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Indian market

Statcon Energiaa’s ENERGIAA X Series Stakes Claim As First 100% Indian-Designed On-Grid Solar Inverter

Noida-based Statcon Energiaa, a leading name in the Renewable Energy and Power Electronics sectors in India, has unveiled its latest innovation, ENERGIAA X Series, marking what it claims is a significant advancement in the On-Grid Solar technology. Statcon claims ENERGIAA X is the first truly Indian-designed and manufactured product in the on-grid solar market, boasting […]

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Global EV Market To Grow By $343 Billion In Next 4 Years: Report

The global electric vehicle (EV) market size is estimated to grow by USD 343.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.51% during the forecast period. The rise in concern over emissions from fossil fuel vehicles has spurred a surge in demand for low-emission and fuel-efficient […]

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Envision Strengthens Leadership In India Wind Energy Market

Chinese Wind Turbine major Envision is the clear market leader in India, according to a report from MEC Intelligence. MEC Intelligence, (MEC+), is a specialist research and consulting firm for the marine, energy, and cleantech industries based out of India and Denmark. In its quarterly report on the wind sector in India, MEC highlights that, […]

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Green Stocks May 10: Stock Market Sees Revival Of Green Stocks

After a fallout of the green stocks in the Indian stock market yesterday, there seems to be a revival today. Out of the 11 green stocks in India, eight of them reported a surge in their prices. The highest surge was reported in the stocks of JSW Energy which saw a jump of 7.35%. It […]

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Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables

Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari […]

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Power Market Update- REC Market Records All-Time Low Price In April

Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […]

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Green Logistics Revolution: How Indian Corporates are Investing to Slash Carbon Footprint?

By- Akash Hegde, Co-Founder, ShakeDeal As environmental concerns take center stage, the logistics industry worldwide is going through a major transformation. India, with its growing economy and increasing trade, is also part of this shift. The combination of digital technologies and sustainability requirements is restructuring supply chain operations, prompting Indian companies to invest in green […]

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India Overtakes China As Largest Three-Wheelers EV Market: IEA

International Energy Agency (IEA) in its ‘Global EV Outlook’ report found a rise in the global share of the three-wheeler (3W) market by 13% in 2023 to reach 4.5 million sales. The report found three-wheeler electric vehicles composed a 21% share compared to 18% in 2022. IEA report estimated that almost 1 million electric three-wheelers […]

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Two-Wheeler EV Market Surge To 9.12% First Time: FADA.

The Federation of Automobile Dealers Association (FADA) in its report identified a surge in electric vehicle sales. The report identified a notable increase in the two-wheeler electric vehicle (EV) market share. The EV market received a jump to 9.12% for the first time according to FADA. The 2024 vehicle data on the challenges faced by […]

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