In an attempt to address the intermittent problem of wind and solar power, the ministry of new and renewable energy (MNRE) is working on issuing tenders for pure storage capacity, said J.N. Swain, Managing Director of the Solar Energy Corporation of India, the nodal agency through which MNRE conducts auctions.
“This (intermittent power) is one of the major concerns brought up by grid operators, power companies and utilities. With solar, we have already issued the round-the-clock and the peak power tender,” he said at RE Invest Friday. RE Invest is the flagship event organised by MNRE that is taking place on November 27 and November 28. The event was inaugurated by Prime Minister Narendra Modi on Thursday.
Swain said that the perceived conflict between solar energy and agriculture will need to be resolved. “Solar is the best suited power for agriculture — both grid connected as well as off-grid. As farmers will require more income, they will require assured supply of power,” he said.
India possesses a huge potential of solar power with 750GW and wind power with over 695GW, noted Amitabh Kant, CEO, NITI Aayog. “If these resources are materialised, India’s economy would become a green energy economy and on its way to becoming a net zero emission country,” he said.