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Stem, a smart energy storage company, posted revenue of $44.1 million in the first quarter (Q1) of 2022, a year-over-year (YoY) spike of 166% from $15.4 million in the same ...

The electric vehicle (EV) sector in India expects high growth in the current year on the back of robust funding received by EV companies in 2020. Companies believe that demand ...

The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a trading volume of 1,233 million units (MU) in January 2021, a 9.2% monthly increase. This was ...

The total installed capacity in the open access (OA) market as of December 2020 stood at almost 4 GW, with a project development pipeline of over 1 GW, according to ...

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 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 ...

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 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, ...

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 ...

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 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 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 ...

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 ...

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 emerged as the top utility-scale solar project developers in India in terms of installed capacity in the calendar year (CY) 2019, according to ...

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 ...

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 ...

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 ...

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 ...

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 ...