SUBSCRIBE NEWS LETTER

Electricity Act

India’s Energy Consumption In July 2022 Rises By 3.8%

In July 2022, India witnessed a rise in electricity (energy) consumption by 3.8%. This information was released by the Power Ministry of India. According to the figures, the total power consumption of India in July was 128.38 billion units, which is 3.8% more than the previous year. The amount of power consumed in July 2021 […]

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ReNew Power Will Invest $8 Billion In Green Hydrogen in Egypt

Gurugram based ReNew Power has signed a Memorandum of Understanding (MoU) with the Egyptian government for the development of projects in Egypt for the production of green fuels. The General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy […]

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TotalEnergies Reveals Q2 Results; Company Records Jump In Profits

Global renewable energy player, TotalEnergies has announced its financial results of the second quarter of 2022. It has said that the EBITDA from the renewables and electricity business of the company has grown to $462 million in the second quarter. TotalEnergies says that this is 49 per cent more as compared to the corresponding quarter […]

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Total Eren Launches Ambitious Wind Farm Project

Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced the launch of the construction and successful financial close of the Parang Project, which entails a 16.7 MW wind farm, set up together with its partners WEEN E&S and Korea Midland Power (KOMIPO). The Project has been co-developed by Total […]

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HPX Launches More Trading Segments, Including Green Day Ahead Market

Hindustan Power Exchange (HPX), India’s third and newest  power exchange promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, today launched Day Ahead Market (DAM), Green Day Ahead Market (G-DAM) & Real Time Market (RTM).  With the launch of these segments HPX will enhance its portfolio to six segments, thereby further strengthening its […]

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Solar Trackers: Poised To Boom With Solar Once Again

Solar trackers are usually paired with ground mount solar systems in order to increase energy output of the solar panel. Recently, rooftop-mounted trackers have also emerged in the market. So, what is a solar tracker? How is it instrumental in boosting energy output of solar panels? In the simplest of terms, a solar tracker is […]

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Filatex India Signs PPA To Purchase Renewable Energy

Filatex India Ltd, has signed a PPA with FP Crysta Energy Pvt Ltd and an SHA with FPEL Sunrise Pvt Ltd. The agreements have been signed under Gujarat’s Hybrid Wind-Solar Power Policy 2018 to mitigate the cost of energy from the grid that has constantly been on the rise and while also keeping in mind […]

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Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association

According to a report from the American Clean Power Association (ACPA),  a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […]

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