Director and CEO - Renewable Business at Enrich Energy Enterprise Business Leader | P&L | Business Strategy | Renewable | Energy Storage
Some Analysis on current SECI Solar + storage bid which will drive renewable market more toward flexibility and dispatchable power. Discovery of 3.41 tariff in 1200MW/1200MWh, means by paying additional 80 paise Discom can get 2hrs peak dispatchable power @ 600MW/1200MWh.( considering 2.60 for pure solar tariffs) Considering 18 to 20% power to be supplied through battery and rest is direct solar(@2.6 per KWh) will result in 6.75 per kWh power through battery. With 15% Rte losses and 2.6 solar power will make battery storage cost less than Rs. 4. Going forward with many Gwh factories getting commissioned world wide and in India will driver this cost much lower and solar plus storage may address most of the peak power and duck curve issues. This will help more addition of RE power without putting stress on grid. Solar Energy Corporation of India Limited , Ministry of New and Renewable Energy (MNRE) SJVN LIMITED NTPC Limited NHPC Limited Hero Future Energies Enrich Energy
We are happy to share that Hero Future Energies has successfully secured capacity of 250 MW under SECI’s ISTS-connected Solar with ESS tender (Tranche-XV). We remain committed to accelerating India’s energy transition. Srivatsan Iyer Rahul Munjal Ashutosh Vyas Ankit Sharma #HFE #SolarandESS #SolarEnergy #BidWin #EnergyTransition #CleanEnergy Photo is for representation purposes only.