solar

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

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 include: The government of India launched Jawaharlal Nehru National Solar Mission (JNNSM) in January 2010 as part of its National Action Plan for Climate Change (NAPCC) to achieve 100GW of total installed capacity through solar photovoltaic (PV) panels…

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

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 solar capacity and 1,847 MW of wind capacity was added in India. This is about 17.5% and 26.6%, respectively, higher compared to 2021. In terms of cumulative installations, according to the data released by Ministry of New and Renewable Energy (MNRE) till December 2022, India’s RE installation capacity reached 120.85 GW. Solar energy contributes for…

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Uttar Pradesh Issues New Solar Policy, Targets 22 GW of Solar Power by 2026-27

Uttar Pradesh Issues New Solar Policy, Targets 22 GW of Solar Power by 2026-27 On 16th November 2022, the Uttar Pradesh (UP) government approved the state’s new solar energy policy known as Uttar Pradesh Solar Energy Policy 2022. The policy supersedes the state’s 2017 solar policy which was cleared on 6th December 2017. The new policy will remain effective for a period of 5 years from the date of issuance. By the end of which, the policy targets to achieve…

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3.6 GW of Open Access RE Capacity Likely to be Added in FY2023

3.6 GW of Open Access RE Capacity Likely to be Added in FY2023 In the past decade, the rise of renewable energy (RE) has also helped its open access market grow significantly. From around 300MW in 2009, the size of the RE open access market grew to ~10GW as of FY2022. Efforts by C&I consumers to lower electricity costs and meet sustainability goals, such as net-zero, are driving their uptake of RE. This is why India’s RE open access market…

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JMK Research & Analytics is a specialist consultancy firm providing research and advisory services to Indian and International clients across solar, wind and e-mobility segments.

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