SECI launches 1 GWh CfD pilot with plans for 10 GW
pre-market1 source ↓written by the desknot a recommendation
- tender
- 1 GWh pilot
- scale
- 10 GW
- of peak power
- 1,500 MWh
The Solar Energy Corporation of India (SECI) has initiated a 1 GWh pilot tender under the Contract-for-Difference (CfD) framework, targeting peak power supply. This initiative aims to enhance the reliability of renewable energy during peak demand periods. SECI plans to scale this to 10 GW, promoting flexible and efficient power markets.
• 1,500 MWh of peak power sought from renewable developers
• Focus on ISTS-connected projects
This move is significant for the renewable sector, potentially boosting investor confidence and market dynamics.
Not investment advice. For informational purposes only.