Wind industry looking forward to wind-solar hybrid policy to thrive - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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At the recent 750 MW Rewa solar park auction in Madhya Pradesh, solar tariffs witnessed a dramatic crash. Levelized tariff for 25 years hit the record low of of Rs.3.29/kWh — a full Rs. 1 lower than previous record of Rs.4.34/KWh at a Rajasthan auction in Jan 2016. The low for first year tariff was Rs.2.97/kWh.

As this Business Line article points, such low tariffs has got the wind industry a little worried. According a leading wind industry manufacturer, wind energy at the moment can compete maximum down to Rs.4.20/kWh, though future technology improvements are expected to bring that figure down by 10%.

More key, the wind industry is looking forward to more happening on the policy front for wind-solar hybrid production. A clear policy environment will help the wind industry work with the solar industry instead of competing with them. As non-firm renewable energy in the Indian grid rapidly increases, hybrid production will help with balancing the grid.

Also check out: EAI Consulting for Solar Energy – Solar PV & Solar Thermal

About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.


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