{"id":463056,"date":"2022-01-21T08:21:07","date_gmt":"2022-01-21T02:51:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463056"},"modified":"2022-01-21T09:01:55","modified_gmt":"2022-01-21T03:31:55","slug":"renew-power-joins-hands-with-fluence-to-offer-energy-storage-solutions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renew-power-joins-hands-with-fluence-to-offer-energy-storage-solutions\/","title":{"rendered":"ReNew Power joins hands with Fluence to offer energy storage solutions"},"content":{"rendered":"<p>ReNew Power has formed a Joint Venture (JV) with US headquartered Fluence to form a new entity which will provide energy storage solutions in India. The 50:50 JV will target the country&#8217;s storage market, which is estimated to grow to 27 GW by 2030, said the company in a public statement.<\/p>\n<p>\u201cManaged and operated by an independent management team and board, the JV aims to bring market-leading energy storage technology and global experience to Indian customers by localising and integrating Fluence\u2019s energy storage products and packages in India,\u201d the statement said. <\/p>\n<p>The first project the JV will cater to is a 50 MWh battery-based energy storage system (BESS) for ReNew Powers\u2019 300 MW Peak Power Project in Karnataka. In 2019, Fluence delivered India\u2019s first BESS project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ReNew Power has formed a Joint Venture (JV) with US headquartered Fluence to form a new entity which will provide energy storage solutions in India. The 50:50 JV will target the country&#8217;s storage market, which is estimated to grow to 27 GW by 2030, said the company in a public statement. \u201cManaged and operated by an independent management team and board, the JV aims to bring market-leading energy storage technology and global experience to Indian customers by localising and integrating Fluence\u2019s energy storage products and packages in India,\u201d the statement said. The first project the JV will cater to is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-463056","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=463056"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463056\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}