IEX Launches Daily and Weekly Contracts on its Green Term-Ahead Trading Platform

IEX Launches Daily and Weekly Contracts on its Green Term-Ahead Trading Platform

The Indian Energy Exchange Limited (IEX) said it launched green daily and green weekly contracts on its green market trading platform. The contracts will be available for both solar and ...
Adani Solar’s Mundra Unit to Expand its Cell and Module Manufacturing Capacity by 2 GW

Adani Solar’s Mundra Unit to Expand its Cell and Module Manufacturing Capacity by 2 GW

Adani Solar plans to expand its cell and module manufacturing facility with an additional capacity building of 2 GW. “The new capacity will come online in 2021. The proposed capacity ...
/ / Modules, Solar
Solar Installations in India Picked Up Speed With 438 MW Added in Q3 2020

Solar Installations in India Picked Up Speed With 438 MW Added in Q3 2020

India added 438 MW of solar in the third quarter of 2020 (Q3 2020), a 114% rise over last quarter's 205 MW, according to Mercom India Research's newly released Q3 2020 ...
Sungrow, FIMER, Sineng Were Major Solar Inverter Suppliers to India in 1H 2020

Sungrow, FIMER, Sineng Were Major Solar Inverter Suppliers to India in 1H 2020

Sungrow, FIMER India (formerly ABB), and Sineng Electric were top solar inverter suppliers overall to the Indian solar market in the first half (1H) of the calendar year (CY) 2020, ...
IEX’s Real-Time Market Trades 814 Million Units of Power in October

IEX’s Real-Time Market Trades 814 Million Units of Power in October

The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a total trade volume of 814 million units (MU) of power in October 2020, up 16% from ...
VC funding for Battery Energy Storage Companies Was up 78% With $661 Million in Q3

VC funding for Battery Energy Storage Companies Was up 78% With $661 Million in Q3

Global corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors was up 165% in the third quarter of ...
Power Exchanges Hoping to Resume REC Trading by October End

Power Exchanges Hoping to Resume REC Trading by October End

Power exchanges might resume trading renewable energy certificates (RECs) in October after the Appellate Tribunal for Electricity (APTEL) issued an order postponing their trade early August. Renewable Energy Certificates “REC ...
India Installs Just 205 MW of Solar Capacity in Q2 2020

India Installs Just 205 MW of Solar Capacity in Q2 2020

India added only 205 MW of solar capacity in the second quarter of 2020 (Q2 2020), an 81% decline from the previous quarter's 1,090 MW of additions. The findings were ...
IEX’s New Real-Time Power Market Sees Over 515 Million Units of Trading Volume in July

IEX’s New Real-Time Power Market Sees Over 515 Million Units of Trading Volume in June

The Indian Energy Exchange (IEX) announced that its new real-time electricity trading platform had enabled a trading volume of 515.46 million units (MUs) of power in June 2020, its first ...
Sale of Electric Cars Likely to Touch 10 Million Mark in 2020_ IEA Report

Sale of Electric Cars Likely to Touch 10 Million Mark in 2020: IEA Report

The number of electric cars plying on the road is expected to touch almost 10 million in 2020, with sales growing despite the coronavirus pandemic, according to a new report ...
ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019

ReNew Power, NLC India, and Azure Power emerged as the top utility-scale solar project developers in India in terms of installed capacity in the calendar year (CY) 2019, according to ...
Solar and Non-Solar REC Trading Plummets in April

Solar and Non-Solar REC Trading Plummets in April

Due to the lockdown caused by the coronavirus (COVID-19) pandemic, there was a significant decrease in the trade volume of both solar and non-solar renewable energy certificates (RECs) in April ...
CDPQ’s Share in Azure Power Rises to 50.9%

CDPQ’s Share in Azure Power Rises to 50.9%

Caisse de dépôt et placement du Québec (CDPQ), one of Canada’s leading institutional investors, has acquired an additional 717,701 shares from a shareholder of Indian independent power producer Azure Power ...
Indian Solar Industry Optimistic Going Into 2020

Indian Solar Industry Optimistic Going Into 2020

After a somewhat disappointing year, the domestic solar industry’s hopes are pinned on 2020. Towards the end of 2019, Mercom revised its estimates for the calendar year (CY) 2019 down ...
October’s Solar REC Trading Sees Record High Price of ₹2,400

October’s Solar REC Trading Sees Record High Price of ₹2,400

In October’s renewable energy certificate (REC) trading session, there was an increase in the number of solar and non-solar RECs that were traded compared with the trading activity recorded in ...
/ / Markets & Policy, Solar
Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

Although India has so far installed nearly 1.6 GW of rooftop solar capacity, it needs to add another 38.4 GW more if it is going to achieve its targeted goal of ...
/ / Rooftop, Solar