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energy markets

UPERC Mulls Introduction Of Green Tariff In Uttar Pradesh

The Uttar Pradesh Electricity Regulatory Commission (UPERC) informed the State Advisory Committee (SAC) members during a meeting that a green tariff may soon be implemented for the industrial and the commercial users to receive up to 100% of their electricity from renewable sources despite higher price. In a news item published on June 29, the […]

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Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others

US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment.  With the help of this growth equity investment from TPG Rise & Others, Intersect […]

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Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange

The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […]

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The Top 5: If Picking An EV Truck, Make It One OF These

Electric mobility has emerged as the most promising alternative to conventional ICE vehicles. The global automotive market is pushing for electric mobility at record rates The electric vehicle is clearly influencing two-wheeler and four-wheeler markets while having already made a significant impact on three-wheelers. Similarly, EV pickup trucks has also not remained a novel concept […]

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OX2 Looks To Construct 5.5 GW Offshore Wind Farm Off Sweden

Global renewable energy developer OX2 has announced that it has submitted a permit application under the law that deals with Sweden’s Exclusive Economic Zone for the construction of an offshore wind farm. The project called Aurora will come up between the islands of Gotland and Oland.  Sweden is aiming to double its renewable energy capacity  […]

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Sungrow Leads the Inverter Race Globally After Shipping 47.1 GW Products in 2021

China-based Solar Inverter manufacturer, Sungrow shipped 47.1 GW of products in 2021 to become the global leader. Not only that, but they also expanded their production facilities across Asia in 2021. Sungrow has a 10 GW manufacturing facility in Bengaluru, that was recently expanded, besides another 10 GW plant in Thailand. The top 10 global […]

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Battery Swapping Primer: A Viable Alternative to Charging Stations

Battery swapping can be a game-changer, bringing the world a few steps closer to electric vehicles. It has the potential to enhance the attractiveness of electric mobility by addressing both the early market purchase price disparities with conventional vehicles and, importantly, the recharging time challenges of electric vehicles (EVs). A swap station offers a fully […]

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System Level Solutions To Form Subsidiary VerdeMobility India Pvt Ltd For CPO Business In India

An integration specialist company, System Level Solutions has announced the formation of its subsidiary VerdeMobility India Pvt. Ltd. for CPO business PAN India. The formation seeks to address the evolving and dynamic landscape of electric vehicles and  revolutionize EV charging at the same time. The new entity will also focus on smart solutions to create […]

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India Needs $223 Billion To Meet 500 GW RE Target By 2030

As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […]

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