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Heating Device That Uses Renewable Energy In High Altitude Areas

Hyderabad based WindStream Technologies, which offers hybrid solar and wind patented products, has joined hands with the Centre for Energy Research (CER) towards the establishment of a collaborative framework for the development, production, and promotion of a modular room heating device, Sustainable Excess Energy Generator (SEEGeN).  Designed with Super Metals, the product has applicability in […]

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IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23

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 […]

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Australian Fund Plans Polysilicon Manufacturing Hub, Launches Supply Chain Tracking Platform

Quinbrook Infrastructure Partners, a Queensland, Australia, based investment firm with a special focus on the energy transition, has announced an ambitious plan to establish a polysilicon manufacturing facility in Australia.  The move, said to involve investments of $8 billion comes with the firm claiming that land for the project has already been identified in Townsville, […]

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US Bipartisan Infra Law To Create $8.3bn In12 Years: DOE

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 […]

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RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA

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 […]

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Adani Green Reports 58% Spike In EBITDA On YoY Basis 

Adani Green Energy Limited (AGEL) in its latest filing before the Bombay Stock Exchange (BSE) said that it reported a 7.69 percent rise in its Profit After Tax (PAT) in the latest quarter ending September 30, 2023, compared to its last quarter. As per the details of the unaudited consolidated financial results, the renewable energy […]

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Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries

Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […]

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Bids For Standalone Wind In Tranche XIV In June 2023 Awarded Between INR 3.18-3.24 Per kWh: GWEC

The India’s Wind Energy Market Outlook 2023-2027 released by the Global Wind Energy Council, says that by the end of 2022, total renewable energy installed in India stood at 121 GW of total installations with wind contributing 35% of this, making India the fourth-largest wind market in the world, in terms of cumulative installed capacity. […]

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NYSERDA Awards 1.3 GW Wind Capacity Under Community Offshore Initiative

New York has provisionally awarded a Community Offshore Wind contract worth 1.3 GW. A joint venture between RWE and National Grid Ventures, Community Offshore Wind will be developed under a phase-wise approach within Community Offshore Wind’s 3.2 GW seabed lease in the New York Bight. The seabed lease was acquired during federal bidding by the […]

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