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Indian market

IEX Power Market Update For November

The Indian Energy Exchange, India’s premier energy exchange, achieved 7764 MU total volume traded in November 2022, including Green Power trade of 354 MU, and 3.72 lac RECs (equivalent to 372 MU). The total electricity volume traded on the Exchange in November’22 was 7392 MU, an increase of 9% on YoY. However, the overall volume […]

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Green Markets: Playing a Pivotal Role in Renewable Energy Integration

The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […]

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Indian Solar PV Mfrs Among Big Wins For Global Water Solutions Provider Gradiant

Gradiant, a global solutions provider for advanced water and wastewater treatment, has announced awards of $20 million in new contracts in September and October 2022 from India. The awards are for clients in the manufacturing of photovoltaic cells (or solar cells) renewable energy and industrial protective equipment. All three projects will be delivered as design-build […]

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Amazon Partners with TVS Motor to Expand Indian EV Segment

Amazon India and TVS Motor Company recently announced a partnership to deploy electric two- and three-wheelers, significantly advancing the country’s transition to electric mobility. As part of this partnership, a fleet of TVS Motor electric two- and three-wheelers will be used for Amazon’s last-mile deliveries. Additionally, the two businesses will test TVS Motor’s electric vehicle […]

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IEX Power Market Update For October- Prices Continue To Drop

The Indian Energy Exchange, India’s premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October’22 was lower by 13% on YoY basis due to high volume base of last year, and lower […]

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Longi Introduces Hi-MO 6 Modules for Global DG Market

Leading solar technology manufacturer LONGi has announced the introduction of the Hi-MO 6 which is its first module designed exclusively for the global distributed consumer market. LONGi claims that based on its high efficiency HPBC cell technology, Hi-MO 6 achieves a maximum efficiency of 22.8% in mass production. Designed to meet the needs of diverse […]

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I am Hopeful That Residential Will Once Again Be a Giga Watt Market For India

Going by shipment volume, Sungrow has been given the number one position by several sources. What would you attribute these increases in shipments to? Sungrow started its journey in India eight years back and for any Chinese company, it has never been easy to come to India and supply such large quantities. Sungrow, however, has […]

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LONGi To Showcase Hi-MO 5 Series, Hydrogen Business at Indian Expo

A world leader in clean energy, China-based LONGi has announced that it will be showcasing its award-winning Hi-MO 5 Series at the Renewable Energy India Expo 2022 and also unveil the company’s new Hydrogen Business exclusively for the Indian customers. The 15th Edition of Renewable Energy India Expo will be happening from 28-30 September at […]

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