'Enormous potential' for wind-solar hybrid power in India
- India presents an "enormous possibility" for the advancement of solar and also wind hybrid power systems, with more than 12.3 GW of collocated tenders released in the nation to day.
That's according to a recent report from market expert JNK Research, which suggests that incorporating both intermittent power systems right into one hybrid project would certainly make certain higher integrity and security in India's electrical power grid.
Last October, JMK Research anticipated that India's wind-solar hybrid ability will certainly get to 11.7 GW by 2023.
The Indian government launched its National Wind-Solar Hybrid Policy in 2018 in an initiative to boost the nation's grid security and offer a framework for large-scale projects, and India's designers have currently begun working in the direction of even more hybrid implementation this year. In January, the Solar Energy Corporation of India (SECI) executed an auction that saw 1.2 GW of capacity granted to firms such as Adani Green Energy, whose subsidiary got an agreement to construct a 600MW solar-wind hybrid project.
The complete capability provided in tenders for hybrid systems in the country currently stands at 12.33 GW, with 6.26 GW of this capacity allocated, according to JMK Research, which added that Adani and also ReNew Power are "the most active gamers" in India's wind-solar hybrid market.
Hybrid tenders, the report claimed, have gotten a "excellent feedback from the market, and also are mostly totally subscribed with the most affordable winning tariff in the variety of Rs 2.41/ kWh- Rs 3.24/ kWh."
