India’s renewable energy projects have evolved from standalone solar and wind installations to highly customized hybrid power projects, often incorporating energy storage solutions.

Power distribution companies are now analyzing demand patterns and requesting that renewable energy producers specifically address peak demand and deliver firm dispatchable power 24/7 with additional customization based on each state or location.

Hybrid projects will play a big role in India meeting its burgeoning power demand by overcoming the intermittent nature of renewable energy. By adding energy storage solutions to the equation, they could emerge as a viable option not only to meet the requirements of distribution companies but also to help maintain grid stability.

Many government agencies at the federal and state levels are coming out with hybrid power tenders to meet the demands of round-the-clock power from DISCOMs and end-users. As energy storage tariffs drop, hybrid plus storage projects are expected to become more economical in the future.

In a dedicated session at the Fourth Mercom India Renewables Summit 2024 in New Delhi scheduled for July 25-26, key industry insiders will exclusively discuss all the issues around the hybrid power projects. At the session ‘Made-to-Order: The Future of Hybrid Power Projects,’ developers and other stakeholders will explore strategies to meet DISCOMs’ requirements and discuss the current and emerging trends in hybrid power demand.

The panel will feature Ajay Kumar Sinha, Additional GM (Contracts and Procurement) at Solar Energy Corporation of India (SECI), Sunil Gupta, CEO of Azure, and Vivek Srivastava, Chief Executive Officer, Suzlon, Purnendu Chaubey, VP of ReNew and Ashutosh Vyas, Head – Energy Business (Utility), Hero Future Energies.

The 2024 Summit will also host two celebrated side events: the fourth Mercom India Awards and the second edition of the Cleantech Startup Pitch Competition.

The Mercom India Awards, recognized as one of the solar industry’s most prestigious accolades, will honor outstanding achievements and spotlight the sector’s transformation.

The Cleantech Startup Pitch Competition will showcase innovative startups, allowing them to present their novel technologies and solutions to potential investors, fostering further innovation and growth.

Register now to attend the event and contribute to shaping the future of India’s vibrant renewable energy landscape.