India wraps up 1.2 GW renewables-plus-storage tender at $0.069/kWh

Solar Energy Corp. of India (SECI) has concluded its auction for 1.2 GW of renewable energy capacity paired with energy storage systems. The tender is designed to deliver 4.8 GWh of assured peak power each day. Adyant Enersol secured 100 MW, Serentica Renewables won 600 MW, and AMPIN Energy took 199 MW, with the remaining capacity allocated to ACME Solar. SECI will sign 25-year power purchase agreements (PPA) with the successful bidders.