Featured in Further upstream – 10-2024

Hybrids powering the renewables rollout

Growth in India’s renewable energy sector has been remarkable, driven by the government’s ambitious net-zero target, supportive policy, and falling technology costs. Now, as the country looks to integrate more renewable energy into its grids, Crisil’s Sehul Bhatt finds that hybrid systems, combining solar, wind, and energy storage are proving an attractive solution.

 Energy industry players and offtakers are weighing the benefits and prospects of “pure-play” versus hybrid renewable energy systems – the latter combining solar, wind, and energy storage elements in varying ratios. A quick analysis of India’s energy tariffs indicates solar power is preferred to wind. Hybrid systems, however, provide better generation and round-the-clock power availability, …

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