SUBSCRIBE NEWS LETTER

Indian market

Solar Manufacturers Support Vocal-for-Local Program; Seek Level-Playing Field

The country’s leading solar photovoltaic (PV) manufacturers, including RenewSys, Vikram Solar and Webel Solar, have extended their support to Prime Minister Narendra Modi’s recent call for Vocal-for-Local program. However, they sought level-playing field for all irrespective of the area within the country. By welcoming the government’s move, Avinash Hiranandani, Global CEO & Managing Director of […]

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IEX Follows PXIL in Launching RTM for Electricity Transactions

IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […]

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Electric Two Wheeler Sales To Grow at 87 Percent to 3.4 Million In 2025 in India

JMK Research and Analytics has predicted a CAGR of 87 percent for the electric two wheeler market in India to 2025. Surprisingly, for once such aggressive growth numbers seem to have every chance of succeeding The electric mobility revolution in India will arrive on two wheels. That seems to be the basic message of a […]

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We are on Track to reach 2 GW Renewable Development in India: Harmanjit Nagi

We are strongly committed to renewable development in India, with 2GW of renewable capacity targeted by 2022 through wind, solar and hydro projects. I’m happy to say we are on track to reach this target. Thanks to new opportunities in 2019 and early 2020, we now have significant pipeline of renewable projects under development: 1 […]

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Ola Electric Acquires Amsterdam-Based Etergo; Aims to Launch e-Scooter in 2021

Indian ride-hailing firm Ola’s e-mobility arm, Ola Electric, on Wednesday said that it has acquired Amsterdam-based Etergo BV, an innovative electric scooter original equipment manufacturer (OEM). However, the company didn’t disclose the amount of acquisition. With this acquisition, the company has also announced its foray into the premium electric two-wheeler market, both globally and nationally.  […]

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AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden

The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […]

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Top 10 Solar Inverter Companies in India

With growing economic activity and growth,  India’s power consumption too reached to 1,164 TWh till November 2019. That makes India  the third ranked country among the top ten electricity consuming countries globally, as per IEA data. This speed of economic development was aligned with clean energy and climate goals after India signed the Paris agreement […]

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Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal

The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […]

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JinkoSolar Tops in Module Shipments to India in Q1 2020

JinkoSolar Holding, a leading solar module manufacturer, has topped in the list of solar module suppliers to India during the January-March quarter of 2020, as per the research and advisory services provider firm. According to the quarterly report of JMK Research and Analytics, in which it has ranked domestic and international module suppliers based on their shipments […]

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