JSW Energy Expands into Energy Storage Sector with Green Hydrogen and Battery Projects
Key Ideas
- JSW Energy commences construction of a 1.0 GWh Battery Energy Storage Systems (BESS) project, boosting its presence in the energy storage services sector.
- The company secures a green hydrogen project under the SIGHT programme and signs an MoU with JSW Steel for green hydrogen and oxygen supply, aiming for significant green energy production by 2030.
- JSW Energy is actively involved in advancing green hydrogen and green steel projects, positioning itself as a key player in sustainable energy solutions and industrial decarbonisation in India.
- With a vision to achieve 20 GW generation capacity and 40 GWh energy storage capacity by 2030, JSW Energy is on track to be carbon neutral by 2050, emphasizing its commitment to sustainable practices.
JSW Energy, an Indian energy company, has initiated the construction of a novel venture: a 1.0 GWh Battery Energy Storage Systems (BESS) project, signaling its foray into the energy storage services domain. The project, bestowed by the Solar Energy Corporation of India Limited (SECI), features two 500 MWh installations designed to store and release energy efficiently. Additionally, JSW Energy has secured a green hydrogen capacity under the SIGHT programme and penned a deal with JSW Steel for substantial green hydrogen and oxygen supply by 2030. The company is actively engaged in propelling green hydrogen and green steel projects, aiming to lead in sustainable energy solutions and industrial decarbonisation. JSW Energy's strategic initiatives align with its vision of attaining 20 GW generation capacity and 40 GWh energy storage capacity by 2030, with a pledge to achieve carbon neutrality by 2050, showcasing its dedication to sustainable practices and innovative energy solutions.
Topics
Green Hydrogen
Renewable Energy
Green Technology
Energy Storage
Power Generation
Sustainable Development
Innovative Solutions
Grid Stability
Industrial Decarbonisation
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