Andhra Pradesh Chief Minister Chandrababu Naidu said around 100-150 acres of land has been allocated to develop energy storage facilities in the state.
The announcement came at the inauguration of the world's first-ever high energy storage device developed by Bharat Energy storage technology (BEST) earlier in the day.
Speaking on the occasion, Naidu said that as part of the second phase of the power sector reforms, priority was being given for alternative energy sources and storage facilities.
"There is a huge potential for solar energy and no other country can beat India in solar energy. A 1000 MW solar energy plant has been set up in Kurnool district. In addition, solar pump sets were distributed to farmers in Vizianagaram district," he added.
Furthermore, the Chief Minister said Amaravati city would be developed as a green city with 50 per cent green cover and renewable energy, keeping in mind the demand for energy storage in agriculture, industries, transport, telecom and disaster management sectors.
"Smart power grid would be developed in Andhra Pradesh. The state government is giving priority for solar and wind energy in Kadapa, Anantapur and Kurnool," he noted.
On the sidelines of the launch, officials from IIT Roorkee entered into a Memorandum of Agreement with Bharat Energy Storage Technology (BEST) Pvt Ltd on renewable and sustainable energy technologies for research and industrial collaboration.
Australia's Griffith University Australia also entered in a MoU with BEST in the energy storage sector.
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