Market trends Archives - Page 4 of 5 - JMK Research & Analytics

In FY2019, OPEX model based onsite solar installations doubled in size

August 19, 2019

In FY2019, OPEX model based onsite solar installations doubled in size As of March 31, 2019, OPEX model based projects hold more than 37% share of cumulative onsite[1] solar installations in India. Under the OPEX model, a Renewable Energy Service Company (RESCO) invests, builds and maintains a rooftop/ onsite solar plant. The end consumer pays for the power generated under a long-term power purchase agreement (PPA) at an agreed tariff for a fixed tenure. Figure 1: OPEX model based onsite…

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.…

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/…

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…