JMK Research, Author at JMK Research & Analytics

Lithium-ion batteries recycling in India

Recycling of lithium-ion batteries in India- $1,000 million opportunity

September 25, 2019

Recycling of lithium-ion batteries in India- $1,000 million opportunity The lithium-ion batteries market is expected to grow exponentially in the next five years in India. Some of the important initiatives by the Government of India that will accelerate the growth of lithium-ion batteries market in India are: National Electric Mobility Mission Plan 2020, with a projection of getting 6-7 million electric vehicles on Indian roads by 2020[1] Installation of 175 GW of renewable energy by 2022[2] As per JMK Research…

Wind solar hybrid model struggling to take off in India

September 11, 2019

JMK Research

Market trends, Tenders

Wind solar hybrid model struggling to take off in India In last one year, several central and state agencies issued more than 3.2 GW of wind-solar hybrid tenders. Although, auctions for 2.4 GW of tenders have been materialized, only 1.6 GW is allotted (~35% under subscription). The auctions saw participation from only a handful of developers including Adani, Softbank and ReNew. Because of tepid response from the industry, SECI has scaled down the capacity of one of the tenders from…

Slump in wind sector: Falling capacity addition, rising tender under-subscription

September 4, 2019

JMK Research

Market trends

Slump in wind sector: Falling capacity addition, rising tender under-subscription The share of wind energy sector, in overall renewable portfolio of India, has lately seen a sharp fall. This is mainly attributed to sluggish growth of sector and rise in share of solar projects. As of July 31, 2019, the total wind capacity in India stands at 37 GW, contributing 45% share in total renewables’ portfolio. Compared to last year, this is a fall of more than ten percentage points.…

Restrictive guidelines under KUSUM and Rooftop Phase II scheme to impact system integrators

August 26, 2019

JMK Research

Policy and Regulations

Restrictive guidelines under KUSUM and Rooftop Phase II scheme to impact system integrators Last month, MNRE launched two schemes, KUSUM and Rooftop Phase II (SRISTI) with installation target of about 30 GW expected to be achieved by 2022. This 30 GW target includes nearly 26 GW capacity for pumps and grid-connected systems under KUSUM scheme and 4 GW for the residential segment in the Rooftop Phase II program. Below are the two critical restrictive guidelines issued with the schemes: Mandatory…

JMK Research

Recycling of lithium-ion batteries in India- $1,000 million opportunity

Wind solar hybrid model struggling to take off in India

Slump in wind sector: Falling capacity addition, rising tender under-subscription

Restrictive guidelines under KUSUM and Rooftop Phase II scheme to impact system integrators

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