In Short : Simple Energy plans a 19-fold expansion of its retail network by 2029, aiming to strengthen its footprint in India’s EV market. The company also targets an IPO in FY27 to raise capital for growth. With these moves, Simple Energy seeks to scale operations, boost sales, and solidify its position in the rapidly […]
India’s solar PV component market to cross $7 billion by 2029: Report – EQ
In Short : India’s solar PV balance of system (BoS) market is expected to grow from \$3 billion in 2024 to over \$7 billion by 2029, at a CAGR of 16%. This surge is driven by India’s renewable energy targets, aiming for 500 GW of non-fossil fuel power capacity and sourcing 50% of electricity from […]
India’s Path to Energy Independence: Renewable Surge Could End Coal Imports by 2029 – EQ
In Short : India can eliminate thermal coal imports by 2029 and save $66 billion if it adds 50 GW of renewable energy annually, according to a Climate Risk Horizons report. With coal imports reaching $21 billion in 2023-24, the shift to renewables would enhance energy security, reduce financial risk, and align with India’s target […]