Market trends

India’s 2025 Renewable Energy Sector Review: Key Highlights and Way Forward

December 30, 2025
JMK Research
Market trends

India’s 2025 Renewable Energy Sector Review: Key Highlights and Way Forward Over the past decade, India’s renewable energy (RE) journey has been one of scale, speed, and structural ambition. From barely crossing 40 GW of non-hydro renewable capacity in the mid-2010s, the country has surged past the 203 GW mark by the November 2025, driven largely by rapid solar and wind deployment. Utility-scale renewables have transformed India into one of the world’s lowest-cost RE markets. Importantly, 2025 continued this expansionary…

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How Are New E-car Entrants Building Early Presence in the Indian Market?

December 29, 2025
JMK Research
Electric Vehicles, Market trends

How Are New E-car Entrants Building Early Presence in the Indian Market? India’s electric car (e-car) market has expanded significantly with a 2x growth over the past two years, with annual sales increasing from 54,473 units in FY2023 to 110,748 units in FY2025 and sales increasingly concentrated among a handful of established players. However, recent vehicle registration data also points to the emergence of new global entrants. While their volumes remain modest at present, these players are beginning to register…

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India’s Clean Energy Pipeline Under Stress: Understanding the 42 GW Challenge

November 18, 2025
JMK Research
Market trends, Sector issues, Sector Outlook

India’s Clean Energy Pipeline Under Stress: Understanding the 42 GW Challenge India set an annual target of issuing 50 GW of renewable energy tenders to accelerate capacity addition and strengthen the country’s long-term decarbonisation pathway. The target has been met on paper, with more than 93 GW tendered since FY2024. This surge was intended to build a strong project pipeline, align with future demand, and ensure competitive tariff discovery through high market participation. Despite issuing tenders at unprecedented scale, MNRE’s…

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Power without passage: How stranded renewables expose cracks in India’s grid planning

October 16, 2025
JMK Research
Market trends, Policy and Regulations, Sector Outlook

Power without passage: How stranded renewables expose cracks in India’s grid planning India’s rapid renewable energy growth is outpacing its transmission capacity, leaving gigawatts of clean power stranded across states Over the past decade, India has emerged as a global leader in renewable energy (RE), ranking third behind China and the US in installations and power generation. More than 71 percent of India’s total installed renewable energy capacity, which stands at approximately 247 gigawatt (GW), comes from solar and wind installations. This…

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