SUBSCRIBE NEWS LETTER

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Countries That India Can Seek Inspiration From For Renewable Investments

India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […]

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MG Unveils Two EVs at Auto Expo ’23: Hatchback MG4 & Plug-in Hybrid SUV- MG EHS

MG Motor India has showcased its vision for future mobility, Drive.Ahead, at the Auto Expo 2023 today. The company unveiled a line-up of 14 production-ready vehicles from its portfolio that communicate its focus on sustainable, conscious, and innovative technology as part of MG’s vision in India. Speaking at the event, Rajeev Chaba, President, and MD, […]

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IEX December Power Trading Update

India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […]

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HPX Achieves 1 Billion Units Trading Milestone

Hindustan Power Exchange Ltd. (HPX), India’s newest power exchange promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, has reached the milestone of 1 Billion units of power traded within six months of its launch. The milestone has come on the back of over  360 market participants. HPX has also raced to register […]

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Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security

Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […]

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SECI Opens Up Bidding For Rs 19,500 Crore Solar PLI

It’s finally here. The Solar Energy Corporation of India (SECI) has invited bids for the much awaited Solar PLI (performance Linked Incentive) tender that is expected to give a huge boost to the solar sector in terms of manufacturing prowess and backward integration domestically. The tender, under tranche II of the PLI program has a last […]

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General Motors Secures 100% Energy Needed to Achieve RE Goal

Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […]

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Shining Bright. India’s Solar Start Ups

When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term  perspective […]

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AMP Energy Joins The Manufacturing Trail, To Make Solar Modules and Cells

Amp Energy India, one of India’s leading renewable energy companies hitherto focused on EPC and the C&I segment, has announced a joint venture (JV) with Websol Energy Systems Ltd. for manufacturing and production of upto 1.2 GW monocrystalline PERC solar cells and modules. The companies have entered into a Term Sheet for establishment of a […]

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