Wind Energy Tariffs Stabilize At 3.8¢/kWh In Latest India Auction
Wind energy tariff bids in India have stabilized, at least for the moment, and once again matched the lowest solar power tariff in the country.
Wind energy tariff bids in India have stabilized, at least for the moment, and once again matched the lowest solar power tariff in the country.
On the heels of the wind energy auctions held by the Solar Energy Corporation of India (SECI) last year, the agency has launched a solar power tender as well.
After two failed attempts to attract competitive rates for renewable energy storage projects, the Solar Energy Corporation of India (SECI) has issued yet another document to gauge the interest of developers and stakeholders in such a project.
Giving an overview of what to expected over the next few months, the Solar Energy Corporation of India announced three tenders for solar power projects within the first week of this year.
Within 10 months of introducing competitive auctions in the wind energy sector, India has witnessed a sharp correction in tariff bids by project developers. The major reason for this sharp correction is the virtual ban on allocation of wind energy projects under the feed-in tariff regime.
The Indian government has expressed intentions to launch another highly ambitious solar power program. The Ministry of New & Renewable Energy is exploring the appetite for setting up floating solar power projects.
India auctioned off 750 megawatts of utility-scale solar power capacity over the last few days to wrap up a highly eventful 2017 that saw new records being created in terms of tariffs.
The Ministry of New & Renewable Energy in India plans to add yet another record-breaking project in its portfolio and it has chosen the district of Anantapur in the state of Andhra Pradesh where it plans the world’s largest solar-wind hybrid project.
India’s Ministry of New & Renewable Energy has shared details of the largest wind energy tender ever in the country.
Wind energy capacity addition in India has dried up, falling to perhaps to its lowest quarterly value.