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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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BYD Overtakes Tesla on EV Leaderboard To Become World’s Biggest EV Producer

China’s BYD has seized Tesla’s crown as the world’s biggest EV producer. This comes as a consequence of the number of sales reflected in the first six months of 2022, as per July 5 filing by the company. The Shenzhen-based carmaker sold about 641,000 new energy vehicles (NEVs), including electric vehicles and hybrids, in the […]

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Arctech To Supply Solar PV Trackers to Brazilian Project Worth 168MW

America based solar tracker manufacturer, Arctech has announced that it has signed an agreement with Mori Energia for the supply of solar PV trackers for a Brazilian solar power project worth 168 MW, SkyLine Project. The company says that the new order shows the dedication of Arctech to strengthen its foothold in Brazil and expand […]

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Indore Takes A Leaf From Gujarat Sludge Treatment Plant, To Turn Solar

Indore Smart City Development Limited is going to set up a second solar-run sludge hygienization plant in Kabitkhedi area of Indore. The first state to do so was Ahmedabad. The dedicated solar power plant is expected to reduce power consumption by up to 50 per cent. Second city in the country after Pirana in Gujarat, […]

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Grid-Scale Energy Storage Systems Are The New Evolution for Energy Sector

 In the next decade, Energy Storage Systems (ESS) is tipped to make its mark in the power industry. The most recent standalone ESS tenders from Solar Energy Corporation of India and NTPC are poised to increase capacity and augment the growth of the regional ecosystem.   India’s goals for renewable energy will depend heavily on […]

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Enlight About To Acquire 525 MW Solar, Wind Projects In Croatia

Israel based clean electricity producer Enlight Renewable Energy has announced the signing of an agreement for the acquisition and joint development of a 525 MW portfolio of renewable energy projects in Croatia. The portfolio comprises five projects, four of which are solar, totaling 386 MW and one of which is wind, totaling 139 MW. These […]

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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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