Credit: Solar Media
Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) document for 2.5GW of hybrid wind and solar projects to be connected to the Interstate Transmission System (ISTS).
The minimum capacity for a single bidder is 200MW, with a maximum of 500MW. The minimum project size at a single location is 50MW. 25-year power purchase agreements (PPA) will be signed with SECI. An upper ceiling tariff has been fixed at INR2.93/kWh (US$0.043).
India approved its National Wind-Solar Hybrid Policy in May before approving a 2.5GW tender plan, which was praised by consultancy firm Bridge to India, as it did not expect existing wind or solar projects to find a viable means of switching over to hybrid technologies.
However, Delhi-headquartered firm Hero Future Energies inaugurated the country’s first such hybrid project in Karnataka in April by retrofitting an existing wind plant with solar, but for industrial offtakers,
Solar & Storage Finance Asia returning to Singapore for its 5th edition, will be the meeting point for developers, financiers and investors across the region. Explore in depth the opportunities of the different countries via case studies, business and financial models that will foster growth in the region with particular focus on Thailand, Philippines, Indonesia, Taiwan, Korea, Cambodia, Singapore, Malaysia & Vietnam. The programme has been designed to enable you to win business and understand new opportunities in the market. Key topics include floating solar, project finance for PPAs, modernization of the grid and strategies for structuring and designing hybrid deals.