wind

renewable projection

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

November 7, 2019
JMK Research
Sector Outlook

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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wind solar hybrid

Wind solar hybrid model struggling to take off in India

September 11, 2019
JMK Research
Market trends, Tenders

Wind solar hybrid model struggling to take off in India In last one year, several central and state agencies issued more than 3.2 GW of wind-solar hybrid tenders. Although, auctions for 2.4 GW of tenders have been materialized, only 1.6 GW is allotted (~35% under subscription). The auctions saw participation from only a handful of developers including Adani, Softbank and ReNew. Because of tepid response from the industry, SECI has scaled down the capacity of one of the tenders from…

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Slump in wind sector: Falling capacity addition, rising tender under-subscription

September 4, 2019
JMK Research
Market trends

Slump in wind sector: Falling capacity addition, rising tender under-subscription The share of wind energy sector, in overall renewable portfolio of India, has lately seen a sharp fall. This is mainly attributed to sluggish growth of sector and rise in share of solar projects. As of July 31, 2019, the total wind capacity in India stands at 37 GW, contributing 45% share in total renewables’ portfolio. Compared to last year, this is a fall of more than ten percentage points.…

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