Market trends

5.3 GW of Floating Solar Projects under various stages of development in India

August 12, 2019
JMK Research
Market trends, Tenders

5.3 GW of Floating Solar Projects under various stages of development in India Last week, Uttar Pradesh Cabinet cleared 150 MW floating solar plant on Rihand dam. It will be the biggest such plant in India and is expected to be commissioned by May 2020. ReNew got 100 MW while Shapoorji Pallonji got 50 MW at a tariff of INR 3.36/ unit. With increasing land acquisition problems for utility-scale solar, floating solar plants make a good business case for developers.…

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rooftop storage

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

July 29, 2019
JMK Research
Market trends

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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utility scale solar

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

July 15, 2019
JMK Research
Market trends

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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open access solar

Solar projects installation trends in FY 2019 – Third party sale

July 2, 2019
JMK Research
Market trends

Solar projects installation trends in FY 2019 – Third party sale In FY 2019, about 270 MW of third party sale/ Open access (OA) solar projects are installed which is 83% lesser than previous year installation (1,685 MW). In FY 2018, about 86% of total OA solar projects (1,450 MW) were installed in Karnataka only. Reason for this are the waivers offered on most open access charges (including transmission and wheeling charges, CSS charges) in Karnataka until March 31, 2018.…

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