05-Aug-2024 03:26 PM
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Chennai, Aug 5 (Reporter) The IITM Research Park on Monday officially launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system.
It was launched in the presence of Michelle Lujan Grisham, Governor of New Mexico, a release
from IIT-M Research Park said.
This technology, indigenously designed and developed by the Center for Excellence in Energy
and Telecommunications (CEET) is a part of IITM Research Park’s 10x initiative, ‘Towards 100
per cent Renewable Energy’.
As buildings move towards installing their own renewable energy systems, reliable storage solutions are imperative and yet the unavailability of such technology remains a challenge, underscoring a critical gap.
This ready-to-deploy and modular battery storage system, a first in India for a stationary storage system in a building campus (previously dominated by EV battery solutions), addresses this gap
by facilitating a cost-effective solution towards an RE powered transition. Now fully operational,
this energy storage system is fuelled with wind and solar energy and raises the campus's renewable
energy share to 90%.
This will serve as a model for commercial complexes, and manufacturing units aiming to transition
to entirely green energy while remaining profitable. IIT Madras Research Park has formed the
“Zero to Green Alliance” to replicate this approach widely across the buildings and industrial sector and aims to drive action to accelerate the transition towards a Net-Zero Future.
Following the launch, a round-table discussion, joined by Tamil Nadu IT and Digital Services Minister Dr. Palanivel Thiagarajan was held with select delegates across industry, startups and academia focusing on climate change and renewable energy to devise strategies on how the Research Park and the United States can work together in co-developing technologies.
Industry leaders and startups from the Research Park, along with IIT Madras professors and subject matter experts shared expertise on sustainable heating and cooling, large storage batteries, hydrogen, solar, wind energy, sustainability, recycling, and cybersecurity for energy systems.
The Governor of New Mexico said, "We are moving as quickly and fiercely away from fossil fuels.
We are in the technological race to the top in the transition. This partnership aims to ensure we are
leaning to carbon capture and sequestration as well as demonstrate that we can accelerate opportunities for the private sector and education in the context of exchange.”
Dr Palanivel Thiagarajan said “There is huge potential for offshore wind in Tamil Nadu due to its extensive coastline. The government is working on policy, regulations, incentives, and infrastructure to facilitate improvements.”
He commended IIT Madras and the IIT Madras Research Park as vital assets across domains for attracting investments, fostering innovation, and adding value through the exchange of ideas.
The discussions and introduction of the large-scale battery storage solution is an important advancement in India’s energy sector to end reliance on carbon emitting fossil-based sources and
enable a complete transition towards a net-zero future...////...