Analyzing the forces shaping global financial markets, from geopolitics to macroeconomics
Australia witnessed a sale of 114,273 EVs during 2024. Of this 91,293 were BEVs while 22,980 were PHEVs, which indicated a rise of 17% from the sales witnessed in 2023. The top 10 selling models for EV during 2024 that attributed to this growth were – Tesla Model Y (21253 units), Tesla Model 3 (17094 units), MG MG4 (6934 units), BYD Seal (6393 units), BYD Atto 3 (5751 units), BMW iX1 (2618 units), Volvo EX30 (2129 units), BYD Dolphin (2116 units), BMW i4 (2062 units), Kia EV6 (1785 units).
As of January 2025, India’s solar power installed capacity has reached 100.1 GW, reflecting a significant addition of approximately 25.8 GW between January 2024 and January 2025.
The document outlines the Domestic Content Requirement (DCR) norms for Solar PV Cells issued by the Ministry of New and Renewable Energy (MNRE), effective as of the latest update.
The Draft Fourth Amendment to the CERC Connectivity and General Network Access (GNA) Regulations, 2025, introduces significant changes aimed at improving transmission system efficiency, optimizing renewable energy integration, and ensuring stricter compliance mechanisms. A key focus is the introduction of "Restricted Access" entities, which applies to Renewable Energy Generating Stations (REGS) and Energy Storage Systems (ESS) with limited injection scheduling rights based on solar and non-solar hours.
As of January 2025, NewZealand boasted an EV fleet of 116,355. Of this, 35,734 were PHEV while BEVs stood at 80,621. During a period from Jan-Dec’2024 a total of 6542 new BEVs & 3484 new PHEVs were registered in the country.
E-buses are one of the emerging technologies that offer opportunities to design an efficient transport system in terms of technology and fuel shift and economic incentives that can strongly contribute to economic transformation.
Tariff-Based Competitive Bidding Guidelines for the procurement of storage capacity or stored energy from Pumped Storage Plants (PSPs), issued by the Ministry of Power (MoP), India aims to support India's energy transition by enhancing grid stability, integrating renewable energy sources, and reducing peak-time electricity costs. The guidelines establish a transparent, standardized framework for procurement, ensuring fair risk-sharing among stakeholders, including developers, procurers, financial institutions, and regulatory bodies.
To boost the EV production in the country, the Government of South Africa announced that companies that invest in the production of electric vehicles (EVs) or hydrogen fuel cell vehicles in the country would be able to claim a 150% tax deduction on these investments, beginning in March 2026.
Morocco’s role in making Africa epicenter of global electric mobility production & trade Investment scenario in Morocco for scaling the production of EVs & EV batteries
The Union Budget 2025-26 outlines a significant push towards nuclear energy as part of India's long-term energy transition strategy. The government has set an ambitious target of 100 GW nuclear power capacity by 2047, positioning nuclear energy as a major pillar in India's energy mix.
The allocations for PM Surya Ghar Muft Bijli Yojana and PM Kusum Scheme has seen increase from 2024-25 due to positive response for these scheme shown by the country. PM SGMBY has helped increase the adoption of solar rooftop across the country.
Ministry of Power Expenditure Budget 2025 Breakdown: Sectoral Allocations and Market Insights, Breakdown of Budgetary Allocations for power generation, transmission & distribution
Budget 2025 boosts thermal efficiency, modernizes grids, and strengthens DISCOM financial stability
Comprehensive Analysis of India’s Union Budget 2025: Key Announcements and Sectoral Allocations, Budget 2025 Breakdown: Sectoral Allocations, Economic Roadmap, and Market Insights
The Ministry of New and Renewable Energy (MNRE) has issued a critical notification, the Solar Systems, Devices, and Components Goods Order, 2025, introducing revised efficiency and compliance standards for solar photovoltaic (PV) components in India.
It is indeed true that the initial excitement or buzz around green hydrogen business in India stands reduced with the initial enthusiasm from companies of all sizes entering India's green hydrogen sector has diminished, leading to a landscape increasingly dominated by large corporations.
The Telangana Electricity Regulatory Commission (TSERC) has received proposals from the Telangana distribution companies (TGDISCOMS), namely the Southern Power Distribution Company of Telangana Limited (TGSPDCL) and the Northern Power Distribution Company of Telangana Limited (TGNPDCL).
Eninrac’s insights upon Recovery of legacy dues in the Deviation Settlement Mechanism (DSM) Pool Account in pursuance of DSM Regulations, 2024. NLDC’s communication reflects ambiguity in the minds of some of the discoms about the order dated 15.10.2024
The draft regulations aim to establish a robust ancillary services framework to ensure grid reliability, operational efficiency, and frequency stability amidst growing renewable energy penetration and demand complexities. These regulations apply to intra-state entities, including power generators, transmission and distribution licensees, and entities with energy storage or demand-response capabilities.
Eninrac Insight: Analysing the impacts of the provided order (Petition No. 11/SM/2024) dated 22nd December 2024, by the Central Electricity Regulatory Commission (CERC) involves understanding the broader consequences on various stakeholders involved in the electricity generation and distribution ecosystem. The impact upon each stakeholder is enlisted
The key objective of the article is to understand the opportunity for BTM BESS application in India for C&I Consumers requirement from 30 kWh to 10 MWh and FTM application of more than 10 MWh. The growing penetration of variable renewable energy in GRID for energy transition shall be a challenge to cater for India in by 2032.