India Secures Record-Low Solar Storage Tariff

India has achieved its lowest-ever tariff for solar power with battery storage, marking a turning point in renewable energy pricing. CEIGALL India and ACME Solar won clean energy bids at ₹2.70/kWh and ₹2.764/kWh, respectively, setting rates below many coal projects. The winning projects will deliver 220 MW of power during the day using solar panels and supply stored electricity in the mornings and evenings. Batteries will also be charged with cheaper night-time grid power to ensure round-the-clock reliability. Officials said this breakthrough could guide other states to adopt renewable storage solutions, helping India move closer to its 2030 goal of 500 GW non-fossil capacity while steadily reducing dependence on coal.