Utility Scale RE

Wind-Solar Hybrid: India’s Next Wave of Renewable Energy Growth An Analysis of Tariff Trends, Policy and Regulation, and Challenges in a New Market India’s total renewable power installed capacity is 88 gigawatts (GW), with ~38 GW of standalone wind energy capacity and 35GW of solar energy capacity as of August 2020. India has plans to reach a total 175 GW of renewable energy (including 100 GW of solar and 60GW of wind) by 2022 and 450 GW by 2030. As…

India Unable to Compete With Record Low Solar Tariffs in Gulf Region An Analysis of Why the Gulf Region Has the Cheapest Solar Tariffs In a new report from JMK Research & Analytics and the Institute for Energy Economics and Financial Analysis (IEEFA), a detailed analysis is done to analyse why the Gulf region has the cheapest solar tariffs in the world. It is unlikely that India or indeed other countries will be able to achieve the same low solar…

Developers and Global Investors Snap Up India’s Solar Power Tenders – Decoding Tariffs vs. Returns for Solar Projects in India In our joint study with IEEFA, we have analysed that current solar tariffs (hovering at Rs2.50-2.87/kWh) have stabilised at rates about 20-30% below the cost of existing thermal power in India, and up to half the price of new coal-fired power. We have seen that the margins have shrunk in the last three years for solar project developers. Earlier equity…

Offshore wind energy in India: A territory ready to be explored Offshore wind energy in India: A territory ready to be explored The objective of this report is to study in detail key trends around the global offshore wind market and understand how this market is going to evolve in India. The report examines recent initiatives, taken by the Indian Government, such as the announcement of offshore wind policy , the offshore wind targets for 2022, Off shore wind turbines…