Electric car sales have been picking pace in India. Though the target is to electrify ~30% of the fleet by 2030, the country still has a long way to go. Electric car sales crossed the 18,000 mark registering a growth of ~270% in the first half of FY23. Tata is leading the charts (~85% market […]

Modhera is a village located in the Mehsana district in Gujarat. It is popular for its Sun Temple, located along the Pushpavati River. The temple was built way back around 1026–1027 by Bhima-I of the Chalukya dynasty. This marks a welcome step towards promoting clean and sustainable energy. A strategic location was chosen in Modhera as the […]

Maharashtra, Uttar Pradesh, Andhra Pradesh, and Madhya Pradesh were the laggards when it came to renewable energy installation in India this year. India has established a target to achieve 175 GW of renewable power generation capacity by December 2022, but the progress seems to be very slow. The country has established a base of 116 GW so far now but […]

India’s power sector, which is highly dependent on low-quality coal has been a huge contributor to the country’s GHG emissions. These power plants are not only inefficient but also operate at lower plant load factors (PLF). These power plants are located mostly in cities and are another cause of rising air pollution in urban centers. Solar has […]

25 Key Financial Takeaways for the Indian Market 1) Indian retail inflation touched 7% in August, compared to 6.7% in July. 2) Inflation rose above RBI’s comfort zone of 2%-6%. 3) Higher food and fuel prices and a weaker rupee have contributed to higher inflation data. 4) Bad weather, heatwaves, and erratic monsoon conditions to […]

India is expected to become the largest electric vehicle market in the world with its market share of electric cars expected to rise to 30% by 2030. The country’s EV market is expected to grow at ~49% CAGR between 2021-2030. Yearly sales of 17 million units are estimated with electric two-wheelers leading the charge with sales of ~15 million. Also, read Green […]