Engie awarded first battery storage project in India

Core Viewpoint - Engie SA has secured its first standalone battery-storage project in India, aiming to capitalize on the renewable energy boom and plans to triple its local clean-power capacity by 2030 [1]. Group 1: Project Details - The awarded storage system project has a capacity of 280 megawatts and is organized by Gujarat Urja Vikas Nigam Ltd, making it Engie's second-largest battery project globally upon completion in 2027 [2]. - Engie's largest battery project is currently located in the United States [2]. Group 2: Strategic Shift - Due to a slowdown in green projects in the US, Engie plans to redirect investments to countries like India, which is expected to accelerate battery installations to meet its clean-power capacity goal of 500 gigawatts by the end of the decade [3]. - The Indian grid is struggling to keep pace with the influx of intermittent solar and wind power generation, highlighting the importance of battery storage as an enabler for renewable growth [4]. Group 3: Capacity Goals - As of June, Engie had 2 gigawatts of renewable capacity in operation or under construction in India and is targeting 7 gigawatts of solar, wind, and storage by 2030 [4]. - The company aims for a total of 95 gigawatts of clean power globally by 2030 [4].