SUBSCRIBE NEWS LETTER

demand and supply

$26M Investment In RE Grid Demonstration Projects By Biden Administration

US President Joe Biden has announced a US $26M investment to demonstrate that the US electricity grid can be run fully on renewables and energy storage. The program will investigate how renewable energy can sustain grid dependability and allow it to stay connected during disturbances or reboot it in the event of a shutdown through […]

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Green Jobs Are Finally A Mainstream Reality In India, Thanks To Solar

The news of India’s ambitious solar and renewable energy targets  has thrown up the possibility of as many as one million jobs in another three years’ time. These jobs matter, not only to an economy always seeking opportunities for its citizens, but also to ease the faster acceptance  and spread of renewable energy, especially solar. […]

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Volvo Group Expedites Work To Set Up Battery Production Plant In Sweden

The Volvo Group has announced that it has initiated the process to establish a large-scale production plant for battery cells in Sweden. This is aimed at meeting the growing demand for battery electric heavy-duty vehicles and machines. Martin Lundstedt, President and CEO of the Volvo Group, commented on the development, “We aim to lead the […]

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IEX Power Market Update July 2022: 13% YoY Decline For Green Market

As per its market update for July 2022  released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. India’s premier energy exchange has recorded […]

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Aurora Hydrogen Raises $10 Million To Develop Hydrogen Technology

Green hydrogen production technology developer Aurora Hydrogen has declared raising $10M in Series A funding led by Energy Innovation Capital. The participating investors included Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. The official announcement of Aurora stated that this funding adds to additional funding by the Natural Sciences and Engineering […]

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India’s Energy Consumption In July 2022 Rises By 3.8%

In July 2022, India witnessed a rise in electricity (energy) consumption by 3.8%. This information was released by the Power Ministry of India. According to the figures, the total power consumption of India in July was 128.38 billion units, which is 3.8% more than the previous year. The amount of power consumed in July 2021 […]

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Metastable Materials Launches R&D & Innovation Centre in Bengaluru

Urban mining startup Metastable Materials has inaugurated its maiden R&D and Innovation Centre in Bengaluru. The centre will look at accomplishing the multi-fold goals of carrying out equipment fabrication, design and development, and process optimization, among other strategic ambitions. The company’s newly-inaugurated facility, spread over a total area of 5,000 sq. ft., is equipped with […]

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EVA Sheet: An Important Constituent of a Solar Module; Explained

Apart from solar cells, a solar module consists of many components protecting or prolonging the lives of the cells. A standard module consists of a Frame on outer edges, glass sheet, and Ethylene Viny Acetate (EVA) sheet above the solar cells. Cells are covered from lower side again with an EVA sheet before hard and […]

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HPX Launches More Trading Segments, Including Green Day Ahead Market

Hindustan Power Exchange (HPX), India’s third and newest  power exchange promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, today launched Day Ahead Market (DAM), Green Day Ahead Market (G-DAM) & Real Time Market (RTM).  With the launch of these segments HPX will enhance its portfolio to six segments, thereby further strengthening its […]

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