storage

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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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…

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rooftop storage

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…

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