India presents an “enormous potential” for the development of solar and wind hybrid power systems, with more than 12.3GW of collocated tenders issued in the country to date.
Reports indicate the state-owned utility intends to invest CNY23 billion (US$3 billion) in the hybrid plant, set to come online in 2021 and produce 400,000-500,000 tonnes of hydrogen per year.
Firm will partner with local utility RusHydro to equip diesel plants with solar and storage in scheme backed by Russian state's Far East Development Fund.
