A wind and energy storage installation in the Netherlands. Credit: Alfen
Solar Energy Corporation of India (SECI) has reached out to industry to establish how much interest there is in providing EPC services for a 160MW solar-wind hybrid project coupled with energy storage in the state of Andhra Pradesh.
Shaurya Bajaj, analyst at consultancy firm Bridge to India, told PV Tech that SECI will own the pilot project and it will be financed with help the World Bank, IBRD and Clean Tech Fund to the tune of US$200 million.
This project, tentatively located in Ramgiri district, would certainly be the largest and amongst the first of its kind built in India. However a smaller pilot project is also being planned in Kerala, as reported by PV Tech back in December.
SECI clarified that the aim of its notice was only to learn about the market scenario for the solar and wind hybrid project, along with the suitable deployment of energy storage solutions. It also wants to gain an idea of eligible interested national and international bidders, their financial and technical capacities, relevant experience in the sector and their capacity and interest to participate in the pilot. This is not part of the initial selection process or contract award.
Bajaj described SECI’s procurement notice as innovative – adding: “Since the draft wind-solar hybrid policy was announced in 2016 not much has happened on ground, same is the case for utility-scale storage. It seems that MNRE wants to build a pilot project to encourage the adoption of new RE technology in the country.”
Shared infrastructure for the project will be provided by New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) while transmission evacuation facilities will be provided by Andhra Pradesh Transmission Company Limited (AP Transco).
Power generated from the project will be sold by SECI to the potential off-takers including Andhra Pradesh distribution companies (Discoms) via a long-term power purchase agreement (PPA).
In August 2016, Andhra Pradesh released a draft document outlining its plans for 3GW of wind and solar hybrid projects by 2019/20, which followed the Ministry of New and Renewable Energy's (MNRE) release of a draft national Wind-Solar Hybrid Policy targeting 10GW by 2022.
The PV IndiaTech 2020 conference will continue to bring together all key domestic and overseas stakeholders, including government bodies, investors, and the leading companies today from manufacturing to O&M and asset management. To thrive globally as a major PV power beyond 2020, India has to succeed in unlocking its potential both to manufacture and to lay claim to quality utility-scale solar farms that are providing high returns on investment to site owners.
Now in its sixth successful year, Solar & Storage Finance USA is the only event which looks at raising capital for solar, storage and collocated solar and storage projects in the USA. The conference will help delegates understand how providers are evolving propositions for storage and how they can access capital for standalone solar or storage, and co-located projects. Meet debt providers, funders, utilities, corporate off takers and blue chip energy firms with capital to invest and developers with credible pipelines.