JMK Research

KUSUM Scheme- Summary of Implementation guidelines

KUSUM Scheme- Summary of Implementation guidelines The scheme aims to add a solar capacity of 25,750 MW by 2022 with the total Central Financial Support of INR 34,422 crore. Component A: 10,000 MW of decentralized ground-mounted, grid-connected renewable power plants (500 kW- 2 MW) will be set up Role of DISCOMs: DISCOMs will sub-station wise surplus capacity and accordingly applications will be invited. In case, the aggregate capacity offered by Applicants is more than the bidding route will be followed and…

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rooftop storage

C&I segment holds about 22% share of total solar installations in India

C&I segment holds about 22% share of total solar installations in India Commercial and Industrial (C&I) segment holds about 70% of all rooftop solar installations (nearly 3 GW) in India while in the utility-scale solar market it has about 13% share (>3.5 GW) under third party sale/ Open access/ captive model. In total, as of March 31, 2019, C&I segment has about 6.5 GW of solar capacity installed which is nearly 22% of all solar installations[1]. Earlier, most third-party sale/…

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rooftop storage

Storage tenders of 169 MWh capacity issued in last one year in India

Storage tenders of 169 MWh capacity issued in last one year in India Government of India expects to achieve a renewable energy capacity target of 260 GW by 2024. To support this growing share of renewables in the country, according to CEA, we require at least 136 GWh of energy storage systems by 2030. However, the current commissioned capacity of solar energy storage is only about 10.75 MWh in India. In last one year, about 169 MWh of storage tenders with 246.7…

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utility scale solar

Andhra Pradesh PPA cancellation/ renegotiation controversy: Acme, Tata, Vector Green and Greenko assets at maximum risk

Andhra Pradesh PPA cancellation/ renegotiation controversy: Acme, Tata, Vector Green and Greenko assets at maximum risk Last month, in Andhra Pradesh, the newly appointed chief minister Mr. YS Jaganmohan Reddy, has constituted a High Level Negotiation Committee (HLNC) to revisit solar and wind power purchase contracts as it is believed that they were signed at higher rates than the other states. In his view, the higher rates could be attributed to corruption. This move has caused a stir in the…

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