SUBSCRIBE NEWS LETTER

PLI Scheme

Delhi Hosts The Largest Number of 4-Wheeler EVs in India, Says Govt Data

The latest data from the Ministry of Heavy Industries claimed that New Delhi hosts the higher number of Electric Vehicles (EVs) in the four-wheeler segment out of all the Indian states. The trend has come to the fore through an analysis of the ministry data based on their dashboard on the total number of EVs sold in […]

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Primed For Growth, Cosmic PV Power Rides India’s Solar Manufacturing Boom

Tell us about the current capacity of Cosmic PV Power. Cosmic PV Power Pvt. Ltd. was established in 2020, with a view to manufacture solar modules. The firm has developed engineering capabilities in producing high-efficiency PV modules in line with the Make in India objective. After the successful completion of the existing 250 MW manufacturing […]

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India To Become World’s Second-Largest Solar PV Manufacturer By 2026: Study 

A recent joint study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claims that India will likely become the second-largest solar photovoltaic (PV) module manufacturer by 2026. The report claimed that India’s total module manufacturing capacity more than doubled from 18 Gigawatt (GW) in March 2022 to 38 GW […]

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India’s Energy Transition – State of Play and Interesting Lead Indicators

Energy Transition has transformed from mere buzz word a decade ago to a ray of hope for our future. A nation’s energy transition journey encapsulates a wide gamut of subjects – policies, schemes, finances, economic growth, technology. In a series of articles to be published, we will explore these subjects pertaining to India. But from […]

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With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act

Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the  European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […]

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India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market

The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […]

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Maharashtra Races To Top In EV Pile With FAME 2 Fuel

Maharashtra is leading in the number of EVs sold across all segments. The State has achieved this place with the help of the FAME II Scheme. It has 2.96 lakh EVs out of total 16.73 lakh EVs/hybrids in the country. The next in line are Karnataka and Tamil Nadu with 2,03,592 and 1,69,006 respectively. FAME […]

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