India launches tender for 1 GW round-the-clock renewable power
Solar Energy Corp. of India (SECI) has started accepting bids to develop 1 GW of round-the-clock renewable power projects, with energy storage systems required to ensure continuous supply.
ACME Solar signs 190 MW hybrid PPA with SECI in India
ACME Solar Holdings has signed 25-year 190 MW wind-solar hybrid power purchase agreement (PPA) with Solar Energy Corp. of India (SECI) requiring 50% annual capacity utilization factor and 80% daily peak supply obligation.
India wraps up 1.2 GW renewables-plus-storage tender at $0.069/kWh
Solar Energy Corp. of India (SECI) has awarded 1.2 GW of renewables-plus-storage capacity, covering 4.8 GWh of daily peak supply, at a lowest tariff of INR 6.27 ($0.069)/kWh.
India’s SECI awards 1.2 GW of solar, 600 MW/3,600 MWh of storage at $0.035/kWh
Solar Energy Corp. of India (SECI) has concluded a tender for 1.2 GW of interstate transmission system-connected solar projects paired with 600 MW/3,600 MWh of energy storage, with tariffs as low as INR 3.12 ($0.035)/kWh.
India tenders 1 GW of pumped storage to bolster grid-scale energy storage
India has opened bidding for up to 1 GW and 8 GWh of pumped storage capacity, seeking long-duration energy storage projects to supply power distribution companies and other buyers under long-term contracts.
India’s solar-plus-storage tender sets record low INR 2.86 tariff
India’s Solar Energy Corp. (SECI) 2 GW solar and 4 GWh storage auction reached a record-low INR 2.86 ($0.033)/kWh, with Shivalaya Construction winning the largest 600 MW allocation amid strong competition.
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.
Jakson Green secures 85,000 MT green ammonia at record-low INR 50.75/kg
Jakson Green secured 85,000 metric tons (MT) per year in Solar Energy Corp. of India’s (SECI) sixth green ammonia auction at a record-low INR 50.75 ($0.58)/kg, marking the lowest bid to date.
SECI sets new record with $0.59/kg green ammonia auction price
Solar Energy Corp of India (SECI) has discovered a new record-low green ammonia price of INR 51.8 ($0.59)/kg, or around $591.25 per metric ton, in its latest auction. The winning bid was placed by NTPC Renewable Energy Ltd.
India could cut power costs to $50/MWh with solar-wind system by 2050
India could cut electricity costs to about $50/MWh by 2050 by transitioning to a fully wind- and solar-powered system with primarily day-night balancing, according to new modeling that includes generation, grid, and balancing costs – well below current fossil-based wholesale prices.
