Successful bid price of utility scale ESS project in New Zealand 2025

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About Successful bid price of utility scale ESS project in New Zealand 2025

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3 FAQs about [Successful bid price of utility scale ESS project in New Zealand 2025]

How much is a 'solar + 4 hour ESS' tariff?

The latest reverse auction has resulted in a record low tariff of Rs 3.32 per unit for a “Solar + 4-hour ESS”. This tariff was achieved in a tender by SJVN Ltd for a project that includes 1200 MW of solar power combined with 600 MW/2400 MWh of energy storage.

How low is sjvn tariff compared to SECI's Dec 2024 rate?

Record-low ₹3.32/unit tariff set for solar + 4-hr energy storage projects in SJVN auction, 5.8% lower than SECI’s Dec 2024 rate.

How much lower is a solar ESS tariff than a WSH tender?

This newly discovered tariff is approximately 5.8% lower than a similar tender auctioned by SECI in December 2024. Notably, the tariff discovered is identical to those found in the latest auctions of wind solar hybrid (WSH) and significantly lower than vanilla wind tenders. Figure 1: Utility-scale “Solar + ESS” tender auctions in India