SECI Plans Tender for 500 MW Solar Thermal Capacity by FY25; says SECI Chairman
This will be the first time in India that such a tender is floated on this scale. The projects under the 500 MW tender will have advanced technology where steam would be generated through heat, and it would also help in running turbines
July 05, 2024. By News Bureau
Solar Energy Corporation of India Limited (SECI), has announced to float a tender for 500 MW of solar thermal capacity by the end of FY25, its Chairman and Managing Director R.P. Gupta said.
Addressing India Energy Storage Week (IESW), Gupta, said, "SECI is expected to issue a tender for 500 MW of solar thermal capacity by the end of FY25. This will be the first time in India that such a tender is floated on this scale. The projects under the 500 MW tender will have advanced technology where steam would be generated through heat, and it would also help in running turbines."
The Energy Storage session at IESW focused on energy storage for 500 GW renewable, grid modernization, and decarbonisation of the commercial and industrial sectors, key central and state government policies, industry adoptions, the role of energy storage in the electricity value chain, BESS systems for the Indian Grid, and other forms of energy storage beyond batteries.
The energy transition is critical for achieving the Net Zero objective by 2070. Energy efficiency in generation, transmission, and consumption will become increasingly critical. New technologies such as gravity storage, CO2 stone storage solutions, etc. are bringing a huge change to the industry. There is a big market for energy storage, and at every stage, there are immense opportunities that the industry can exploit.
Dr. Rahul Walawalkar, President and MD, CES India and President, India Energy Storage Alliance (IESA), said, "Safety is a significant area where we need to deploy new measures and technologies. I urge the industry to not compromise on safety. As India is moving towards a big vision to scale up its GWh capacity, we cannot afford any mistakes. We have to grow economically, environmentally, and safely, moving away from the low-pricing model."
Ghanshyam Prasad, Chairperson CEA, Ministry of Power, said, "Grid is facing a challenge on the ops side of it; regulations are an area of challenge. In the last 14–15 months, 47 disturbances affected 1000 MW and are going as high as 3,700 MW. We need to keep adding RE and ensure grid disturbance doesn't occur. In India, peak load experience is during the day hours, 2–3 pm. We need to focus on measures to improve the grid during the evening hours, and therein, storage will play a big role in the evening hours."
Reflecting its role as a global platform, IESW 2024 aims to showcase Indian innovations to the international battery and energy storage community while facilitating partnerships for global companies entering India's battery market.
Addressing India Energy Storage Week (IESW), Gupta, said, "SECI is expected to issue a tender for 500 MW of solar thermal capacity by the end of FY25. This will be the first time in India that such a tender is floated on this scale. The projects under the 500 MW tender will have advanced technology where steam would be generated through heat, and it would also help in running turbines."
The Energy Storage session at IESW focused on energy storage for 500 GW renewable, grid modernization, and decarbonisation of the commercial and industrial sectors, key central and state government policies, industry adoptions, the role of energy storage in the electricity value chain, BESS systems for the Indian Grid, and other forms of energy storage beyond batteries.
The energy transition is critical for achieving the Net Zero objective by 2070. Energy efficiency in generation, transmission, and consumption will become increasingly critical. New technologies such as gravity storage, CO2 stone storage solutions, etc. are bringing a huge change to the industry. There is a big market for energy storage, and at every stage, there are immense opportunities that the industry can exploit.
Dr. Rahul Walawalkar, President and MD, CES India and President, India Energy Storage Alliance (IESA), said, "Safety is a significant area where we need to deploy new measures and technologies. I urge the industry to not compromise on safety. As India is moving towards a big vision to scale up its GWh capacity, we cannot afford any mistakes. We have to grow economically, environmentally, and safely, moving away from the low-pricing model."
Ghanshyam Prasad, Chairperson CEA, Ministry of Power, said, "Grid is facing a challenge on the ops side of it; regulations are an area of challenge. In the last 14–15 months, 47 disturbances affected 1000 MW and are going as high as 3,700 MW. We need to keep adding RE and ensure grid disturbance doesn't occur. In India, peak load experience is during the day hours, 2–3 pm. We need to focus on measures to improve the grid during the evening hours, and therein, storage will play a big role in the evening hours."
Reflecting its role as a global platform, IESW 2024 aims to showcase Indian innovations to the international battery and energy storage community while facilitating partnerships for global companies entering India's battery market.
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