JMK Research

10 states under various stages of implementation of Green Open Access Rules (GOAR)

10 states under various stages of implementation of Green Open Access Rules (GOAR) Green Open Access Rules (GOAR) were issued by Ministry of Power (MoP) in June 2022. The rules were hailed by the industry stakeholders as a landmark achievement which would catalyse the commercial & industrial (C&I) open access market in India. Under the rules, the eligibility limit for availing green OA was reduced to 100 kW from 1 MW (prevalent across major states at the time), thereby increasing…

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H1 2023 Recap: Solar Installations fell by 19%, wind rises by 166%

H1 2023 Recap: Solar Installations fell by 19%, wind rises by 166% From January 2023 till June 2023, about 6,794 MW solar capacity and 1,878 MW wind capacity was added in India. Solar capacity addition is about 19% lower compared to the same period in the previous year. However, within the same period, wind sector has shown remarkable improvement with around 166% higher installations. In terms of cumulative installations till June 2023, according to the Ministry of New and Renewable…

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FAME II Revision: 21% average price hike by E2W OEMs and over 55% decline in sales in June 2023

FAME II Revision: 21% average price hike by E2W OEMs and over 55% decline in sales in June 2023 On May 19, 2023, the government announced reduction in FAME-2 subsidy on electric two wheelers registered on or after June 1, 2023. For electric two wheelers, the demand incentive is now INR 10,000/kWh which was earlier INR 15,000/kWh. Furthermore, the incentive cap has been scaled down from 40% (before June 1, 2023) of the E2W’s ex-factory price to 15%. Table 1:…

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4.45 GW utility scale RE tenders allotted in first two weeks of FY2024

4.45 GW utility scale RE tenders allotted in first two weeks of FY2024 First two weeks of April 2023 have seen a flurry of activity in utility scale RE market, with around 4.45 GW of tenders being allotted. The tenders allotted during these two weeks include three vanilla solar tenders, one wind solar hybrid (with energy storage) and one (Round-the-clock) RTC tender. Around half of these allotments (49.4%) is for non-vanilla RE tenders, including Wind Solar Hybrid (with energy storage)…

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JMK Research & Analytics Private Limited is a specialist research and consulting firm that focuses on various cleantech segments in India and the Asia Pacific Markets, including Renewables, E-mobility, Energy Storage, and Green Hydrogen.

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