JMK Research

Will bifacial solar modules be the next big thing for India?

Will bifacial solar modules be the next big thing for India? With falling price differential between mono and bifacial solar modules, installation of bifacial modules is likely to pick up pace in India as well. India’s first utility-scale solar plant with bifacial modules (400Wp swan bifacial panels by Jinko Solar) was recently commissioned by Fortum in May 2021. It has a DC capacity of 124 MW and is located in Jaisalmer, Rajasthan. Bifacial panels, as the name suggests, are solar…

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Solar tariffs rose by 21.6% in the latest MSEDCL 500 MW tender

Solar tariffs rose by 21.6% in the latest MSEDCL 500 MW tender After a gap of 14 months, Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has conducted an e-reverse auction for the procurement of power from 500 MW inter/intra state grid-connected solar projects on a long term basis. The tender was floated in May 2021 with a commissioning timeline of 15 months; and 18 months for the projects located in and outside the solar park respectively. Also, the minimum requirement…

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Webinar Insights: “Rooftop solar adoption trends in MSME segment in India”

Webinar Insights: “Rooftop solar adoption trends in MSME segment in India” Regarded as the backbone of the Indian economy, the Micro, Small & Medium Enterprises (MSMEs) also holds immense potential to support the Rooftop Solar market. For most MSMEs, there is significant scope in electricity cost savings and ideally, Rooftop Solar is the simplest path to achieve the reduction in electricity bill. However, as the opportunities being presented by the sector are numerous, it is also confronted by many challenges.…

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13.75 GW of new module and 6.9 GW of new cell production capacity likely to be added in India in next 18 months

13.75 GW of new module and 6.9 GW of new cell production capacity likely to be added in India in next 18 months More than 80% of India’s local demand for solar modules have been met through imports from other Asian countries such as China, Vietnam and Malaysia. In CY2020, India imported USD 1,527 million worth of solar cells and modules. The country’s ambitious target of additional 280 GW of solar power installation by 2030 along with its high dependence…

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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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