IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
Aland Island Set for Large-Scale Integrated Renewable Energy Updated On Thu, Nov 2nd, 2023 by Saurenergy Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an ambitious integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and other local anchored value creating activities on Åland. CIP, through Copenhagen Energy Islands, Lhyfe and Flexens have jointly launched the Åland Energy Island project. The project will […] Read more
TotalEnergies Starts 380 MW Utility-Scale Solar Plant with Battery Storage in Texas Updated On Thu, Nov 2nd, 2023 by Saurenergy French Energy major TotalEnergies has started commercial operations of Myrtle Solar, its utility-scale operated solar farm in the United States. Located south of Houston, Texas, Myrtle has a capacity of 380 megawatts peak (MWp) of solar production and 225 MWh of co-located batteries. With 705,000 ground-mounted photovoltaic panels installed over an area equivalent to 1,800 American football […] Read more
Lead – System Studies Updated On Wed, Nov 1st, 2023 by Saurenergy FACTS PDG part of Grid Solutions, a GE Renewable Energy business, delivers high power (>100MVAr) Flexible AC Transmission Systems (FACTS) as Static Synchronous Compensators (STATCOM) and Static Var Compensators (SVC), Fixed Series Capacitors (FSC) and Synchronous Condensers (SC) systems. These FACTS devices are used to control power system voltage and reactive power flow, also typically […] Read more
UAE Rising: Top 5 Reasons Why This Gulf State Is A Renewable Leader Updated On Wed, Nov 1st, 2023 by Saurenergy The United Arab Emirates (UAE), one of the smallest members of the OPEC cartel, and among Arab nations, continues to remain one of the world’s energy powerhouses. While ranking 116th in size, the country has continued to retain a rank as the world’s 8th largest producer of crude oil. But the country is making headlines […] Read more
US Bipartisan Infra Law To Create $8.3bn In12 Years: DOE Updated On Wed, Nov 1st, 2023 by Saurenergy The Department of Energy (DOE) in the United State recently announced Twin States Clean Energy Link, the National Grid’s proposed transmission project. This project will support New England’s climate, clean energy, and energy security goals. This was selected as one of three projects nationwide to receive investment through the US Bipartisan Infrastructure Law’s Transmission Facilitation […] Read more
What is ailing the growth of solar irrigation in Bihar? Updated On Tue, Oct 31st, 2023 by Saurenergy Birender Singh is a 68-year-old farmer based at Azamgarh village in Sitamarhi district of Bihar. Buoyed by his interest in solar, he installed a 2HP, off-grid solar pump in 2016. It was installed under the state government’s Chief Minister New and Renewable Energy Solar Pump Scheme. Singh was among the 2,771 farmers who received the subsidized solar pump under the […] Read more
RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA Updated On Tue, Oct 31st, 2023 by Saurenergy COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […] Read more
Waaree Energies Wins 200MW Module Supply Mandate from ENGIE India Updated On Tue, Oct 31st, 2023 by Saurenergy Indian solar module manufacturer Waaree Energies announced receiving a mandate from ENGIE India for the supply of 200 Megawatt (MW) of solar modules for a solar power project at Sayla village in the Surendra Nagar district of Gujarat. ENGIE India is a subsidiary of the French-based ENGIE Group, a global player in low-carbon energy and […] Read more
