NEW DELHI--(BUSINESS WIRE)--
AES India, a subsidiary ofThe AES Corporation (NYSE:AES) and Mitsubishi Corporation, today announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid operated by Tata Power Delhi Distribution Limited (Tata Power-DDL). AES and Mitsubishi Corporation will develop and own the 10 megawatt (MW) Advancion energy storage array, which will demonstrate peak load management, increase system flexibility and support high levels of reliability for more than 7 million customers in the region. This is the first grid-scale project in India, and part of a larger global trend to solve critical infrastructure challenges using battery-based energy storage.
“For a rooftop solar program to be successful, it is important for the distribution network to integrate it with energy storage solutions to take care of power generation spikes and fluctuations, system stability, reactive power compensation and grid emergencies. Tata Power-DDL has implemented many smart grid technologies and is privileged to implement India’s first utility-scale 10 MW storage solution with AES and Mitsubishi Corporation. This will prove to be an important learning for developing integrated rooftop solar and storage solutions for India,” said Mr. Praveer Sinha, CEO and MD, Tata Power-DDL.
India plans to install 160,000 MW of solar and wind generation over the next five years and energy storage will play a critical role in ensuring its integration into the grid.
“Rapidly growing generation capacity will need large scale deployment of energy storage for transmission decongestion, protecting processing plants from grid frequency and voltage drop triggered outages,” said Rajendra Shrivastav, President of AES India. “We expect electricity regulators in India will understand and appreciate the value of ancillary services these storage systems bring into the system operation.”
With this 10 MW Advancion array, Tata Power-DDL will benefit from the platform’s fourth-generation design and AES' experience gained from more than 3.5 million megawatt-hours of delivered service across the global fleet of deployments.
“By choosing energy storage over other alternatives, Tata Power-DDL is taking smart steps to modernize their power system, improve grid efficiency and provide better integration of distributed and renewable resources,” said Manish Kumar, Managing Director of AES Energy Storage. “Their pioneering work will pave the way for the rapid deployment of energy storage throughout the country.”
The Advancion energy storage array will be constructed in Rohini, Delhi at a site operated by Tata Power-DDL. The array will provide peak load management, grid stability, and renewable integration services in the region when operational by the end of 2017.
Advancion is the world’s most proven energy storage platform, with 166 MW in operation and 270 MW in construction or late stage development across seven countries, four continents, and eight different power markets.
AES and Mitsubishi Corporation continue to work closely together to accelerate the adoption of energy storage. Additionally, AES and Mitsubishi Corporation signed an Alliance agreement in February 2016, combining the capabilities of both companies to ensure Advancion is available for sale to customers in markets across Asia, Australia, and New Zealand.
“Together with AES, Mitsubishi Corporation aims to tackle power system infrastructure problems around the world by leveraging both our global network and AES’ advanced technology,” said Tsunehiro Makabe, General Manager of Environmental Energy Business Dept. at Mitsubishi Corporation.
“Working with Mitsubishi Corporation to deliver this important project for India’s power system further strengthens our alliance relationship and helps Tata Power-DDL move the Delhi region towards a clean, unbreakable power grid,” closed Manish Kumar, Managing Director of AES Energy Storage.
About Mitsubishi Corporation
Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, living essentials, and environmental business. MC's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.
With over 200 offices and subsidiaries in approximately 90 countries worldwide and a network of over 600 group companies, MC employs a multinational workforce of over 70,000 people.
About Tata Power Delhi Distribution Limited
Tata Power Delhi Distribution Limited (Tata Power-DDL) is a joint venture between Tata Power and the Government of NCT of Delhi with the majority stake being held by Tata Power Company (51%). Tata Power-DDL distributes electricity in North & North West parts of Delhi and serves a populace of 7 million. The company started operations on July 1, 2002 post the unbundling of the erstwhile Delhi Vidyut Board (DVB). With a registered consumer base of 1.51 million and a peak load of around 1764 MW (May 2016), the company's operations span across an area of 510 sq kms. To learn more about Tata Power-DDL, please visit www.tatapower-ddl.com
About AES India
AES India is a subsidiary of The AES Corporation(NYSE:AES), a Fortune 200 global power company and the only global power company with a continuous presence in India since 1992, demonstrating its long-term commitment to the Indian power market. AES currently owns a 49% stake in Odisha Power Generating Corporation (OPGC), operating a 420 MW thermal power plant at the IB Thermal Power Station and constructing a 1,320 MW super critical thermal power plant as an expansion of the existing facility. To learn more, please visit www.aes-india.com.
About AES Energy Storage
AES Energy Storage is the energy storage solution provider to the project and is a leader in commercial energy storage solutions, which improve flexibility and reliability of the power system, and provide customers with a complete alternative to traditional peaking power plants. The company’s Advancion® 4 energy storage solution is available for sale to leading utilities, power markets, and independent power producers, and AES Energy Storage and its partners can manage installations from concept to operation with a market-proven solution that integrates best in class battery and power conversion technologies. AES Energy Storage introduced the first grid-scale advanced battery-based energy storage solution in commercial operations in 2008 and operates the largest fleet of battery-based storage assets in service today. AES Energy Storage has a total of 436 MW of interconnected energy storage, equivalent to 872 MW of flexible resource, in operation, construction or late stage development in seven countries. To learn more, please visit www.aesenergystorage.com or @aes_es on Twitter.
Copyright Business Wire 2017