storage Archives - JMK Research & Analytics

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

April 11, 2023

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…

Webinar Insights: Evolution of Battery Storage Solutions in Rooftop Solar segment in India

December 9, 2020

JMK Research

Market trends

Webinar Insights: Evolution of Battery Storage Solutions in Rooftop Solar segment in India On the path of decentralization of power generation, India has been growing at a robust pace in terms of nation-wide Rooftop Solar (RTS) installations for close to a decade. Despite the impact of COVID-induced lockdown and uncertainty, about 883 MW of new RTS capacity was added during Jan-Sept 2020. Now, with the possibility of augmenting the utility of energy derived from variable RE systems, Battery Storage Solutions…

Tariffs for RE storage tenders competing with thermal

February 12, 2020

JMK Research

Market trends

Tariffs for RE+storage tenders competing with thermal In the last one year in India, we have seen that there is a growth spurt in storage tender issuance; however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity is so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders. The one significant milestone for the storage sector is achieved last week, with the successful auction of…

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…