Market trends

solar wind installation

India installs 7.5 GW of utility scale solar and 2.4 GW of wind in CY2019

India installs 7.5 GW of utility-scale solar and 2.4 GW of wind in CY2019 India’s renewable capacity installations reached 86 GW as of December 31, 2019. Wind is the major contributor with 44% share in total renewable mix, followed by solar with 39% share. In last one year, the share of solar rose by 5 percentage points to about 39%. In CY2019, about 7.5 GW of new utility-scale solar capacity was added, which is about 14% increase over the previous…

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solar storage

Solar with storage is an economically viable solution for most C&I consumers across India

Solar with storage is an economically viable solution for most C&I consumers across India As per the Central Electricity Authority (CEA) estimates, the share of renewable energy generation in total energy mix, would increase from 18% in 2019 to 44% by 2030, while the share of thermal is likely to reduce from 78% in 2019 to 52% by 2030. With this, grid penetration of RE sources also is likely to reach 44% in next 10 years. As per the Western…

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solar rooftop

Land procurement: The biggest hurdle for solar and wind projects

Land acquistion is the biggest hurdle for solar and wind project developers in India. In India, the land is a state subject, which means various state government agencies, including- revenue department, panchayat, state nodal agencies, among others, are involved in giving approvals to procure/ lease the land. The involvement of so many entities makes the entire process highly cumbersome and time-consuming. As per industry sources, in general, it takes around 6-9 months to procure land for setting up solar/ wind…

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rooftop storage

Rooftop solar PV with storage: Now a viable solution

Rooftop solar PV with storage: Now a viable solution The declining cost of lithium-ion batteries, along with that of solar, is likely to change the future dynamics of the Indian power sector. Several countries such as Australia, US, Germany, among others, have already endorsed solar power with battery storage. The viability of storing solar power using batteries and using it during peak times is increasing due to declining battery prices. At present, in India, commercial and industrial (C&I) consumers face…

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JMK Research & Analytics Private Limited is a specialist research and consulting firm that focuses on various cleantech segments in India and the Asia Pacific Markets, including Renewables, E-mobility, Energy Storage, and Green Hydrogen.

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