JMK Research

4.2 GW wind and 23.8 GW solar installed in India in FY2025 In FY2025 (April 2024- March 2025), approximately 23,832 MW of solar capacity and 4,151 MW of wind capacity were added in India. Wind and solar installed capacity increased by 27.9% and 58.5% respectively compared to FY2024. According to Ministry of New and Renewable Energy (MNRE) data, India’s total installed renewable energy (RE) capacity has reached 220 GW as of FY2025. Solar energy leads the sector, accounting for approximately…

SECI Awards 450,000 MT Annual Capacity Under SIGHT Tranche-II for Green Hydrogen Production The Solar Energy Corporation of India (SECI) has announced the results of its latest auction under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme (Mode-1, Tranche-II), which was floated in July 2024. This auction aims to maximize green hydrogen manufacturing, enhance cost competitiveness, and scale utilization through two distinct pathways: technology-agnostic (Bucket 1) and biomass-based (Bucket 2). The bid, opened in December 2024, saw strong industry…

India adds record 24.5 GW of solar power capacity in CY2024 In 2024 (January to December), India added about 24.5 GW of solar and ~3.4 GW of wind capacity. This represents around twofold rise in solar installations compared to the annual solar installations of 12.8 GW in 2023 and a nearly 1.21 times increase in wind installations compared to 2023. Notably, the total solar capacity added in 2024 is the highest recorded capacity in any previous year. With these additions,…