Oriana Power, a leading energy storage solutions provider, is making significant strides in the field of compact pumped storage and battery energy storage systems (BESS). The company is targeting commercial and industrial (C&I) customers with its innovative compact pumped storage solutions, which aim to provide reliable and efficient energy storage for businesses.
In addition to its compact pumped storage offerings, Oriana Power has also announced an ambitious target of achieving 20 GWh of BESS capacity by 2030. This represents a significant increase from the company’s previous targets, underscoring its commitment to playing a major role in the global energy storage market.
Compact pumped storage is an emerging technology that involves using smaller, more efficient pumps and turbines to store energy in the form of water in underground reservoirs. This approach has the potential to provide a cost-effective and environmentally friendly alternative to traditional pumped hydro storage, which often requires large land areas and significant water resources.
Oriana Power’s compact pumped storage solutions are designed to be scalable and flexible, making them suitable for a wide range of C&I applications. The company’s systems can be used to provide backup power during outages, stabilize the grid, and optimize energy usage, among other benefits.
The company’s BESS target of 20 GWh by 2030 is also noteworthy, as it highlights the growing demand for energy storage solutions in the C&I sector. BESS systems are becoming increasingly popular among businesses due to their ability to provide reliable and efficient energy storage, reduce energy costs, and enhance overall energy resilience.
Oriana Power’s announcement comes at a time when the global energy storage market is experiencing rapid growth, driven by declining technology costs, increasing demand for renewable energy, and government policies supporting the adoption of energy storage solutions. The company’s focus on compact pumped storage and BESS is well-timed, as these technologies are expected to play a critical role in enabling the widespread adoption of renewable energy and reducing greenhouse gas emissions.
Overall, Oriana Power’s efforts to develop and deploy compact pumped storage and BESS solutions for C&I customers are an important step towards creating a more sustainable and resilient energy system. As the company works towards achieving its ambitious targets, it is likely to have a significant impact on the global energy storage market and contribute to a cleaner, more efficient energy future.