Indian Solar Installations Dropped 19% In H1/2023
JMK Research: India’s Cumulative Installed PV Capacity Grew 6.7 GW+ With 2.3 GW Rooftop Solar
Rooftop solar segment is gradually growing in the Indian market with JMK Research & Analytics counting around 2.29 GW installed in H1/2023, higher than the entire rooftop PV capacity in CY2022, even as the overall 6.79 GW added during the period dropped 19% on annual basis.
India PV News Snippets
India Auctions 4.45 GW Utility Scale RE Capacity In First 2 Weeks Of FY 2024 & More From SJVN, ReNew
JMK Research says India awarded close to 4.45 GW renewables capacity in initial 2 weeks of April 2023; SJVN picks BVG India for 100 MW solar project; ReNew has raised $400 million through subsidiary.
India Could Compete With Chinese PV In Next 3 Years
Nameplate Solar Panel Manufacturing Capacity In India To Grow To 110 GW By FY 2026: JMK & IEEFA
India will achieve self-sufficiency for its solar PV module demand by FY 2026 as its nameplate module manufacturing capacity grows to 110 GW, up from 38 GW in March 2023, which is when it can focus on catering to overseas markets as a ‘viable alter.
India Installed Close To 14 GW New Solar Capacity In 2022
JMK Research Counts India’s 13.95 GW Solar Additions In 2022 As Led By Utility Scale PV While Rooftop & Offgrid/Distributed Segment Declined YoY
India’s solar installations in the calendar year 2022 rose 17.5% annually to a total of 13.95 GW, including about 11.3 GW of new utility scale PV, according to market intelligence firm JMK Research & Analytics.
Momentum Building For India’s Residential Rooftop PV
New Research Forecasts India’s Cumulative Residential Rooftop Solar Capacity To Grow Nearly 60 Percent YoY By FY 2023
India’s cumulative installed residential rooftop solar PV capacity as on March 31, 2022 was only 2.01 GW, and it is likely to reach 3.214 GW by the end of FY 2023, according to the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.
India PV News Snippets
IEEFA & JMK Research Claim India Installed 1.9 GW RE Open Access Capacity In FY 2022 & More From Renkube, Cleantech, MNRE, Vikram Solar
Solar technology startup Renkube raises $300,000; India installed 1.9 GW renewable energy open access capacity in FY 2022; Cleantech Solar & Saint-Gobain India partner for solar; MNRE updates ALMM list; Vikram Solar gets SEBI nod for IPO.
India’s H1/2022 PV Installations Up 71% to 8.4 GW
JMK Research Expects India To Add 20 GW Solar PV Capacity in 2022
India’s newly added solar PV capacity during H1/2022 grew 71% annually to 8.359 GW, according to JMK Research and Analytics, setting it on course to exit 2022 with some 20 GW installed, comprising 16.5 GW utility scale and 3.5 GW rooftop solar PV.
India: 36 GW Module Production Capacity
IEEFA & JMK Research Estimate India’s Domestic Solar PV Manufacturing Can Meet 30 GW/Year Need By 2023
India’s nameplate solar module production capacity as of November 2021 was around 18 GW, and cell capacity 4.3 GW, but factoring in all expansion plans announced by various manufacturers, it can grow up to 36 GW and 18 GW by 2023-end, which they be.
India Installed 8.8 GW New Solar In 9M/2021
JMK Research: Solar Accounts For 46% Share In India’s Cumulative RE Capacity
India’s new solar PV capacity installations during 9M/2021 added up to 8.81 GW, around 280% higher on annual basis, according to market intelligence firm JMK Research & Analytics.
Indian C&I Solar Segment To Add Over 1.8 GW In CY2021
IEEFA & JMK Research: Indian C&I Solar Installations To Grow 47% YoY To Over 1.8 GW In CY2021 As Demand For Onsite Solar Goes Up; Segment Exploring Larger Wafer Sized Modules & Battery Energy Storage Systems
A lull in the commercial and industrial (C&I) solar installations space in India in CY2020 brought on by COVID-19 related disruptions resulted in this segment to add only 1,274 MW, reflecting an annual decline of 27%.
India PV News Snippets: JMK, GAIL, CIL, MNRE, Saatvik
India Installed 3.7 GW Utility Scale & 2.5 GW Rooftop Solar In FY2021; GAIL To Add 1 GW Renewable Capacity; CCL To Develop Solar Projects With CMPDI; MNRE Extends Project Commissioning For COVID-19 Impacted Facilities; Saatvik Energy To Supply 71 MW Modules To BHEL
India installed 6.2 GW solar capacity in FY2021: JMK Research and Analytics said in FY2021 (period ending March 2021), India installed about 3.7 GW of utility scale and 2.5 GW of rooftop solar power capacity.
India Signed 800 MW Corporate RE PPAs In 2020
Regulatory Hurdles & COVID-19 Pulled Down Corporate Renewable Energy Power Purchase Agreement Activity In India In 2020 With 800 MW Contracted, Says JMK Research In WBCSD Commissioned Report
In 2019, corporates in India contracted 1.4 GW of renewable energy capacity making the country the 2nd largest market for corporate renewable power purchase agreements (PPA) that year after the US, according to Indian consultancy firm JMK Research.
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