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Electricity Market

“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy

The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […]

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Global Solar Street Light Market to Grow to $15.7 Billion by 2030

Research firm Astute Analytica has come up with a study which establishes that the global solar street light market was $3.9 billion in 2021 and will reach $15.7 billion by 2030. The global street light market will register a CAGR of 17.12% for the coming 2022-2030 period. Astute Analytica has assigned key reasons for the […]

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IEX update for Feb’22, solar prices at Rs 3.93/ unit In GTAM market

The Indian Energy Exchange (IEX) achieved 8760 MU volume in February’22 comprising 7695 MU in the conventional power market, 453 MU in the green power market and 612 MU (6.12 lac certificates) in the REC Market. Overall, the exchange achieved 29% YoY volume growth across all market segments during the month. According to the power […]

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Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market

Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […]

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Polysilicon Woes in Solar PV Markets to End Within 18 Months: Rethink

The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Rethink Energy. In the paper, Polysilicon Manufacturing forecast to 2030, the research firm outlines how fears that we may have passed the trough of solar costs during […]

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Powerledger Wins Award for Its Distributed Solar Electricity Project in UP

Australian technology company Powerledger has won an award from World Summit Awards for their work in promoting distributed electricity in Uttar Pradesh, India. The WSA scheme recognises digital applications that have a strong positive impact on society, and out of 8000 entries, the software company was singled out for its promise of bringing electricity to […]

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IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market

The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […]

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Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report

Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […]

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IEX December Updates- Drop in Green Market, REC Volumes

The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […]

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