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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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What India’s Large Storage Tender Means for Its Coal Thermal Sector

Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […]

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Greenbacker Enters Tax Equity Commitment With Morgan Stanley Renewables

Greenbacker Renewable Energy has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. Greenbacker Renewable Energy Company has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. The tax equity financing will be placed on a diversified portfolio of solar commercial and industrial […]

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We Hope Deeper Cooperation with India by Setting up Factories Here: Idrish Khan

Setting up manufacturing base in India is one of our future plans. India is a large country with growing photovoltaic product consumption and has huge potential. As Indian government is encouraging the Make in India concept. We also hope to deeper cooperation with India by setting up factories in India in the future and provide […]

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Startup Feature – RACEnergy

Brief details Total employees: 10 Key operational areas (Products, Regions, Clients): The company is making electric conversion kits for three-wheelers and battery swapping stations. It is targeting to launch its products in urban areas, especially Tier 1 cities. The company does direct sales to auto-rickshaw drivers and is also looking to partner with OEMs to […]

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Synergy Needed Among Architects, Real Estate Developers, Govt to Deliver Green Buildings: Sanjay Seth

Synergy is required amongst the architects, the real estate developers and the government to design and deliver green buildings. Green buildings are still perceived to be expensive by the end users. While there have been steps taken to orient the market towards a life-cycle approach in estimating the financial implication of construction, operational savings due […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA

ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […]

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Energy Storage to Accelerate Global Energy Transition: WoodMac

The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […]

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