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Indian 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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The Top 5: Reasons Indians are Hesitant to go with E2W

India is the largest two-wheeler mobility market in the world, with sales peaking at 21 million units in 2019. With the growing concerns over pollution-induced climate change, electric mobility is seen as a substitute for fossil-fuel-dependent conventional vehicles. Two wheelers is also where adoption is expected to be earlier and faster due to lower costs […]

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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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EVI Technologies Installs 380 EV Chargers in 17 Indian Cities

Indian EV charging solutions provider EVI Technologies Private Limited (EVIT) has installed 380 EV chargers in 17 cities across India, the company said in a recent statement. It is further planning to set up charging and battery swapping stations in more cities of the country for electric two and three wheelers by FY 22-23. EVI Technologies was incubated by Electropreneur Park, and […]

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India’s 1st Virtual Marketplace for EVs is All Set for Launch

Electric vehicles (EVs) have begun making inroads into common Indian households as a result of rising innovative collaborations among automobile manufactures, battery producers, research institutes and the government. In anticipation of a fast approaching boom in the sector, the country’s first virtual e-mobility marketplace – EV MARKETZ – is all set for a launch. The […]

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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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Around 20 Indian States Commit to Power Sector Reforms

Almost 20 states expressed interest in benefitting from power sector reforms in 2020 on account of incentives by way of increased market borrowing space, Ministry of Power (MoP) recently said in an official statement. The Ministry of Finance launched a programme in June 2021 to allow additional borrowing space to state governments on the condition that […]

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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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