Adani Green Energy Expands Renewable Vision with 1,250 MW Storage Project
Newzdaddy Business Updates
Synopsis of the Article
- Adani Green Energy Limited (AGEL) has secured a 1,250 MW energy storage project from Uttar Pradesh Power Corporation Limited (UPPCL).
- The project, known as Panaura PSP, is a Pumped Hydro Storage Project (PSP) and will be set up in Sonbhadra, Uttar Pradesh.
- The storage project comes with a minimum commitment of 40 years and is expected to be completed within six years.
- Hydro PSPs store renewable energy by using solar-generated electricity to pump water, which is then released to generate power during peak demand hours.
- AGEL is focusing on clean energy integration, supporting India’s renewable energy ambitions with large-scale energy storage solutions.
- Adani Green Energy has set a goal to add 5 GW of hydro PSP capacity by 2030.
- The company has already started work on multiple hydro PSP projects, including:
- 500 MW at Chitravathi River, Andhra Pradesh
- 1,500 MW at Tarali, Maharashtra
- 1,800 MW at Gandikota, Andhra Pradesh
- Hydro PSP technology is one of the most reliable, cost-effective, and scalable storage solutions for renewable energy.
- PSPs ensure grid stability, peak load management, and energy flexibility, making them an essential part of India’s sustainable energy future.
The biggest provider of renewable energy in India, Adani Green Energy Limited (AGEL), has made significant progress in the direction of a more environmentally friendly future. The Uttar Pradesh Power Corporation Limited (UPPCL) has awarded the business a 1,250 MW energy storage capacity project. Developed in Sonbhadra, Uttar Pradesh, this enormous project, called Panaura PSP, will run for at least 40 years.
As part of India’s clean energy agenda, the initiative makes sure that renewable energy sources like wind and solar can deliver electricity continuously. It is anticipated to be finished in the upcoming six years and will be essential to improving the sustainability and efficiency of energy use.
One kind of energy storage device that aids in balancing the supply and demand for electricity is a Pumped Hydro Storage Project (PSP). It functions by pumping water to a higher elevation during the day using power produced by the sun. The stored water is later released to create hydropower when there is a strong electricity demand, usually in the evening or at night.
This method is among the most economical, scalable, and environmentally responsible ways to store renewable energy, guaranteeing that power will be available even in the absence of the sun or wind.
Adani Green Energy is concentrating on energy storage solutions to increase its clean energy footprint. The business has already started working on many hydro PSP projects in India, such as:
500 MW at Andhra Pradesh’s Chitravathi River
1,500 MW in Maharashtra’s Tarali
1,800 MW in Andhra Pradesh’s Gandikota
India’s objectives for renewable energy are significantly advanced by these initiatives. Adani Green wants to build more than 5 GW of hydro PSP capacity by 2030 to guarantee a reliable and effective power supply throughout the nation.
India is quickly transitioning to renewable energy sources, such as wind and solar power. The fact that renewables aren’t always available, however, is one of their main drawbacks. The wind doesn’t always blow when it’s needed, and the sun doesn’t shine at night. Hydro PSPs and other energy storage technologies can help with this.
The following explains the high value of hydro PSPs:
Guarantees Renewable Energy around the clock: Stores extra solar and wind power and releases it at night.
Minimises Power Outages: Assists in balancing the energy supply, lowering the likelihood of blackouts.
Cost-effective: Among the least expensive and most expandable energy storage options.
Encourages Grid Stability: Assists in keeping the electrical grid steady and dependable.
Safe and Eco-Friendly: Minimal environmental impact and no hazardous emissions.
Projects like Panaura PSP are essential for India’s energy security given the growing emphasis on clean energy. Investing in energy storage guarantees a steady and effective supply of power, which is in constant need.
The Indian government is pushing for large-scale renewable energy adoption, and companies like Adani Green Energy are leading the way by developing innovative and sustainable solutions.
With its long-term vision and commitment to clean energy, Adani Green Energy is set to play a crucial role in shaping India’s green future. The Panaura PSP project is just the beginning of a new era of reliable and sustainable energy.
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