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India’s largest power generation company NTPC, that successfully auctioned 1.2 GW of capacity in its first wind energy tender recently, is now making its mark in the solar-wind hybrid.

Suzlon Energy and CLP India in an agreement will be divesting 49 per cent stake in two of its solar projects of 50 MW and 20 MW in Dhule, Maharashtra.

The wind sector, in the last two years, has not seen much traction due to various reasons. And because of the recent cancellation of auctions in various states, the year will pass with a no-show from the sector that had earlier added 34 GW of capacity.

Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.

Adani Green Energy (AGEL) was established to build on the Adani Group's success and growth story in the renewable energy space. AGEL builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

ReNew Power was founded in 2011 and commenced its operations in 2012 with its first project having a capacity of 25.20 MW, located in Jasdan, Gujarat.

10 MW in 2010 to 21 GW of installed grid-connected solar capacity in 2018 shows the testament of the Government of India's success in supporting renewable energy, especially solar, in India.

According to Badrinarayanan Thirumalai, Head of Business-Solar, Anchor Electricals (A Panasonic Group Company), at the moment only big players can participate in the utility scale hybrid policy.