With a $3 billion investment, the world’s largest Integrated Renewable Energy Storage Project (IRESP) would be built in Andhra Pradesh’s Kurnool region.
Chief Minister Y S. Jagan Mohan Reddy held the first concrete pour ceremony for the Greenko Group’s project.
The business claims that the 5,230 MW IRESP will help India achieve energy security and facilitate the global energy transition.
This is a first-of-its-kind single-location energy storage installation with wind and solar capacity, according to Greenko. The project will cost more than $3 billion and will include pumped storage (10,800 MWh of daily storage), solar (3,000 MW), and wind (550 MW).
