An agreement to build a 10MW/10MWh energy storage facility in Haryana, India, has been reached by Panasonic India Pvt. and AES India Private Limited. The electricity from the battery system will provide backup and enhance daily reliability for a Panasonic India manufacturing site. The AES Advancion platform will be used, in conjunction with Panasonic’s lithium-ion batteries.
It will be India’s first large-scale battery-based energy storage project. “We are excited to bring Advancion®, the most proven energy storage system available globally, to India. Panasonic delivers high quality, cost-effective batteries and is a great partner to be working with as we demonstrate the value of large-scale energy storage to commercial and industrial customers, renewable developers, utilities, and the grid operator,” said Marty Crotty, President of AES’ Strategic Business Unit in Asia.
The Panasonic unit in Haryana was established several years ago. Adding energy storage in India is important because the country is investing more in solar and wind, and having the ability to store electricity is obviously an advantage that can hasten the transition away from fossil fuels.
“Panasonic India’s partnership with AES signifies the convergence of synergies to deliver reliable, cost-competitive solutions to meet growing energy demand. This association further establishes our commitment and capabilities to providing smart energy storage solutions. Set to transform the energy storage landscape, Panasonic India looks forward to this association, which will help offer grid stability and improved ancillary services,” explained Mr. Manish Sharma, President & CEO of Panasonic India.
AES has had a presence in India since 1992 and is working with Panasonic to explore how the two companies may work together in the future.
AES is also a global leader in the commercial energy storage solutions space, and has hundreds of megawatts of it installed or in development in a variety of countries around the world.
Image Credit: AES
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