consumers

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Government Points to DISCOMs’ Role in Tepid Rooftop Solar Installations

The blame for the country’s underwhelming performance in rooftop solar installations as against the 2022 target primarily lies with the state-owned distribution...

December 27, 2022

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Sumit Jha

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Markets & Policy

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Rooftop

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Solar
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Bounce Infinity Launches its Electric Two-Wheelers on Flipkart

Bounce Infinity, the electric vehicle (EV) manufacturing arm of Bounce announced the launch of electric two-wheelers on the e-commerce marketplace Flipkart. This is a...

July 22, 2022

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Vijayalakshmi Sridhar

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Electric Vehicles

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Grid
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Consumer Power Tariffs to be Hiked Automatically When DISCOM Power Purchase Costs Rise

The Ministry of Power (MoP) has notified Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021, and asked states to allow distribution companies...

November 12, 2021

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Harsh Shukla

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Grid

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Market & Policy
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First Phase of Market-Based Economic Dispatch of Power to Start from April 2022

The Ministry of Power (MoP) has released the framework for implementing the Market-Based Economic Dispatch (MBED) – Phase 1 program to reduce consumers’ power...

October 8, 2021

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Harsh Shukla

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Grid

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Utilities
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Smart Solar Module Technology Provider Tigo Energy Secures $20 Million in Funding

Tigo Energy, a U.S.-based smart solar module technology provider, has secured a $20 million investment in the latest funding round led by Energy Growth Momentum, a U.K....

January 18, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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Electric Two-Wheeler Sales Decline By 5.46% in 2020

The sale of electric two-wheelers (E-2W) in India stood at 25,735 in 2020, a 5.46% decline compared to 27,224 in 2019, the Society of Manufacturers of Electric Vehicles...

January 7, 2021

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Harsh Shukla

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Electric Vehicles

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Grid
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Government Asks PGCIL to Offer 20-25% Rebate to DISCOMs on ISTS Charges

The Power Grid Corporation of India Limited (PGCIL), a state-owned power transmission company, recently received a letter from the Ministry of Power to consider offering...

May 19, 2020

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Anjana Parikh

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Grid

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Market & Policy
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Rooftop Solar Solutions Provider MYSUN Raises ₹320 Million in Pre-Series A Funding

MYSUN, a Delhi-based technology platform for rooftop solar energy solutions, has raised ₹320 million (~$4.2 million) from its existing investors in a structured equity...

April 30, 2020

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Anjana Parikh

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Finance and M&A

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Solar
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Draft Model Regulation Issued for Grid-Interactive Distributed Renewable Sources

The Forum of Regulators (FoR) has issued draft model regulation for grid-interactive distributed renewable energy sources to be followed by all states in India. These...

May 17, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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Gujarat Provides Subsidy to 2,000 Consumers for Purchasing Two-Wheeler EVs

Around 2,000 people have been provided subsidies for the purchase of two-wheeler Electric Vehicles (EVs) in the state of Gujarat. Each beneficiary has been provided a...

February 19, 2018

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Saumy Prateek

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Electric Vehicles

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Energy Storage

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