Hybridisation of the wind and solar assets is likely to lower the capital cost by 5-7 per cent compared to the cost of standalone wind and solar assets, thus improving the returns for the developers, said a report.
The ministry of new and renewable energy approved the National Wind-Solar Hybrid policy in May 2018 with an objective to reduce variability in generation and to improve the utilisation of common sources like land and evacuation infrastructure.
“Apart from the reduced variability in generation for wind-solar hybrid projects compared to standalone wind or solar projects due to the complimentary nature of generation, the hybrid projects would lead to savings in capital cost in view of the improved utilisation of common infrastructure such as land, approach roads and evacuation infrastructure,” Icra group head – corporate ratings Sabyasachi Majumdar said. Read More
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