Wind solar hybrid model struggling to take off in India
Wind solar hybrid model struggling to take off in India In last one year, several central and state agencies issued more than 3.2 GW of wind-solar hybrid tenders. Although, auctions for 2.4 GW of tenders have been materialized, only 1.6 GW is allotted (~35% under subscription). The auctions saw participation from only a handful of developers including Adani, Softbank and ReNew. Because of tepid response from the industry, SECI has scaled down the capacity of one of the tenders from…