renewable energy

India added ~11 GW of utility scale solar capacity in 2022; 47% higher than 2021 installations

January 13, 2023
JMK Research
Market trends

India added ~11 GW of utility scale solar capacity in 2022; 47% higher than 2021 installations From January 2022 till December 2022, approximately 13,956 MW of solar capacity and 1,847 MW of wind capacity was added in India. This signifies a substantial solar energy growth in India, with solar capacity increasing by about 17.5% compared to 2021, while wind capacity grew by 26.6%. In terms of cumulative installations, according to the data released by Ministry of New and Renewable Energy…

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India’s Planned RE Capacity of 537 GW by 2030 to Require US$30 billion of New Transmission Systems

December 21, 2022
JMK Research
Policy and Regulations

India’s Planned RE Capacity of 537 GW by 2030 to Require US$30 billion of New Transmission Systems On 7th December 2022, the Ministry of Power and New & Renewable Energy (MNRE) launched a plan to develop a transmission system for integrating 537 GW of renewable energy (RE) capacity by 2030. Achieving this target will require a significant amount of renewable energy investment in India. This plan is a major stepping stone towards India’s climate commitment of achieving 50% of cumulative…

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Odisha Targets 10+ GW of RE Capacity by 2030 Under New Renewable Energy Policy

December 20, 2022
JMK Research
Policy and Regulations

Odisha Targets 10+ GW of RE Capacity by 2030 Under New Renewable Energy Policy The government of Odisha notified ‘Odisha Renewable Energy Policy, 2022’, its latest renewable energy (RE) policy, on 30th November 2030. This policy will remain in effect till 31st March 2030, or until a new policy is announced by the state. It aims to achieve a 10+ GW renewable energy target by 2030. The previous state RE policy, which was issued in 2016, was in force till 31st March 2022. Now,…

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