New Delhi [India], JSW Energy on Monday announced that it has started construction activities for its Battery Energy Storage Project (BESS), thus entering the energy storage services business.
Battery storage, or battery energy storage systems (BESS), are devices that enable energy from renewable energy such as solar and wind to be stored and then released when power is most needed.
The 1.0 GW battery storage project was awarded by SECI (Solar Energy Corporation of India Limited), which is expected to be operational by June 2025, the company said in a release announcing construction activities for it.
The project consists of two installations, each with 500 MWh of storage capacity, designed for two hours of storage in one cycle. The project will be developed under Build Own Operate and Transfer (BOOT) mechanism and will be transferred to the buyer after 12 years.Apart from battery storage, the company is developing a commercial scale green hydrogen project and green steel in India. The company had signed a seven-year green hydrogen supply agreement with JSW Steel Ltd for 3,800 tonnes per annum of associated green oxygen.
Detailed engineering work and equipment order has been completed with expected commissioning in Q4 2024-25.
Additionally, the company has been allocated a capacity of 6,800 tonnes per annum under the Strategic Intervention for Green Hydrogen Transition (SIGHT) program by SECI.
Additionally, a Memorandum of Understanding (MoU) has been signed with JSW Steel Limited to progressively supply 85,000 to 90,000 tonnes per annum of green hydrogen as well as 720,000 tonnes per annum of green oxygen by 2030.Sharad Mahendra, Joint Managing Director and CEO, JSW Energy, said, “…our battery energy storage system project represents a significant advancement in enhancing grid stability and integrating renewable energy sources, further strengthening our leadership in innovative energy solutions. represents."
JSW Energy Limited is one of the leading private sector power producers in India and part of the US$23 billion JSW Group.
JSW Energy has a total generation capacity of 13.3 GW, which includes 7.3 GW operational, 2.6 GW wind, thermal and hydro and 3.4 GW pipeline.
Additionally, the company has 3.4 GW of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project.
The company aims to reach 20 GW generation capacity and 40 GW energy storage capacity before 2030.JSW Energy has set an ambitious target of achieving carbon neutrality by 2050.
Overall, at COP26 held in 2021, India as a whole committed to an ambitious five-part “Panchamrit” pledge. These include reaching 500 GW of non-fossil power capacity, generating half of all energy needs from renewable energy, reducing emissions by 1 billion tonnes by 2030.
India as a whole aims to reduce the emissions intensity of GDP by 45 per cent. Ultimately, India is committed to net-zero emissions by 2070.
Battery storage, or battery energy storage systems (BESS), are devices that enable energy from renewable energy such as solar and wind to be stored and then released when power is most needed.
The 1.0 GW battery storage project was awarded by SECI (Solar Energy Corporation of India Limited), which is expected to be operational by June 2025, the company said in a release announcing construction activities for it.
The project consists of two installations, each with 500 MWh of storage capacity, designed for two hours of storage in one cycle. The project will be developed under Build Own Operate and Transfer (BOOT) mechanism and will be transferred to the buyer after 12 years.Apart from battery storage, the company is developing a commercial scale green hydrogen project and green steel in India. The company had signed a seven-year green hydrogen supply agreement with JSW Steel Ltd for 3,800 tonnes per annum of associated green oxygen.
Detailed engineering work and equipment order has been completed with expected commissioning in Q4 2024-25.
Additionally, the company has been allocated a capacity of 6,800 tonnes per annum under the Strategic Intervention for Green Hydrogen Transition (SIGHT) program by SECI.
Additionally, a Memorandum of Understanding (MoU) has been signed with JSW Steel Limited to progressively supply 85,000 to 90,000 tonnes per annum of green hydrogen as well as 720,000 tonnes per annum of green oxygen by 2030.Sharad Mahendra, Joint Managing Director and CEO, JSW Energy, said, “…our battery energy storage system project represents a significant advancement in enhancing grid stability and integrating renewable energy sources, further strengthening our leadership in innovative energy solutions. represents."
JSW Energy Limited is one of the leading private sector power producers in India and part of the US$23 billion JSW Group.
JSW Energy has a total generation capacity of 13.3 GW, which includes 7.3 GW operational, 2.6 GW wind, thermal and hydro and 3.4 GW pipeline.
Additionally, the company has 3.4 GW of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project.
The company aims to reach 20 GW generation capacity and 40 GW energy storage capacity before 2030.JSW Energy has set an ambitious target of achieving carbon neutrality by 2050.
Overall, at COP26 held in 2021, India as a whole committed to an ambitious five-part “Panchamrit” pledge. These include reaching 500 GW of non-fossil power capacity, generating half of all energy needs from renewable energy, reducing emissions by 1 billion tonnes by 2030.
India as a whole aims to reduce the emissions intensity of GDP by 45 per cent. Ultimately, India is committed to net-zero emissions by 2070.