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

December 16, 2022

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, and provides solar subsidy in Uttar Pradesh. The new policy will remain effective for a period of 5 years from the date of issuance. By the end…

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

November 17, 2022

JMK Research

Market trends

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…

India installs 7.5 GW of utility scale solar and 2.4 GW of wind in CY2019

January 17, 2020

JMK Research

Market trends

India installs 7.5 GW of utility-scale solar and 2.4 GW of wind in CY2019 India’s renewable capacity installations reached 86 GW as of December 31, 2019. Wind is the major contributor with 44% share in total renewable mix, followed by solar with 39% share. In last one year, the share of solar rose by 5 percentage points to about 39%. In CY2019, about 7.5 GW of new utility-scale solar capacity was added, which is about 14% increase over the previous…

Solar with storage is an economically viable solution for most C&I consumers across India

January 14, 2020

JMK Research

Market trends

Solar with storage is an economically viable solution for most C&I consumers across India As per the Central Electricity Authority (CEA) estimates, the share of renewable energy generation in total energy mix, would increase from 18% in 2019 to 44% by 2030, while the share of thermal is likely to reduce from 78% in 2019 to 52% by 2030. With this, grid penetration of RE sources also is likely to reach 44% in next 10 years. As per the Western…

solar

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

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

India installs 7.5 GW of utility scale solar and 2.4 GW of wind in CY2019

Solar with storage is an economically viable solution for most C&I consumers across India

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