Ayana and Greenko collaborate for power storage business

Ayana Renewable Power Private Limited (Ayana) has partnered with Greenko Group to store 6GWh power in hydro pump storage plants that Greenko is building at Pinnapuram in Andhra Pradesh.

The arrangement will provide round-the-clock (RTC) green energy to user industries and discoms. The companies intend to use cheap green power during off-peak hours to raise water to a height and then release it into a lower reservoir to generate electricity when the demand for electricity goes up.It is a first of its kind partnership. Greenko and Ayana will provide standalone storage capacity to develop firm and dispatchable renewable energy solutions, including RTC power supply of up to 1GW.