India

To Triple RE Capacity, India Needs 448GW Of Solar Power By 2030: Report

A latest report by global think tank Ember said that plan to triple its renewable energy capacity by 2030 in India, would require an additional financing of $293 billion. The analysis finds that India’s 14th National Electricity Plan (NEP14) put the country on track to more than triple its renewable energy capacity by 2030. But […]

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Deye To Start Manufacturing Inverters, ESS in India Soon: Bharat Singh

How has the journey of Deye in India been till now?  In the last two years, Deye has increased its presence in India. We earlier, introduced our hybrid inverters to ensure our brand gets recognition in the country’s renewable sector. We also launched on-grid inverters. In the recently-concluded REI Expo in Greater Noida, we introduced […]

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CERC Grants PXIL Extra Time To Comply With Power Exchange Norms

The Central Electricity Regulatory Commission (CERC), in its latest judgment granted the Power Exchange India Limited (PXIL) additional time to comply with the Power Market Regulations of 2021. The development came to the fore when PXIl, one of the three power exchanges in India, moved the Commission seeking an extension of timing to comply with the regulations. […]

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Growth Of EV Market Highest In China, EU, Says WRI Report

Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […]

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Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report

A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally.  It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […]

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Suzlon Sees Increased Demand Behind Its Surged EPC Business

Indian wind turbine manufacturer Suzlon claimed that the increased demand in the wind energy market and the wide range of services rendered by the company led to its increase EPC market. The information was shared by the top officials at the recent investors call.  “..more is coming in because of the demand from the market. […]

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Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024

Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call.  In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […]

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India’s Solar Capacity Touches 72 GW, Rajasthan Takes The Lead

India’s total installed capacity of solar power has touched 72 GW. The updated energy data from the Ministry of New and Renewable Energy (MNRE) was shared on its website. The MNRE data states that the largest capacity came from ground-mounted solar. The latest data said that the Ground-mounted solar capacity stood at the highest of 55 GW. The biggest beneficiary state […]

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Solar Inverter Firm Growatt Pins Hopes On its MAX Series To Boost Growth

Over the past decade, solar inverter firm Growatt has maintained its strong presence and growth in the Indian solar market. The employment of advanced technology along with localized strategy has made it possible for the Growatt inverters to mark presence in India. India’s installed solar capacity has grown significantly from 1.2 GW in 2012 to […]

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