solar

MNRE Proposes ALMM Extension to Wafers and Ingots

September 18, 2025
JMK Research
Market trends, Policy and Regulations, Sector Outlook

MNRE Proposes ALMM Extension to Wafers and Ingots Reinforcing the announcement by Shri Prahlad Joshi to target PV upstream integration last week, MNRE has released a draft order for the implementation of the Approved List of Models and Manufacturers (ALMM) for wafers and ingots (ALMM List – III). The order specifies that at least three independent wafer/ingot manufacturing units should be operational in India for ALMM List-III to kick in, with a combined minimum annual capacity of 15 GW. MNRE…

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India Adds Record 21.9 GW of Solar and Wind Capacity in H1 2025

July 10, 2025
JMK Research
Market trends

India Adds Record 21.9 GW of Solar and Wind Capacity in H1 2025 India sustained its clean energy growth trajectory by adding approximately 21.9 GW of new solar and wind capacity in the first half of 2025 (January–June), marking a substantial year-on-year increase of over 56%. Solar installations rose by 51.6%, while wind capacity surged by 82% compared to last year. In terms of cumulative installations, according to the data released by the Ministry of New and Renewable Energy (MNRE)…

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The Latest SJVN Auction Drives “Solar plus 4-hour Energy Storage Solution” Tariff to a New Record Low

May 13, 2025
JMK Research
Energy Storage, Market trends, Tenders

The Latest SJVN Auction Drives “Solar plus 4-hour Energy Storage Solution” Tariff to a New Record Low Energy storage projects are designed to capture energy at a certain time, store it, and make it available to the off-taker for later use. Over the past couple of years, “Solar coupled with Energy Storage Systems – (Solar + ESS)” has become one of the key segments of the grid-scale ESS market. The latest reverse auction has resulted in a record low tariff…

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50 GW RE tenders to be issued annually to achieve the 2030 target

April 11, 2023
JMK Research
Market trends, Tenders

50 GW RE tenders to be issued annually to achieve the 2030 target India has always shown its willingness in leadership to fight climate change. The country’s vision is to achieve Net Zero Emissions by 2070, in addition to attaining the short-term targets which involve expanding renewable energy capacity through the issuance of more renewable energy tenders, including solar, wind, and hybrid tenders. The government of India launched Jawaharlal Nehru National Solar Mission (JNNSM) in January 2010 as part of its National…

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