India : EESL, UK firm collaborate on new renewable energy pact

EPAL, a joint venture of state-run Energy Efficiency Services Limited (EESL) and UK-based EnergyPro Limited (EP) has partnered with Leclanché, a leading battery storage solution provider and will invest Rs 78 crores in a battery storage project in Ontario, Canada, a joint press statement said. 

“It has been our constant endeavor to make future-ready technology solutions accessible. With a focus on long, low-carbon initiatives globally, we have partnered with the world’s leading battery storage solution provider,” Saurabh Kumar, managing director, EESL, said in a statement on Thursday. 

EESL EnergyPro Assets Limited (EPAL), will invest in the storage project known as Basin 1 and 2, which is almost nearing completion. 

The project, built and owned by Leclanché and development partner Deltro Energy, is the first utility scale energy storage facility designed to balance the Ontario power grid with a total investment of approximately INR 162.5 crores. 

“The partnership has strategic importance from India’s perspective as its government has set a target of achieving 175GW of renewable energy by the year 2022,” the statement read. 

This investment in battery storage system comes as a part of government’s efforts to push renewable energy in India. 
 

Source : https://economictimes.indiatimes.com/industry/energy/power/eesl-uk-firm-collaborate-on-new-renewable-energy-pact/articleshow/61582093.cms

SMART GRID Bulletin November 2017


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