wind

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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solar wind installation

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

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…

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solar rooftop

Land procurement: The biggest hurdle for solar and wind projects

Land acquistion is the biggest hurdle for solar and wind project developers in India. In India, the land is a state subject, which means various state government agencies, including- revenue department, panchayat, state nodal agencies, among others, are involved in giving approvals to procure/ lease the land. The involvement of so many entities makes the entire process highly cumbersome and time-consuming. As per industry sources, in general, it takes around 6-9 months to procure land for setting up solar/ wind…

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renewable projection

RE installations to peak in 2020: 11 GW solar and 4 GW wind likely to be added

Renewable installations to peak in 2020: 11 GW solar and 4 GW wind likely to be added Solar The utility scale solar segment saw an addition of 4 GW in the first three quarters of 2019 and is expected to add another 4.5 GW in the last quarter. This cumulative capacity of 8.5 GW amounts to nearly 28% y-o-y growth. As per JMK Research estimates, the year 2020 is expected to witness 29% growth with the addition of another 11GW…

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JMK Research & Analytics Private Limited is a specialist research and consulting firm that focuses on various cleantech segments in India and the Asia Pacific Markets, including Renewables, E-mobility, Energy Storage, and Green Hydrogen.

Based on our extensive industry experience and strong network, we offer valuable insights and detailed information to help clients develop successful business models and market strategies.

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