Quantcast
Channel: Installations – pv magazine International
Viewing all articles
Browse latest Browse all 2641

JSW Energy, Reliance Power win SECI’s new 1 GW/2 GWh storage tender

$
0
0

JSW Neo Energy and Reliance Power have secured 500 MW each in Solar Energy Corp. of India’s (SECI) latest tender to set up 1 GW/2 GWh of standalone battery energy storage projects.

From pv magazine India

SECI has allocated 1 GW/2 GWh of standalone battery energy storage capacity at a monthly average price of $4,551.33/MW.

JSW Neo Energy won 500 MW, while Reliance Power secured the balance 500 MW at the second-lowest tariff, against a bid quantity of 1 GW.

SECI will sign battery energy storage purchase agreements (BESPA) with successful bidders to provide energy storage facilities to buyers based on the tender's terms and conditions.

Developers selected by SECI will establish the battery energy storage systems (BESS) on a build-own-operate basis at their chosen locations.

SECI will procure energy storage from these systems on behalf of various Indian buying entities.


Viewing all articles
Browse latest Browse all 2641

Latest Images

Trending Articles



Latest Images