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The market’s evolution should not solely rely on subsidies: Manish Chugh, Co-founder & Director of Aponyx Electric Vehicles

Aponyx, an electric vehicle manufacturer, was founded in 2017 at IME Manesar, Gurugram, Haryana. The founders focused on  embracing the opportunity to demonstrate innovations in the electronics and electrical sectors. As technology advanced and various electrical appliances were introduced to the market, the company manufactured and serviced various electronic equipment and appliances including all reputed […]

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CleanMax Inaugurates 400 MW Wind Solar Hybrid Project in Gujarat

CleanMax Enviro Energy Solutions, a C&I renewable energy firm has inaugurated a 400 MW wind-solar hybrid project in Babra, Gujarat. The firm says that this is the first project to have the latest 3.3 MW Envision turbines. The said project was completed within 16 months of inception, and it was ensured that only unutilized commercial […]

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IEX Reports 8% Rise In Net Profit In Q1 On YoY

The Indian Energy Exchange (IEX) has announced its financial results for Q1 of FY 24. The overall picture of the report revealed that while the leading Indian energy exchange firm witnessed a rise in its income and net profit on a year-on-year basis, its income and net profit plunged on Quarter-on-Quarter (QoQ) basis.  The unaudited […]

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Chhattisgarh Offers Sops For Grid-Connected Solar DRE Units

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has come out with a new draft regulation to boost the uptake of grid-connected distributed renewable energy (DRE) units in the state. The Commission has now proposed a second amendment to its Gid-Connected DRE Regulations. These rules will be applicable from September 1, 2023. The draft CSERC (Grid […]

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India Requires 13L Charging Stations By 2030: CII Report

A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually.  The industry association […]

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Mini-grids Best Suited To Electrify Unelectrified Population: ISA Report

The latest report by the International Solar Alliance (ISA) on universal energy access emphasized the role of solar energy in ensuring energy access in unelectrified regions in the world. ISA released the report during the 14th Clean Energy Ministerial (CEM) in Goa today with representatives from the Ministry of New and Renewable Energy (MNRE).  The latest report […]

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Five Reasons That Make Agrisolar Significant To The World

Agrivoltaics refers to the simultaneous use of land for agriculture and photovoltaic (PV) power generation. It is great idea for a country like India, where over 60% of land is employed for agriculture, and the  scarcity of land is a persistent problem thanks to an expanding population and urbanisation. Agrivoltaics offer a promising prospect in […]

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Courtyard by Marriott Madurai Installs Fast EV Charging Station

The hotel industry has begun to recognize the significance of going green. In the recent past, several of them have taken measures such as establishing EV charging stations with the goal of enabling electric mobility- Novotel Hyderabad Airport, Le Roi Hotels to name a few. The most recent one to step onto the bandwagon is […]

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IEX Sees 8% Volume Increase YoY in June ’23 to Reach 8946 MU

Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8946 MU overall volume in June 2023, including green market trade of 272 MU, 5.33 lac RECs (equivalent to 533 MU) and 2.44 lac ESCerts (equivalent to 244 MU). The overall volume during the month was higher 8% on YoY basis. IEX achieved 25,125 MU volume […]

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