Panasonic, AES to install energy storage project in Haryana

Panasonic along with US-based sustainable energy provider AES would install a joint project of 10 MW energy storage array at Jhajjar, Haryana.
Both the firms have entered into an agreement to set up a battery-based energy storage project at Panasonic's Techno park manufacturing facility at Jhajjar, said a joint statement by Panasonic India and AES India.
This is India's first large-scale battery-based energy storage project, it added.
The joint project would provide reliability and back-up to the manufacturing facility, while demonstrating grid stability and renewable integration services in the region.
"This association further establishes our commitment and capabilities to providing smart energy storage solutions. Set to transform the energy storage landscape, Panasonic India looks forward to this association, which will help offer grid stability and improved ancillary services," Panasonic India President & CEO and Executive Officer of Panasonic Corporation Manish Sharma said.

President of AES' Strategic Business Unit in Asia, Marty Crotty said: "We are excited to bring Advancion, the most proven energy storage system available globally, to India."

AES operates 116 MW of energy storage projects around the globe and this project would signify its entry into commercial and industrial energy storage market.
Panasonic will be supplying Advancion Certified batteries for this initial project.
"This is the first commercial energy storage project with AES and the companies are working on a roadmap to expand the scope of the partnership to meet the growing needs of the global market," the statement said.

AES Corporation is a Fortune 200 global power company and provides affordable, sustainable energy to 17 countries.