JMK Research

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

July 8, 2021
JMK Research
Tenders

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”

July 6, 2021
JMK Research
Market trends

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

June 24, 2021
JMK Research
Sector Outlook

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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Webinar Insights: “RE power procurements models by C&I segment in India”

June 1, 2021
JMK Research
Market trends

Webinar Insights: “RE power procurements models by C&I segment in India” Global Corporate PPA’s have grown from 4.14 GW in 2016 to a whopping 23.7GW in 2020. In 2019 and 2020, Indian Corporate PPAs accounted for nearly 6-7% of the total Global Corporate PPA share. According to Bloomberg New Energy Finance (BNEF), India was the second largest growth market for corporate renewable PPAs after the US in 2019. While the growth has been stellar, inconsistencies in regulations and policies among…

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