India is rapidly embracing hybrid renewable power, combining solar PV and storage, as the next big wave in its clean energy strategy. With utility tenders increasingly bundling generation and battery storage, the period 2027–2030 is shaping up to be transformational for both project design and investment flows, according to GlobalData, a leading intelligence and productivity platform.
GlobalData’s latest report, “India Power Market Trends and Analysis by Capacity, Generation, Transmission, Distribution, Regulations, Key Players and Forecast to 2035,” reveals that solar-plus-storage tenders are rising sharply, breaking ground on hybrid formats that offer more predictable dispatch and value to utilities and consumers alike—especially as midday solar peaks meet evening demand.
Attaurrahman Ojindaram Saibasan, Power Analyst at GlobalData, comments: “Hybrid power is no longer experimental in India—it’s becoming mainstream. Solar plus battery tenders are increasing not just in volume, but in importance; they reduce revenue risk, improve grid flexibility, and help avoid costly curtailment in a sector growing by hundreds of GW. To sustain this momentum, auction design, grid readiness, and regulatory certainty must improve.”
