February 11 (SeeNews) - Solar Energy Corporation of India (SECI) will soon start a hybrid tender for a 750-MW photovoltaic (PV) plant equipped with 100 MW of energy storage capacity, The Economic Times said Wednesday.
For the first time in the country, interested solar installers will have to include a small storage system in their solar project bids. The requests are for the Ananthapuramu Solar Park in Andhra Pradesh state’s district of Kadapa.
Until now, India’s renewable energy plans envisaged the quick evacuation of solar power to the grid rather than its storage. Aiming to reduce renewable intermittence and improve its integration into the local grid, the country has decided to make its first steps in the field of energy storage, Indian Renewable Energy Development Agency (IREDA) chairman, KS Popli, was quoted as saying.
As storage costs are still relatively high, however, the proposals in the auction are expected to be higher than the record-low solar bids achieved in the past few months. The projects will be eligible for viability gap funding (VGF), according to the report.