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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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Major Japan railway now powered only by renewable energy

Shibuya in Tokyo, Japan, is famed for its Scramble Crossing, where crowds of people crisscross the intersection in a scene symbolizing urban Japan’s congestion and anonymity. It may have added another boasting right. Tokyu Railways’ trains running through Shibuya and other stations were switched to power generated only by solar and other renewable sources starting […]

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Regional Energy Trade Lead

Lead and design policy and regulatory interventions for setting up and expanding a regional power market as well as power trade rules, operations, and codes. Develop capacity of regional institutions on power trading regional energy cooperation and support evolution of new trading companies in South Asian countries. Provide technical inputs in the formulation/ update of […]

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Torrent Power Secures 50 MW Solar Power Plant from SkyPower

Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […]

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Senior Manager, Market Development

We are looking for a Senior Manager, Market Development – India, to join the Middle East and Asia Growth & Development team in Wärtsilä Energy Business. Wärtsilä Energy Business is leading the transition towards a 100% renewable energy future. As an Energy Systems Integrator, we understand, design, build and serve power systems for future generations. […]

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America’s Renewable Energy Project Completions Stumble

The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […]

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Power System Studies Specialist

Functions as a technical specialist or in a lead role. Under general direction, develops and applies advanced engineering techniques, concepts and approaches to complex engineering problems. May provide technical guidance over a group or supervise engineering staff on projects of low to medium complexity. May be responsible for developing, validating, and presenting specialist/technical output. Key […]

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AMEA Power to build two solar power plants in Morocco

Morocco, which has planned some ambitious renewable energy projects to take advantage of its geographical location, has awarded a contract for the development of two solar power projects to AMEA Power – a UAE energy company. The two solar projects will be part of the first phase of Noor PV II Programme. This programme will […]

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Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden

A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […]

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