October 27, 2020 Read More →

India wind-solar hybrid capacity expected to approach 12GW by 2023

ETEnergyWorld:

The government should push for wind-solar hybrid (WSH) project tenders and should not keep their tariffs too low in order to go full throttle with such projects in India, industry executives said.

India’s total wind-solar hybrid (WSH) capacity was expected to reach 11.7 gigawatt (GW) by 2023, a whopping 80 times increase, according to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.

“To go full throttle with hybrid projects in India, the government should not only push for such tenders, but also bring a shift in its approach towards tariffs for hybrid projects. Any tariff below Rs 2.6 per kWh would be a deterrent,” Sunil Jain, chief executive officer at Delhi-based renewable energy developer, Hero Future Energies (HFE), told ETEnergyWorld. 

[Aarushi Koundal]

More: Renewable energy industry asks for increased focus on wind-solar hybrid projects

Posted in: IEEFA In the News

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