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Indian market

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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Microtek Expects 20%-40% Market Share Under PM Surya Ghar

Indian solar inverter manufacturer Microtek has now pinned high hopes from the recently launched PM Surya Ghar: Muft Bijli Yojana. The firm which manufactures grid-connected solar inverters in the range from 1 kW to 100 kW sees a vault of new opportunities with the new scheme dedicated to the residential rooftop solar segment. In a […]

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IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump

Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […]

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Goldi Solar Announces Partnering With IPL Cricket Team-Mumbai Indians

Indian solar module manufacturer Goldi Solar announced today its partnership with the Mumbai Indians’ IPL cricket team as their official partner and official solar energy partner for the season. The firm said that this partnership aimed to raise awareness nationwide and establish Goldi Solar as a household name.  “Aligned with Mumbai Indians’ passion and excitement, Goldi […]

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Zetwerk Wins Order From Indian Oil To Set Up 1400+ Fast EV Chargers

Bengaluru-based Zetwerk, which is a managed marketplace for contract manufacturing announced its plans to install electric vehicle (EV) fast chargers in major cities and on key highways to enhance accessibility and travel convenience. Zetwerk, a managed marketplace for contract manufacturing recently, secured an order with Indian Oil Corporation Limited (IOCL) to set up EV fast […]

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What Energy Transition Means For Indian Homeowners & Individuals?

By-Praveen Raju, Janhavi Joshi, and Amoolya Khurana  The Government of India highlighted the challenges faced by developing countries to combat climate change at the 2021 United Nations Climate Change Conference (“COP26”) and subsequently presented India’s commitments to the energy transition in the form of Panchamrit i.e., a five-step approach to combat climate change which included […]

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Indian Solar Firms Bank On Cricket To Popularise Renewables

Indian solar industry in the last few months has increased its reliance on cricket to bolster the popularity of renewable energy in the country. With the passage of time, we have seen more solar firms especially the Indian solar module manufacturers jumping onto the bandwagon of using cricketers and the Indian Premier League (IPL) to […]

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