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DAEWOO India & eBikeGo Announce Collaboration For Developing e-Bikes

DAEWOO India, and eBikeGo, announced a new collaboration to develop and launch a range of personal mobility vehicles over the next five years. The partnership aims to transform the personal electric mobility segment by combining DAEWOOs Global image with eBikeGos innovative electric mobility solutions. The collaboration will focus on developing a diverse range of electric []

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Can Digital Solar Project Make Rooftop Solar More Accessible?

In 2023-24, Indias installed Rooftop Solar (RTS) capacity increased by 2.99 GW, marking the highest annual growth to date. According to the latest data from the Ministry of New and Renewable Energy (MNRE) Indias total installed rooftop solar capacity has reached 13.40 GW by the end of July 2024. Following the launch of the PM []

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Survey Places GenZ On Top For Affinity To Solar Solutions In India

A multi city survey in India of over 4000 respondents has thrown up some interesting findings when it comes to awareness of, and perception of solar power solutions. Gen Z (those aged between 27- 40years) leads with 50% awareness, followed by Millennials at 46% (those aged 28 to 43) , and Gen X (44 to []

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NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs

On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtras Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. []

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Alpex Solar To Double PV Module Capacity, Explore Cell Production

Greater Noida-based NSE Emerge-listed solar systems manufacturing Company Alpex Solar Ltd today announced its expansion plans to double its photovoltaic solar module capacity to 2.4 GW. The greenfield project will be installed in the companys newly acquired land parcel at Kosi Kotwan, Mathura, Uttar Pradesh. Besides, the Board also authorised the Managing Director of the []

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Jakson Engineers To Invest Rs 2,000cr On Solar Manufacturing

Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, announced an expansion of its solar manufacturing business. The company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing []

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Chinese Module Makers Push Across New Frontiers In Search For New Markets

Hemmed in by domestic overcapacity and trade walls coming up in traditional export markets like the US, Europe and India, Chinese module makers have made an unprecedented push to take solar to newer markets. It remains to be seen if these new markets offer the dame reward and returns equation for these suppliers. Be it []

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Polysilicon Market Bleeds Top 4 Chinese Manufacturers With Losses In H1

German polysilicon market specialist Bernreuter Research reports that the top 4 Chinese polysilicon manufacturers all slipped into losses in the first half of 2024. Consequently, at least three of the top 4 have cut down on capacity utilisation in the second half of the year, even as Tongwei continues to maintain output. In the first []

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IEXs August Power Market Update

The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased []

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