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HPX Crosses 100 MUs Of Traded Power In Month 1

The newly launched Hindustan Power Exchange Ltd. (HPX), that commenced operations on July 6, has made a bright start with the exchange claiming a 37% market share of the ‘contingency trading’ market within a fortnite of its launch. Promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, it crossed the100 MUs mark on […]

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Biliti Electric Powers World’s First Hydrogen Fuel Cell Three-Wheeler

California-based Biliti Electric Inc, a fast-growing E-mobility company with presence across the globe, has unveiled the world’s first hydrogen fuel cell (HFC)-powered electric three-wheeler vehicle, FastMile. FastMile, which has been tested for over 6000 miles in rugged road conditions, boasts of a quick refueling time of under three minutes. At the same time, it has […]

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NTPC, Morocco Ink MoU For Cooperation In Renewable Energy

India’s largest power producer and state-owned NTPC has signed a Memorandum of Understanding with Moroccan Agency for Sustainable Energy (MASEN) for mutual cooperation in the renewable energy sector. A statement by the Ministry of Power reads that the agreement was signed during the 17th CII EXIM conclave on India-Africa growth partnership in New Delhi from […]

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Battery Player Brill Power Raises $10.5 Million Series Funding

UK-stated battery management and control technology developer, Brill Power has announced the conclusion of its Series A round raising $10.5 million today (July 20th, 2022). This $10.5 million investment will be used by Brill Power to further its goal of developing batteries that are smarter, cleaner, safer, and longer-lasting as a crucial component of the […]

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A Look At The Progress In Renewable Energy Sector In 2022

Think tank REN21 has released a report on the state of the renewable energy sector in 2022. Despite the pandemic’s aftereffects and a surge in global commodity prices, that led to a disruption in the supply chains for renewable energy and caused delays in projects, renewables saw yet another year of record growth in terms […]

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Coordinated PV Power Generation: IIT Guwahati’s Novelty For EV Charging

A team of researchers from the Indian Institute of Technology Guwahati have a novel idea about optimal power generation and EV charging station free from the intermittent solar energy determined by cycle of weather. Issued by IIT Guwahati on July 20, a press release claimed that the researchers had developed an optimised control schemes that […]

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Renewable Energy Market Update Outlook For 2022-23

The IEA has released its study on Renewable Energy Outlook For 2022-23. In its report, the IEA provided detailed information about how developments in the energy market in recent months, particularly in Europe, have once again demonstrated the critical role that renewable energy sources play in enhancing energy security in addition to their well-established efficiency […]

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Global Data Report 2022 on Renewable Energy Capacity And Consumption

Global data report on renewable energy capacity and consumption are produced by the International Renewable Energy Agency (IRENA). Data sets for actual power generation from 2012 to 2020, power generation capacity from 2012 to 2022, and renewable energy balances for more than 150 nations and regions from 2019 to 2020 are all included in Renewable […]

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Odisha to Provide Solar Power Pumps to its Farmers

Solar power is making some strides in the life of the ordinary citizens in the state of Odisha with intervention of the government through solar power. In a fresh development, State Minister for Industries, Pratap Keshari Deb spoke in the State Assembly that his government is targeting to provide 584 solar powered pumps to the […]

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