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Indian market

Saatvik Solar Secures Position As Kiwa PVEL Top Performer

Saatvik Solar, the Indian solar PV module manufacturer, has been recognised as a “Top Performer by PV Evaluation Labs (Kiwa PVEL) in the PV Module Reliability Scorecard, for their High-Efficiency Mono–Bifacial Half Cut PV modules. Saatvik Solar PV modules underwent testing at  Kiwa PVEL over a year, where they were subjected to various extreme conditions. […]

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Ecofy Joins Forces With Luminous To Accelerate Solar Adoption

Indian NBFC Ecofy has now announced its partnership with Luminous Power Technologies, an energy solutions industry. The collaboration with Luminous aims to focus on the financing landscape for renewable energy projects, especially solar power projects. With the introduction of the PM Surya Ghar Yojana 2024, favorable market conditions and governmental support, the partnership could make […]

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Tracxn Environment Tech Report 2024- Funding Drops, But Share Improves

Startup Research firm Tracxn released a special Environment funding report on World Environment Day last week. A Key Finding was the rise of Equity funding for Environment Tech companies in proportion to global tech funding. In 2024, close to 10% of all equity funding has gone into startups in the environment tech sector. A significant […]

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Kiwa PVEL’s Scorecard: Adani Solar, Waaree Maintain Top Positions

Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group and Waaree Solar have been been recognized as a Top Performers in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard. Kiwa PVEL is a leading independent laboratory serving the downstream solar industry. Their annual Scorecard highlights manufacturers that have produced PV […]

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How Chinese Solar Glass Dumping Triggers Price War In India?

The selected Indian solar glass manufacturing companies in India had been reiterating the demand for imposing import duties (tariff barriers) against the dumping of cheap Chinese and Vietnamese solar glasses. However, it is still under consideration of the Indian government.  The decision to impose such a duty has been shifted to September 2024 which was […]

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Uno Minda Signs Deal With Chinese Firm For Making EV Parts

Uno Minda, a major supplier of seating, lighting, switching, and acoustics solutions to international automakers, announced that it had signed a deal with Suzhou Innovance Automotive to manufacture and market a limited number of high-voltage category electric vehicle products for Indian passenger cars and commercial vehicles. The next-generation 3-in-1 electric drive systems (e-Axle), EV motors, […]

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How QCell Can Make Solar Module Production Sustainable?

Solar energy is considered as one of the cleanest sources of energy and one of the most commercially viable technologies. In India, out of the 144 GW of renewable energy capacity (excluding large hydro), 57 percent (82 GW) comes from solar energy alone. The generation of solar energy primarily depends on the solar panels. However, […]

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REC Trading At IEX Skyrockets, Sees 640% Growth In May

The trading of Renewable Energy Certificates (REC) seems to have escalated at the Indian Energy Exchange (IEX), the power exchange data shows. The publicly-listed power exchange firm recently shared its data on the trading of its different products including RECs.  IEX said that the renewable energy certificates (REC) trading in May stod at 1,055 MUs. […]

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REC Prices At Power Exchanges Take A Dip After Tweak In Rules

With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk.  The top management of IEX in its recent investors call told its investors […]

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