Greenko wins 3 GW storage tender in India with pumped hydro bid – pv magazine International

From pv journal India

Greenko has gained 3 GW of vitality storage capability from NTPC Renewable Vitality, the renewables unit of Indian state-owned energy producer NTPC. It gained the capability by quoting the bottom bid in a technology-agnostic storage tender.

Greenko has developed the world’s largest vitality storage platform primarily based on pumped storage expertise. It already has 50 GWh of storage initiatives below growth. With its newest tender win, it is going to present 500 MW/3,000 MWh standalone storage capability for 25 years to NTPC Renewable Vitality. NTPC Renewable Vitality will use the storage capability to provide round the clock energy to utilities and industrial clients.

The delicate outcomes set up pumped storage expertise as the popular and lowest price long-term vitality storage answer. Different builders submitted bids for Li-ion batteries, Na-S batteries, and compressed-air storage applied sciences.

“The successful bid interprets into unit storage charges of $58/MWh per cycle per day, a exceptional feat given the storage charges found in one other current vitality storage procurement tender primarily based on SECI’s battery vitality storage techniques ($120/MWh). ),” mentioned Greenko. “Contemplating the truth that the pumped storage mission can present multiple cycle per day with out efficiency influence, the efficient storage costs might be as little as $29/MWh.”