Contract For Difference

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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Serbia Holds Maiden Auction for Renewable Energy

Serbia recently conducted its maiden auction for renewable energy, for which, several bidders emerged successful. The tender witnessed 16 bids from wind and solar developers. Together, they bid for an aggregate capacity of 816 MW. Of this, 11 were valid boasting of capacity worth 739 MW. For the tender for wind energy, a quota of […]

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RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible

In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […]

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Wales Set to Welcome First Floating Wind Farm Worth 100 MW Capacity

France-bases TotalEnergies and Ireland’s Simply Blue Group have received a nod for the Erebus floating offshore wind farm for 100 MW capacity. The wind farm will be established in the Celtic Sea. This is said to be the first of its kind wind farm off the Wales coast. For the said project, a s36 application […]

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