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Electricity Market

Bihar Pins Hopes On Lakhisarai Solar Project To Increase RE Capacity

Bihar, struggling to increase its renewable capacity due to several challenges, has now pinned its hope on the proposed Lakhisarai solar project. The 185 MW solar power project at Kajra in the Lakhisarai district of Bihar will increase the state’s renewable capacity by around 44 percent.   As per the latest data from the Central Electricity […]

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Senior Mechanical Product Design Engineer

Drive product design throughout the engineering process; implementing holistic hardware solutions from concept to mass production within a collaborative global R&D team Generate and refine mechanical designs and drawings in PTC Creo/PDM/Ansys Pioneer product innovations to satisfy market requirements; prioritizing cost, ease of installation, and design aesthetic Apply engineering expertise to establish robust structural, thermal, […]

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System Engineer – Microgrid

This role has the primary responsibility to contribute to the growth of MicroGrid business through innovative microgrid architectures delivery contribution.  The incumbent will be accountable for Integration test of the microgrid Flex architecture. He will have to integrate the system elements (software, protocols, control …) delivered by the different disciplines and confirms they interact appropriately […]

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Oxford PV Achieves 25% Solar Cell Efficiency; Claims World Record

Oxford PV, a British firm pioneering advanced photovoltaic cell technology, has claimed to have achieved a remarkable 25% conversion efficiency, surpassing the typical 24% efficiency of commercially available silicon-based solar cells.  Oxford PV says that this is now a new world record in solar panel efficiency. Solar modules employing these higher efficiency cells yield greater […]

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Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030

Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […]

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Amazon Signs Pact With ENGIE To Procure 473MW RE From Wind Farm

Amazon signed a corporate power purchase agreement (CPPA) with ENGIE, increasing its output share from Ocean Winds’ Moray West offshore wind farm. The agreement would bring Scotland’s total renewable energy capacity operational this year to 473MW when the site becomes operational later this year. ENGIE stated, “This is enough energy to power more than 650,000 […]

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Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden

Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […]

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“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables

Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […]

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IEX Q3 Results- Revenue Up 20.3%, Volumes 16.8% YoY

India’s premier power exchange, the India Energy Exchange(IEX) has announced its Q3 results for FY24. The firm reported a decent set of numbers, with revenues up 20.3% YoY to Rs 141.2 crores, even as power traded on the exchange rose to 28.3 BU a 16.8% growth YoY. Standalone profit after tax rose to 89.3 crores, […]

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