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Electricity Market

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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BatX’s Strong Network Aided In Boosting Battery Recycling: Vikrant Singh

How did BatX Energies’ start its journey of recycling Lithium-ion batteries?  During one of our projects on making electric cars, we realized the importance of Lithium-ion batteries. The cost of making the car was around, and we were surprised to know that the cost of a Lithium-ion battery was almost the same. As India depends […]

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PV Module Manufacturer Alpex Solar Seeks Rs. 75 Crore Through IPO At NSE Emerge

The solar boom continues to make itself felt more publicly, with yet another firm, Alpex Solar, planning an IPO in February this year. Alpex solar has filed its Draft Red Herring Prospectus (DRHP) with NSE Emerge, for an IPO it hopes to complete during the month. The issue size comprises a fresh issue of 64,80,000 […]

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Taiwan’s FSP Group Launches PV Inverters, Energy Storage System

Taiwan-based FSP group has announced new green energy solutions include the LightUp off-grid PV Inverter and EnerX 3000 energy storage system. Founded in 1993, FSP Group (3015) is one of the world’s leading power supply manufacturers. LightUp Series PV Inverters Off-grid solar PV inverters are the most cost-effective solution for energy self-consumption for rural areas […]

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TotalEnergies, European Energy Expand Their Collaboration In Wind Energy

TotalEnergies, a multi-energy company, announced its collaboration with European Energy, which develops and constructs renewable energy projects. It recently signed a new agreement with European Energy to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden. This collaboration forms a part of its integrated development in electricity.  405 MW of offshore wind […]

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New Building Regulation Code Reduces Heat Pumps Emission By 25%: IEA Study

International Energy Agency (IEA) report on, “The Evolution of Energy Efficiency Policy to Support Clean Energy Transitions” outlines the changing energy system and shows why traditional energy efficiency policies must evolve, globally, to ensure clean energy transitions. In response to the evolving energy landscape, the IEA analysis focuses on leveraging existing policy foundations. For instance, […]

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Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report

A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, “Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase […]

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CIP, Ignitis Renewables Win Second Estonian Offshore Wind Tender

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million Having previously won the Liivi 2 site in Estonia’s first offshore […]

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Solar Europe 2023-Record Additions, Generation Seen in 2023 From Solar In Europe

That Europe added over 56 GW of solar in 2023 has already been documented. But it is the numbers  coming out from individual countries that make for interesting reading. Thus, even as powerhouses like Germany crossed 14 GW in fresh additions, smaller countries like the Czech republic made major strides as well, adding over 970 […]

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