BESS funded under Innovation in Solar Power & Hybrid Technologies Project
The Solar Energy Corporation of India Limited (SECI) https://www.isolaralliance.org/ has commissioned World Bank-funded Battery Energy Storage System (BESS) at Rajnandgaon, India’s largest solar energy storage complex.
The BESS has been constructed with funding from the World Bank https://www.worldbank.org/en/home and the Clean Technology Fund under the Innovation in Solar Power & Hybrid Technologies Project. It has also leveraged financing from domestic lending agencies.
This further highlights the collaborative efforts to drive sustainable financial arrangements, making the project commercially attractive and viable, the Ministry said.
The 40 megawatts (MW) / 120MWh BESS with a solar photovoltaic (PV) plant which has an installed capacity of 152.325 MW hour (MWh) and dispatchable capacity of 100 MW AC (155.02 MW peak DC).
The energy would be purchased by Chhattisgarh, thus contributing to meeting the peak energy demand of the state using green electrons and also towards its renewable purchase obligations, the Ministry of New and Renewable Energy said on 24 Feb 2024. fiinews.com