technology MBA Finance Management Artificial Intelligence Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details The last discovered record tariff in the same category-with four hours of storage supply- was ₹3.32 per unit. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 most beautiful women in the world Undo Energy storage projects are gaining pace as states opt for round-the-clock energy, fulfil renewable purchase obligations, and manage evening peak demand with support from the new viability gap funding (VGF) scheme for battery energy storage system (BESS). The power ministry recently launched the VGF scheme for BESS of up to 30 GWh capacity with support from the Power System Development Fund (PSDF). This is in addition to the 13.2 GWh already in place. Live Events With the new VGF scheme window open for a year, states are trying to make the most of it, according to industry experts. "Battery storage capacities have been increasing not just in the number of projects being set up, but also in the size of projects," said Debmalya Sen, president, India Energy Storage Alliance (IESA). Recent bids from Rajasthan, Gujarat, and Maharashtra have shown 2 GWh and 4GWh capacities being shared under the new VGF scheme, Sen added. Almost a third of the 30 GWh capacity in the scheme has been tendered out. The tariff discoveries have been supporting the aim to set up higher capacity-projects with 4-hour one-cycle gaining traction and rates falling to ₹3.59 lakh/MW/month from 4.41 lakh/MW/month in six months.


The Hindu
14 hours ago
- The Hindu
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