Adani Green Energy Ltd (AGEL) announced receiving the letter of award from Uttar Pradesh Power Corporation Ltd (UPPCL) for 1,250-MW energy storage capacity from pumped hydro storage projects.
The project, Panaura PSP, has a minimum commitment for 40 years. It will be located in the Sonbhadra district, Uttar Pradesh and is expected to be completed within the next six years, a release by AGEL said.
Hydro PSPs use electrons generated from solar in the day to pump water and meet peak time energy demand at night through sustainable sources. Apart from being time-tested and domestically available, PSPs are also the cleanest and safest technology to store energy. They offer numerous benefits such as grid stability, peak shaving, and flexibility in energy management. Additionally, hydro PSPs provides frequency regulation and reserve generation, making them a critical part of a robust and resilient energy infrastructure. As one of the most cost-competitive, mature and scalable technologies, hydro PSP holds significant potential, the release noted.
India’s clean energy goal necessitates the development of large utility-scale storage projects to integrate renewables into the grid and provide round-the-clock renewable energy. Aligned to the endeavor, Adani Green Energy has diversified its portfolio to include energy storage solutions in addition to its existing solar, wind and hybrid projects.
Adani Green has firm plans to add over 5 GW hydro PSP capacity by 2030. The company has already commenced the construction of its hydro pumped storage projects of 500 MW at Chitravathi river, in Andhra Pradesh, 1,500 MW at Tarali in Maharashtra and 1,800 MW at Gandikota in Andhra Pradesh.
Also read: Adani Green Energy’s operational portfolio crosses 10 GW
Featured photograph (source: ANDRITZ) is purely for representation only