Developers plan to add 14.3GW of battery storage capacity to the grid in 2024.
Residents who participate in the project will receive interest payments and have a say in how the profits are used.
The world’s ninth-largest economy still sources the bulk of its electricity from hydro plants, but wind and solar are taking an ever-larger share of the mix.
The project has been a success so far and could be a blueprint for others to follow, Eskom says.
The clean energy sector accounted for 40% of GDP growth in 2023.
Further, the states with the highest share of renewables in the mix had the lowest spot prices.
Solar will play a key role if India is to achieve its goal of installing 500GW of renewable energy by 2030
This power sector’s emissions are slipping into a long-term structural decline.
Within five years, insect abundance tripled at these two solar farms.
And 10 of those states have below-average power prices.