January 7, 2021 Read More →

Adani 600MW wind-solar hybrid planned by subsidiary

ESI Africa:

Adani Renewable Energy Holding Eight, a subsidiary of Adani Green Energy, has won a contract to build a 600MW wind-solar hybrid power project in India.

The fixed tariff for this project capacity is Rs. 2.41/ kWh ($0.032/kWh) for a period of 25 years.

The tender was awarded by the Solar Energy Corporation of India (SECI). Other winners in the 1.2GW SECI auction were ABC Renewable Energy, a subsidiary of Axis Energy, and AMP Energy, which secured 380MW and 130MW of capacity respectively and also received tariffs of INR2.41/kWh ($0.032/kWh). ACME Solar was awarded 90MW with a tariff of INR2.42/kWh ($0.033/kWh). 

According to the Institute for Energy Economics and Financial Analysis, India’s solar-wind hybrid capacity is set to reach 11.7GW by 2023, and such facilities could play a major part in helping India reach its clean energy deployment goals.

[Staff Report]

More: Wind-solar hybrid project to aid India’s decarbonisation efforts

Posted in: IEEFA In the News

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