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Financial Impact of Mitigation Policies Centered on Deep Decarbonization Most Severe on These States

The National Institute of Public Finance and Policy (NIPFP) has released a paper reflecting on ‘Deep De-decarbonization and Regional Equity’ and regional imbalances in India with respect to Variable Renewable Energy. The insightful report has been authored by Sanjay Mitra and Rohan Chandra from the School of Public Policy, IIT Delhi. Impact on states The […]

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LONGi Announces Developing 33.9% Efficiency With Perovskite

Chinese solar module manufacturer–LONGi claimed to have developed a 33.9 percent efficiency in crystalline silicon-perovskite tandem solar cells. It is reported that the previous world record was 33.7% and was conducted by King Abdullah University of Science & Technology (KAUST) in May this year. According to the latest certification report of the US National Renewable […]

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NTPC REL Announces Tender for Wind Project of 1080 MW

NTPC Renewable Energy Limited (NTPC REL) has issued a tender inviting bids from eligible bidders on single stage two-envelope (including techno-commercial bid and price bid) basis for Balance of System package of ISTS connected wind energy project with nominal capacity of 1080 MW in Karnataka. The scope of work entails detailed design, engineering, micro-siting, manufacturing, […]

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NTPC REL Achieves Commercial Operation of First Wind Project of 50 MW

NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC, has announced the commercial operation of its wind first project. The said project is for a capacity of 50 MW at Dayapar in Kachch, Gujarat. With the commissioning of this project, the cumulative installed capacity of NTPC Group has become 73,874 MW while the total […]

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RPO Target for 2022-23 to Continue in Absence of Clear Target for 2023-24: WBERC

While most States have specified Renewable Purchase Obligation (RPO) targets for 2023 to 2024, West Bengal has not mentioned its RPO goal for said time period. The absence of a clear RPO target for the year 2023-2024 has been challenged before the WBERC (West Bengal Electricity Regulation Commission). The WBERC had last specified the RPO […]

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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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Aland Island Set for Large-Scale Integrated Renewable Energy

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 […]

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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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