Market trends Archives - Page 4 of 9 - JMK Research & Analytics

Webinar Insights: Evolution of Battery Storage Solutions in Rooftop Solar segment in India

December 9, 2020

Webinar Insights: Evolution of Battery Storage Solutions in Rooftop Solar segment in India On the path of decentralization of power generation, India has been growing at a robust pace in terms of nation-wide Rooftop Solar (RTS) installations for close to a decade. Despite the impact of COVID-induced lockdown and uncertainty, about 883 MW of new RTS capacity was added during Jan-Sept 2020. Now, with the possibility of augmenting the utility of energy derived from variable RE systems, Battery Storage Solutions…

Why India’s Solar Power Tariffs Reached a Historic Low of Rs. 2 Per kWh

December 9, 2020

JMK Research

Market trends

Why India’s Solar Power Tariffs Reached an Historic Low of Rs. 2 Per kWh India set a new record low solar power tariff of Rs2/kWh ($0.027/kWh) in the recent Solar Energy Corporation of India (SECI) auction on 23 November 2020. The tariff based bidding was conducted for selection of solar power developers to set up 1,070 megawatts (MW) of grid-connected solar PV projects on a “build-own-operate” (BOO) basis in Rajasthan (Tranche-III). With 14 developers participating, the tender was oversubscribed by…

Despite COVID-19, India added 883 MW of rooftop solar capacity in the first nine months of 2020

October 26, 2020

JMK Research

Market trends

Despite COVID-19, India added 883 MW of rooftop solar capacity in the first nine months of 2020 As per the data released by the Ministry of New and Renewable Energy (MNRE) for the period starting January 2020 till Sep 2020, about 2320 MW of solar capacity comprising 1437 MW of Ground Mounted Solar and 883 MW of Rooftop Solar was added in India. Rajasthan (360 MW), Tamil Nadu (341 MW), and Maharashtra (165 MW) were the leading States with most…

Green Term Ahead Market (GTAM): Opening new doors to Renewable Power Procurement

August 25, 2020

Medha Singh

Market trends

Green Term Ahead Market (GTAM): Opening new doors to Renewable Power Procurement After approving Real Time Market (RTM) trading in power exchanges about two months ago, Central Electricity Regulatory Commission (CERC) has now approved Green term ahead market (GTAM) contracts on the Indian Energy Exchange (IEX) platform. IEX is presently operating in- Day Ahead Market (DAM), where transactions in electricity are allowed for a day in advance; Term Ahead Market (TAM), where electricity is traded the same day to up…