Ayana Renewable collaborated with Greenko for clean energy storage

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Ayana Renewable collaborated with Greenko for clean energy storage
16 Feb 2022
5 min read

News Synopsis

NIIF backed Ayana Renewable has joined hands with the Greenko group to provide standalone storage capacity to develop firm and dispatchable RE solutions including a Round-the-Clock power supply (RTC) of up to 1 GW. The two firms in a joint statement said that this will be the first of its kind partnership between two independent power producers. Greenko Group has proposed in total 6,000 MWr of storage capacity including 1500 MWhr of storage capacity in the first tranche from its unique off-stream closed-loop pumped storage project (OCPSP). This collaboration becomes important as the Indian Government is thinking of limiting the monopoly of battery storage systems. This collaboration will help India to enhance its power supply capabilities. Several industries will be benefited from the power distributed by the two firms such as steel, aluminum, and other manufacturing units and power distribution companies

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