ReNew announces affiliate relationship with StorageX initiative

ReNew Power has signeda collaboration agreement with the Precourt Institute for Energy at Stanford University for its StorageX initiative for New Energy Storage System Technology Development.

StorageX is an academic-industry-government initiative to solve the challenges in battery storage. The collaboration plans to initially focus on challenges surrounding grid level battery usage and performance in India, and also optimizing the performance of storage assets, to ensure stable and firm power supply to the grid.