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India shuns coal with world’s largest renewables-plus-storage tender

India has closed the world’s largest renewable-plus-storage tender to date, which has achieved the world’s lowest “peak clean electricity tariff” at $0.057 per kWh – a price which continues to make coal not just environmentally, but economically unfeasible throughout the country.   SECI, the Solar Energy Corporation of India, has awarded 1200 MW of solar+storage projects to be developed by two Indian developers; 300 MW for Renew Power and 900 MW for Greenko Energy Holdings. The tender required 600 MW assured supply at peak hours so that’s five hours meaning 3000 MWh available. Renew Power’s 300 MW will use battery technology, while Greenko Energy Holdings’ 900 MW will use pumped hydro storage. According to the original tender, each installation forming…

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