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Indian renewables tenders are falling short of government’s ‘450GW by 2030’ plans

February 20, 2023
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 on track to see long-term solar growth despite short-term headwinds

January 13, 2023
Despite the headwinds impacting module supply and solar deployment, India’s solar market is expected to emerge from a slow 2023 with significant growth and feel the benefit of the country’s protectionist domestic manufacturing policies.

India’s residential rooftop sector to grow 60% in FY23, says report

October 7, 2022
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.

India’s ALMM hits 18GW and 66 manufacturers

August 31, 2022
The Indian government’s “Approved List of Models and Manufacturers” (ALMM) has passed 18GW of capacity and 66 different entities registered, according to consultancy JMK Research & Analytics.

India deploys 8.4GW of solar PV in H1, forecast to reach 20GW by end of the year

August 8, 2022
India deployed 8,359MW of solar PV in the first half of the year, marking a significant increase of 71% compared to the same period last year

India to add 20GW of solar PV in FY2023

August 1, 2022
India installed more than 12GW of solar PV in the financial year 2022 (FY2022) but this is expected to soar to more than 20GW in FY2023 as the country looks to accelerate its solar deployment, according to JMK Research.

India installed solar capacity surpasses 50GW, with another 70GW+ in the pipeline or bidding phase

May 31, 2022
India’s renewable capacity now stands at 109.9GW as of the end of March, with solar accounting for 53.4GW (47%), while another 72GW of solar is either in the pipeline or at bidding phase, according to JMK Research.
PV Tech Premium

Indian solar sector facing multiple issues as tariffs edge upwards, greater bifacial adoption one solution

May 30, 2022
India’s solar sector is in a tricky place at the moment, with module price inflation, manufacturing incentives and geopolitical events causing disruption to the industry, pushing up average tariffs and lowering returns on solar investments. PV Tech Premium picks apart what is going on behind the scenes.

India solar module prices up 38% since mid-2020 as demand outstrips supply

April 21, 2022
PV module prices in India have increased by ~38% in the last 20 months, in part due to supply chain disruptions and rising solar demand, with prices not expected to fall until the end of next year.

India set to miss 2022 100GW solar target after poor rooftop performance, 2030 target in long-term jeopardy

April 12, 2022
India is set to fall well short of its 2022 solar target of 100GW of installed solar capacity due to the slow uptake of rooftop solar, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.

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