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energy markets

IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline

India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are:       (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […]

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Here’s How Taiwan’s Gogoro Leads With Innovation In Electric Two-wheeler Industry

Based in Taipei (Taiwan), Gogoro is a two-wheeled electric vehicle and battery swapping infrastructure manufacturer. It offers a range of smart electric two-wheelers that feature cloud connectivity and an electric powertrain – gathering, analysing, and sharing riding data through a mobile application on the rider’s smartphone. Summing it up, Gogoro is an innovation leader in […]

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IEEFA: Widespread adoption of carbon capture, utilization and storage technologies in South East Asia remains highly unlikely

Carbon, capture, utilization and storage (CCUS) is increasingly attracting attention in South East Asia. However, in the absence of the right drivers, its prospect in the region remains questionable, according to IEEFA’s latest report on CCUS in South East Asia. “CCUS can be viable when placed under a certain operational context, such as a high […]

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TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA

French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […]

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ChargeZone’s 125 Strong DC Point Network Powering E-buses across Indian cities

Vadodara based electric vehicle charging network company ChargeZone has announced today that it is powering more than 500 Electric Buses through its nation-wide network of over 125 Superfast DC Points in cities such as Ahmedabad, Chandigarh, Patna, Lucknow, Gorakhpur, Kanpur, Varanasi etc. in a bid to accelerate the growth of e-mobility in India. The company has undertaken this initiative […]

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Solar Inverters Move to The Front

When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […]

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15 MW Turbines in Demand For Offshore Projects In Brazil

Ever since the offshore wind energy projects development were announced in Brazil, most of the players involved in the licensing process for environmental investigations are opting for 15 MW capacity wind turbines. Within the 15 MW capacity turbines, while there are few variations in the technologies being chosen for, the model of Vestas that has […]

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Masdar to develop 4 GW green hydrogen plants in Egypt by 2030

UAE based renewable energy major Masdar and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, have signed two MoUs with Egypt for the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast. The green fuel production projects will be inside Sokhna zone […]

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Sungrow 2021 Results Deliver Strong Growth, Claims 30% Market Share

Leading Inverter and energy storage solution provider major Sungrow has released its annual report 2021, reporting a strong revenue increase  and growth across both its renewable and storage businesses. Financials in 2021 The revenue increased by 25.15% to $3.74 billion (2020: $2.956 billion). The net income attributable to shareholders of a listed company came to […]

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