Serentica invites EoI for 800 MWh standalone battery energy storage
By EPR Magazine Editorial June 28, 2024 4:28 pm IST
By EPR Magazine Editorial June 28, 2024 4:28 pm IST
Serentica seeks technical partners worldwide to contract BESS projects for annual capacity procurement under a 12-year service agreement. The deadline for bid submissions is July 30, 2024.
Serentica Renewables, a leading renewable energy solutions provider, has invited expressions of interest (EoI) to set up interstate transmission system-connected Battery Energy Storage Systems (BESS) to supply 800 MWh of battery capacity to Serentica’s round-the-clock green energy projects.
Serentica is seeking technical partners worldwide to supply state-of-the-art battery energy. Storage systems are capable of delivering reliable energy storage. The projects will comprise 200 MW/400 MWh of 2-hour storage and 100 MW/400 MWh of 4-hour storage, requiring at least 51 per cent ownership. The BESS provider, Serentica, will ink a contract with the BESS Projects to procure the BESS capacity on an annual basis under a 12-year service agreement, starting June 2026 onwards.Serentica is executing 4 GW of projects and will deliver 2 GW of green energy to large industrial customers in India. The portfolio will supply more than 9 billion clean energy annually, offsetting 8.5 million metric tonnes of CO2. Serentica’s vision is to supply over 50 billion units of clean energy annually in the medium term and displace 47 million metric tonnes of CO2 emissions.
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