Market trends

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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Offshore Wind India

Offshore Wind Energy in India- A territory ready to be explored

Offshore Wind Energy in India- A territory ready to be explored Offshore wind turbines harness sea winds to generate power. They work in the same way as an onshore wind turbine, the only difference being that in offshore wind, turbines can be either installed on a permanent foundation attached to the seabed or on a floating base anchored to the seabed. Offshore wind has several benefits, including- high wind speeds, no land requirement, high energy production, lesser transmission costs. In…

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wind solar hybrid

Wind solar hybrid model struggling to take off in India

Wind solar hybrid model struggling to take off in India In last one year, several central and state agencies issued more than 3.2 GW of wind-solar hybrid tenders. Although, auctions for 2.4 GW of tenders have been materialized, only 1.6 GW is allotted (~35% under subscription). The auctions saw participation from only a handful of developers including Adani, Softbank and ReNew. Because of tepid response from the industry, SECI has scaled down the capacity of one of the tenders from…

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Slump in wind sector: Falling capacity addition, rising tender under-subscription

Slump in wind sector: Falling capacity addition, rising tender under-subscription The share of wind energy sector, in overall renewable portfolio of India, has lately seen a sharp fall. This is mainly attributed to sluggish growth of sector and rise in share of solar projects. As of July 31, 2019, the total wind capacity in India stands at 37 GW, contributing 45% share in total renewables’ portfolio. Compared to last year, this is a fall of more than ten percentage points.…

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JMK Research & Analytics is a boutique consultancy firm providing research and advisory services to Indian and International clients across three key focus areas – Renewables, Electric mobility and Battery storage market.

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