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In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin

EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […]

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Nordex Group Bags 106 MW Lithuanian Wind Turbine Order

German wind turbine maker and seller, Nordex Group has announced that it has signed a contract with renewable energy developer E energija group for the supply and installation of wind turbines for a 106 MW wind project in Lithuania. Nordex Group said that the contract was signed March end. The order includes supply, delivery, and […]

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Jakson Group Poised for Manufacturing Expansion Through Agreement with Jinchen Corp

Indian energy group Jakson Group, has signed an agreement with Jinchen Corp, a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand its solar PV manufacturing capacities further in India upto 3 GW annually. It will also strengthen its plans […]

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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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CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit

The Central Electricity Regulatory Commission (CERC), in its latest suo-moto order has approved a reduction of the ceiling prices for different existing Day-Ahead Markets (DAM). It comes days ahead of the summer season when the peak demands are anticipated to escalate sharply, with the government making strenuous efforts to keep the lights on with a […]

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Sterling & Wilson Selects Nextracker for NTPC REL’s 1.255 GW/1.568 GW Project 

A provider of solar tracker and software solutions, Nextracker, has announced the signing of an agreement with Sterling and Wilson Renewable Energy Limited, which is renewable energy EPC and O&M solutions provider. Nextracker will deliver its solar trackers to NTPC Renewable Energy Limited’s 1.255 GW solar PV project in Khavda Renewable Energy Park, Gujarat. Sterling […]

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Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways

Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […]

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“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL

Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […]

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