ReNew Power has announced that it is partnering with Stanford University’s Precourt Institute for Energy on itsbattery storage initiative. The program, StorageX, is an academic-industry-government initiative that aims to solve pressing real-world challenges in battery storage by addressing gaps between academic and industrial R&D. The two parties will initially focus on the challenges of grid-level battery usage and performance in India as well as solutions to optimise storage assets’ performance. This can eventuallyenable stable and firm power delivery to the grid.
The collaboration is facilitated through the Stanford Energy Corporate Affiliate program which promotes interactions between organizations and Stanford faculty and graduate students across the full range of energy-related topics. ReNew Power will now have access to the university’s world-class resources to collaborate on topics of research, education, and training.
Developing grid-scale battery storage is crucial in helping India meet its long-term goal of the firm, reliable electricity from grid-integrated renewable sources. Further, the ability to deliver reliablepower from renewable sources at peak and off-peak hours can help distribution companies meet their renewable purchase obligations. In January 2020, ReNew emerged winner in India’s first auction for 300 MW renewable energy combined with energy storage for guaranteed peak power supply. ReNew Power also won the auction for 400 MW of round-the-clock power through renewable sources. This project will use a combination of wind and solar renewable generation assets and storage technology to provide annual capacity utilization of about 80 per cent.