MUMBAI: Waaree Renewable Technologies Limited announces the receipt of a Letter of Award (LoA) from Continuum Green Energy Limited for the EPC work for 40 MWhr battery storage. The projects will be located at wind-solar hybrid sites in Gujarat. The total project cost is estimated at INR 40 crores.
The technology for these projects will utilize lithium iron phosphate (LFP) based liquid-cooled containerized BESS solution. This project will be executed as a Lump Sum Turnkey Project agreement, consolidating the solar project as a single Battery Storage. WRTL marks its major milestone in becoming an integrated EPC company.
Viren Doshi, Director of Waaree Renewable Technologies Limited stated, “The said project is expected to significantly enhance the efficiency and reliability of renewable energy in Gujarat. By integrating these systems, we aim to provide a robust infrastructure that supports the growing demand for sustainable energy. We are pleased to receive this repeat order, which demonstrates our customers’ trust in our ability to deliver and highlights our disciplined approach to achieving results on time and within budget. This partnership supports our commitment to a sustainable future.”
Arvind Bansal, CEO, of Continuum Green Energy Limited, stated, “This collaboration marks a significant step towards integrating energy storage solutions in our wind-solar hybrid renewable projects for our industrial consumers. We are confident that Waaree Renewable Technologies’, execution excellence and commitment to on-time delivery, will help us achieve our shared vision of a greener tomorrow”.
