Industry experts at the 4th Edition of the International Conference on Stationary Energy Storage India (SESI) 2024 emphasised the rapid deployment of battery energy storage system (BESS) and pumped hydro in India.
Solar Energy Corp. of India (SECI) has invited bids to set up 1.2 GW of solar PV projects linked to 600 MW/1,200 MWh of energy storage systems on a build-own-operate basis anywhere in India. Power procured by SECI from these projects has been provisioned to be sold to the different buying entities of India. Bidding closes on April 30.
The solar auctions concluded recently by NTPC and SECI have yielded an average final price of $0.031/kWh.
JSW Neo Energy had secured 700 MW solar capacity through tariff-based competitive bid in SECI auction for setting up 1.5 GW of ISTS-connected PV projects.
NTPC has invited bids to set up a pilot project for 200 MWh of thermal energy storage system integrated with a thermal power plant to supply 15 MW of additional electrical power.
Solar manufacturers now have until March 26 to bid for domestic manufacturing and supply of solar modules with made-in-India PV cells.
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable RE power in a demand-following manner.
Larsen and Toubro Ltd has emerged as the lowest bidder for the 100 MW floating solar plant to be set up at Getalsud Dam in the Ranchi district.
The winning developers will install battery energy storage systems in Gujarat with the primary objective of making the energy storage facility available to Gujarat Urja Vikas Nigam Ltd for charging/discharging of the BESS on an ‘on demand’ basis.
While the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme is a vital first step, it can be finetuned to generate interest among start-ups and global players.
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