India launches 1.2 GW renewables-plus-storage tender

Solar Energy Corp. of India (SECI) has opened bidding for 1.2 GW of renewables with 4.8 GWh of storage to supply peak power under 25-year contracts.From pv magazine India SECI has issued a tender inviting bids for the development of 1.2 GW of renewable energy projects coupled with energy storage systems to ensure an assured peak power supply of 4.8 GWh (1,200 MW x four hours) daily. The projects will be developed on a build-own-operate basis. SECI will sign 25-year power purchase agreements (PPA) with successful bidders, acting as an intermediary between developers and the buying entities, which ...

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