Electrovaya to supply battery storage to accompany renewable generation at telecom sites in India

Electrovaya offers integrated battery systems for a variety of applications
Electrovaya offers integrated battery systems for a variety of applications

Electrovaya Inc. (Toronto, Canada) has signed a memorandum of understanding (MoU) with Environ Energy Corporation India Pvt. Ltd. (Kolkata, India) to supply lithium ion battery-based storage solutions for renewable energy installations for telecom applications in India.

Under the MoU, Electrovaya would supply renewable energy management solutions across the 15,000 telecom towers that Bhaskar plans to build in India. This follows on a Telecom Regulatory Authority of India (TRAI) decision mandating renewable energy power for telecom towers.

"We have been researching opportunities in the solar industry for some time and have been awaiting an opportunity that could leverage the growing recognition by key regulators about the need to replace diesel generators with clean technology environmentally-friendly energy storage solutions," says Environ Energy Telecom Head Partha Chatterjee.

"The large size of the market, combined with the growing cost of diesel energy solutions and the financing available for such projects, makes this a very exciting opportunity."

 

MNRE 30% subsidy for off-grid PV systems

In addition to the TRAI mandate, India's Ministry of New and Renewable Energy is currently offering a 30% capital subsidy for solar systems accompanying off-grid telecom towers up to INR 90 (USD 1.6) per watt peak.

Electrovaya notes that its technology has been commercialized and brought to market with the support of Sustainable Development Technology Canada.


 

 

 

 

2012-11-11 | Courtesy: Electrovaya | solarserver.com © Heindl Server GmbH

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