[SMM PV News] US Energy Storage Hit by Policy Shifts

India's Solar Energy Corporation of India (SECI) has launched a tender for 1 GW of round-the-clock (RTC) renewable energy projects under a build-own-operate (BOO) model. A mandatory requirement is the inclusion of energy storage systems (ESS), which can be owned directly or contracted via third parties, and all projects must connect to the interstate transmission system (ISTS). SECI will offer 25-year power purchase agreements (PPAs) to successful bidders, with individual bid capacities ranging from 100 MW to 500 MW. Notably, developers with existing 'untied capacity' from operating or under-construction projects are also eligible to participate and may benefit from extended PPA terms.