RENEW POWER STEPS FORWARD FOR NEW ENERGY STORAGE SYSTEM TECHNOLOGY DEVELOPMENT

ReNew will benefit from its association with StorageX as the initiative will leverage the resources of partners to overcome barriers in energy storage…

ReNew Power (ReNew), one of India’s leading renewable energy companies, has recently collaborated with the Precourt Institute for Energy at Stanford University and its StorageX Initiative (StorageX). StorageX is an academic-industry-government initiative that aims to solve the most pressing real-world challenges in battery storage. ReNew’s collaboration with StorageX will focus initially on challenges surrounding grid level battery usage and performance in India, with an eye toward optimizing the performance of storage assets, and ultimately driving stable and firm power delivery to the grid.

ReNew will participate in StorageX through the Stanford Energy Corporate Affiliate (SECA) program, which facilitates interactions between organizations and Stanford faculty and graduate students across the full range of energy-related topics. Through its membership in the SECA program, the company will have access to world-class research and opportunities for collaboration on research, education and training.

Speaking about the affiliation, Founder, Chairman and CEO of ReNew Power, Sumant Sinha said, “The collaboration with Stanford’s StorageX Initiative will broaden ReNew’s field of vision and help us in recognizing promising new technologies quickly.

Reliable renewable power generation in India is critical to meeting the government’s goal of putting 450 gigawatts of renewable power online by 2030. ReNew is proud to work with Stanford’s Precourt Institute for Energy in ensuring that economical and efficient energy storage technologies become critical in reducing the intermittency of renewable power in countries around the world.”

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