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Indian market

Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report

2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […]

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Signify Innovations Predicts Growth in Solar Lights Segment

Signify Innovations India is expecting a good opportunity in the solar lights segment going forward, not only from the rural market but also from the urban market. Signify Innovations India (earlier Philips Lighting India), with 29 million connected light points worldwide is expecting good opportunity in the solar lights segment going forward, not only from the […]

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Ratan Tata Invests in Ola Electric Mobility, Backs Ambition to Scale EVs in India

Ratan Tata’s investment in Ola Electric is being seen as an endorsement of the company’s approach to developing an electric mobility ecosystem, including innovations in charging infrastructure, swapping models, and market-appropriate products. Ola Electric Mobility has announced that Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the company as part of its Series A […]

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FAME Alone Not Enough to Boost EV Adoption

FAME alone is not enough to reach the 2030 target, various measures as prerequisites are needed in this transition. Policies like FAME need to be supplemented with measures such as domestic manufacturing of vehicles, batteries, and components to boost mass adoption of electric vehicles by 2030, industry body Confederation of Indian Industry (CII) has said.  […]

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Average Spot Power Price Falls 19% in April to Rs 3.22/Unit

The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 percent decline over 3.98 per unit in April 2018. Average spot power price at the Indian Energy Exchange (IEX) declined 19 percent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on […]

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Jamia Milia University Makes Prize Winning Smart Solar Inverters’ Model

To aid rural electrification and promote reliable electricity distribution in the Indian villages, a professor from Delhi based Jamia Milia Islamia with his group of researchers has invented a smart solar inverter to replace traditional inverter which is expensive and also not environment-friendly. Ahteshamul Haque from the Department of Electrical Engineering in Jamia Milia Islamia […]

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REC Sales Drop Again, Down 65% in April to 3.68 Lakh

Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year. Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year due […]

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Interview with Pawan Pandey, Director | Radite Group

Radite Mulls Entry Into Electric Vehicle Charging Segment We have serious plans for entering the EV charging segment, and have already done a lot of groundwork in this regards. We are very hopeful of establishing our first station in first quarter itself, says Pawan Pandey, Director, Radite Group, one of the fastest growing companies in […]

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US Wind Pipeline Grew by 6.14 GW in the Q1 2019: Report

A burst of new wind farm announcements in the first quarter of 2019 propelled the total volume of U.S. wind power construction and development activity to a record level according to the newly released U.S. Wind Industry First Quarter 2019 Market Report.  The American Wind Energy Association’s (AWEA) report reveals that U.S. project developers announced new wind […]

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