Market trends

Closing In On The Deadline, Domestic Content Requirement Schemes Are Still Far Away From Their Targets Domestic content requirement (DCR) mandates the use of both solar cells and modules manufactured domestically as per specifications and testing requirements fixed by the Ministry of New and Renewable Energy (MNRE). The DCR was incorporated into the Jawaharlal Nehru National Solar Mission (JNNSM) or National Solar Mission (NSM) adopted in 2010 with the objective of developing domestic solar manufacturing and making India a solar…

Enough but not enough– The present scenario of power demand and supply in India This article appeared in the Indian Wind Power Association’s (IWPA) WindPro Magazine-December 2021 issue and was authored by JMK Research and Analytics With the increasing need to reduce carbon emissions, renewable energy (RE) installations have seen a surge in recent years. Cumulative installed capacities for RE sources are reaching a point where it is soon likely to exceed our peak demand. This begs the question, does…

Rooftop solar financing options for Prospective customers This is the fourth and final blog of our four-part blog series to assess and analyze the different routes via which C&I rooftop solar players are raising much-needed investments to further scale this sector and accelerate growth. So far, we have dived into Equity investments, Mergers, and Acquisitions and understood various debt instruments via which the majority of investments come from, and have identified the key players. In this blog, we will look…

India added 11.1 GW of solar capacity from January to November 2021 India added about 11.1 GW of solar capacity from January 2021 till November 2021. This is about 249% higher compared to the installations done in 2020. In terms of cumulative installations, according to the data released by Ministry of New and Renewable Energy (MNRE), till November 2021, India’s RE installation capacity reached ~104 GW. Solar energy now contributes for approximately 47% share in the total RE segment now…