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Indian market

Stella Moto by Jaidka Group Officially Enters Indian EV Markets

The Jaidka Group-backed Stella Moto has entered the market for electric two-wheelers (e2W) in India. In the passenger and load carrier (L3) divisions, the Jaidka Group has been operating electric three-wheelers for the past six years. Stella Moto intends to put the most cost-effective electric vehicles on the road built around  innovation and high-quality products […]

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Sungrow Surpasses 14-GW Shipments in Indian Solar Market

Leading global inverter and energy storage system supplier for RE, Sungrow Power Supply, has said that it has surpassed 14 GW inverter shipments in the Indian market. Sungrow said that it took less than one year to reach 14-GW as the 10-GW record was achieved in November, 2021.  The 4 GW sales since then are […]

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e-Rise Enters Indian Electric Vehicles Market; Produce 30,000 Units A Year

Electric vehicle manufacturer eRise – Drive Electric has announced its entry into the Indian markets. eRise makes long range, high performance electric two-wheelers built specifically for Indian road conditions. It’s the automotive arm of KL Group. eRise intends to launch three low speed electric scooters immediately and two high speed vehicles in the coming 3 […]

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Bounce Clocks 1 M Battery Swaps — A First in Indian EV Market

Smart mobility firm Bounce said on Thursday it has achieved over a million battery swaps on its energy infra network, making it the first player in the domestic market to accomplish such a feat. Backed by marquee investors such as Accel, Accel US, Sequoia Capital India, Falcon Edge, Qualcomm and Omidyar Network, among others, Bounce […]

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LONGi Solar Partners with Krannich Solar To Jointly Serve Indian PV Market

China’s high-efficiency mono-crystalline solar cells and modules producer LONGi Solar has announced a new partnership with Krannich Solar, a Germany-headquartered PV modules wholesaler. This partnership has been established for the expansion of their relationship in India. The companies claim that their collaboration is in line with their vision to exchange each other’s expertise and jointly […]

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Indian E-Rickshaw Market to Expand to $1.39 Billion by 2025: Report

India witnessed an exponential growth of electric rickshaws (e-rickshaw) since they first entered the Indian public transportation network. An E-rickshaw has always been an easy to go and cheaper option for the short-distance daily commute. Their cost effectiveness has also made e-rickshaw the preferred option for an ever larger section of society. Now, according to […]

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Perceived Risk of Investment in Indian Solar Market Cited in UNDP HDR

The latest edition of the UNDP HDR cited the case of India to explain the disparity in renewable investments around the world The latest edition of the United Nations Development Programme (UNDP) Human Development Report (HDR) cited the case of India to explain the disparity in the investments made in renewable energy amongst lower-middle-income and […]

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Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms

This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it.  “The IPO marks the beginning of a new chapter,” said Daniel Huang, […]

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Are lower margins making the Indian solar market unattractive?

In recent years, Indian solar industry saw many ups and downs whether it would be related to implementation of GST, safeguard duty, dues on Discoms, renegotiation of PPAs, policy changes etc. Here’re some views and voices from the industry on the impact of margins due to ongoing developments: Amit Gupta, Director of Legal and Corporate […]

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