PTC India’s call for 1 GW hybrid wind-solar power receives offers for 3.5 GW
The power trading solution provider’s call for expression of interest to supply 1 GW of hybrid wind-solar power received a response from 14 renewable energy developers, including domestic as well as international players.
Karnataka attracts massive investments in wind-solar hybrids
Ayana Renewable Power, Azure Power, EDF Renewables India, Sterlite Power, Torrent Power, and Vena Energy have committed investments in wind-solar hybrid projects in the state.
SECI launches 1.2 GW hybrid wind-solar-storage tender
Developers have until Dec. 12 to bid to set up a cumulative 1.2 GW of wind-solar-storage hybrid capacity on a build-own-operate basis, anywhere in India.
Tata Power targets 10 GW of renewables portfolio in Rajasthan in next five years
Tata Power is looking to expand its renewable power portfolio in Rajasthan to 10 GW in the next five years, from around 5 GW at present. It will also set up solar manufacturing units in the state.
Adani Green switches on 600 MW wind-solar hybrid power plant in Rajasthan
Adani Green has commissioned the world’s largest co-located wind-solar hybrid power plant. The plant comprises 600 MW solar and 150 MW wind power capacity in Rajasthan. It benefits from 25-year power purchase agreements with the Solar Energy Corp. of India at INR 2.69 ($0.033)/kWh.
Canadian pension fund invests in Mahindra’s renewables arm
Mahindra Group has agreed to sell a 30% equity stake in Mahindra Susten to the Ontario Teachers’ Pension Plan for around $300 million. The two parties have also agreed to set up an infrastructure investment trust so Mahindra Susten can strengthen its solar, hybrid energy, and integrated storage businesses, as well as its round-the-clock green energy plants.
The long read: What does India’s National Wind-Solar Hybrid Policy mean?
In May 2018, India’s Ministry of New and Renewable Energy adopted the National Wind-Solar Hybrid Policy. Though paltry when it comes to offering incentives or preferential treatment to solar-wind-hybrid (SWH) projects, the policy aims to enable more SWH projects to efficiently utilize transmission infrastructure and land, as well as reducing variability in renewable generation and thus improving grid stability.
UPL partners CleanMax on 61.05 MW wind-solar project for self-consumption
UPL, a Mumbai-based sustainable agricultural solutions provider, will commission a 61.05 MW captive wind-solar project in a joint venture with developer CleanMax. The project will be located in Gujarat.
SECI tenders 2.25 GW of round-the-clock power from renewable hybrids
Prospective developers in Solar Energy Corp. of India’s latest tender will set up renewable energy projects to supply round-the-clock power. The projects can be located anywhere in India. Bidding closes on Oct. 10.
KPI Green ventures into wind-solar project development
Gujarat-based KPI Green Energy is developing a 16.10 MW wind-solar hybrid power plant in Gujarat. It expects the project to go online in March 2023.
