JMK Research

9 GW bids submitted for manufacturing of polysilicon, 32 GW for wafer and 54.8 GW for cells and modules under the PLI scheme

19 GW bids submitted for manufacturing of polysilicon, 32 GW for wafer and 54.8 GW for cells and modules under the PLI scheme The Government of India’s production-linked incentive (PLI) scheme – National Programme on High Efficiency Solar PV (Photovoltaic) Modules – for setting up of solar manufacturing units received an overwhelming response of 54.8 GW worth of bids for a scheme with total bid capacity of 10 GW. The bid submission which resulted over 4-fold over-subscription is a morale…

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EV Registrations in Jan-Aug 2021 Surpasses Last Year’s Total Registrations

EV Registrations in Jan-Aug 2021 Surpasses Last Year’s Total Registrations India is one of the few countries that support the global EV30@30 campaign, which targets to have at least 30% electrification of its new vehicle sales by 2030. Given this target and a strong government push over the last two years, the EV landscape is witnessing an increase in EV penetration in India. The push can be observed in terms of incentives offered under the FAME-II scheme and waiving-off of…

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Webinar Insights: “Residential Rooftop Solar Market Evolution in India”

Webinar Insights: “Residential Rooftop Solar Market Evolution in India” With a total installed capacity of about 4 GW, the Indian rooftop solar market have been driven by installations in the C&I segment, which account for about 75% of the total installations. However, with this segment becoming increasingly saturated, players are turning to other segments such as the residential customers which have been relatively untapped, for higher growth opportunities. With the intent to understand the ongoing as well as anticipated developments…

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KUSUM Scheme (Component A)- Over 3.4 GW of solar tenders issued till date

KUSUM Scheme (Component A) – Over 3.4 GW of solar tenders issued till date The Ministry of New and Renewable Energy (MNRE) launched the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) scheme for farmers to set up solar pumps and other renewable energy facilities across the country. The Scheme consists of three components: Component A: Installation of 10,000 MW of decentralized ground-mounted grid-connected renewable power plants. Component B: Installation of 17.50 lakh solar-powered agricultural pumps. Component C: Solarisation of 10 lakh…

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