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Telangana covers an area of approximately 115,000 square kilometers with a population of about 35 million, predominantly composed of Telugu people. It ranks third among all Indian states in terms of per capita GDP.
With India aiming to achieve 500 GW of renewable energy by 2030, the demand for efficient energy storage systems has surged. Inovance’s cutting-edge energy storage technology is directly addressing the challenges faced by India’s power grid, including frequent power outages, voltage fluctuations, and the limitations of existing infrastructure. A key application of this technology will be at a solar power facility in Telangana: Inovance’s tailored energy storage solution is poised to optimize the facility’s power output and play a crucial role in enhancing the stability of the regional power grid.
Key Benefits of the Project:
Grid Stability in Extreme Conditions: The core equipment of the energy storage system can adapt to high temperature conditions and can operate reliably even in Indian climate conditions.
Cost Reduction and Energy Efficiency: Inovance's energy storage system is deeply integrated with photovoltaic power generation, enabling users to avoid peak electricity tariffs and generate revenue from otherwise curtailed solar energy, thereby reducing annual electricity costs by up to 42%. Meanwhile, the system discharges stored energy during nighttime or overcast conditions to ensure a stable 24-hour local power supply.
The system is set to be officially operational by the end of this year, establishing a benchmark for photovoltaic and energy storage applications in India. As the country continues to expand its renewable energy capacity, Inovance's innovative technological solutions will continue to play a pivotal role in supporting India's energy transition.
This project reaffirms Inovance Technology’s commitment to delivering reliable, cost-effective, and sustainable energy solutions—all while contributing to India's green energy transformation.