institute for energy economics and financial analysis

JMK Research has found that India installed 6.5GW of new utility-scale capacity in 2023, alongside 3GW of new rooftop capacity.

India’s accelerated pace with its domestic solar manufacturing capacity is set to reach 110GW of solar PV module capacity per year by 2026.

India needs to issue more renewable energy tenders if it is to meet the government’s target of 450GW of installed capacity by 2030, as the changing preferences of distribution companies have seen less uptake and states have been inconsistent in fulfilling purchase obligations.

India’s residential rooftop solar capacity is set to increase 60% by the end of fiscal year 2023, according to a report by the IEEFA and JMK Research.

Large developers of hybrid projects in India could see a 17% equity IRR by implementing five measures, according to a report by the IEEFA.

India’s rising renewable power capacity could render the country’s 33GW of coal-fired power plants under construction unviable.

Projects can stay money-making for cost-savvy developers and investors but tariffs below INR 2.5/kWh (3.47 US dollar cents per kWh) are ‘unviable’, say IEEFA experts.

Country could avoid costs and grid chaos if it learns from Germany and Vietnam's FiT lessons and opts instead for competitive auctions, says new IEEFA report.