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Green Energy

Shell To Build Europe’s Largest Renewable Hydrogen Plant

When Holland Hydrogen I starts operating in 2025, it will produce up to 60,000 kg of renewable Hydrogen and become the largest renewable hydrogen plant in Europe. Hydrogen will be produced by a 200 MW electrolyser, which will be constructed by Shell Nederland and Shell Overseas Investments in the port of Rotterdam. “Holland Hydrogen I […]

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Japanese Scientists Fabricate A Near-invisible Solar Cell Of 79% Transparency

A near-invisible solar cell has been fabricated by Japanese scientists after making indium tin oxide (ITO) and tungsten disulfide (WS2) as the base. ITO and WS2 act as a transparent electrode and a photoactive layer, respectively. A report recently published mentions that PV device is also referred to as Schottky junction solar cell. This proves […]

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Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe

Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the  increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […]

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Hindustan Power Exchange Commences Operations

India formally welcomed it’s third power exchange on June 6, as Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission. Backed by the latest technology and a series of innovative features, the exchange promises to offer […]

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GE Commissions 180-MW Bajoli Holi Hydro Project In Himachal’s Chamba Region

The 180-MW Bajoli Holi Project, consisting of three units of 60 MW each, in Chamba district of Himachal Pradesh has been commissioned by GE Renewable Energy‘s Hydropower business 7 years after bagging the contract in March 2015. the project was commissioned on behalf of GMR Energy, the operator for the project. Connected to the grid […]

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Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr

The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […]

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Siemens Gamesa Turbines For Giant Gennaker Offshore Wind Project In Germany

Siemens Gamesa has announced signing of a Master Supply Agreement for the 927-MW Gennaker offshore wind power plant with German conglomerate wpd AG. Located 15 km off the German coast, the project is intended to feature 103 Siemens Gamesa Direct Drive offshore wind turbines each with a 167-meter rotor. The official statement says that with […]

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The Long Road For Electric Trucks In India

The transportation sector is responsible for nearly 14% of India’s total GHG emissions. It is also the fastest-growing greenhouse gas emissions sector in India. Road transport, in particular, accounts for over 90% of transport emissions in the country. Therefore, to achieve the net-zero goals, India has to decarbonise road transport. Electrification of road transport will […]

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IEX Power Trading Update for June 2022

The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments.  Owing to improved supply-side availability, the prices at the day […]

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