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India’s promised renewables + storage auction rules set for 1.2 GW

India’s SECI has put out a 1.2 GW tender for renewable energy plus storage, a deal that we think will attract far more attention than previous hybrids which were just solar plus wind. The potential exists for international developers joining the party who have experience with storage projects. The projects can be based anywhere in India, be solar, wind or a hybrid with storage, and their success will potentially upgrade Indian renewables to up to 6 hours of dispatchable power. Very few local developers will have experience with this type of set up, so the award could be significant for renewables in India and stimulate more interest in India. The auction is on a build and operate basis with a…

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