ION Energy raises $3.6 million from Amazon's Climate Pledge Fund
Envision Energy & Hero Future Energies Partner for Renewables
In a significant move towards bolstering renewable energy endeavors, Envision Energy and Hero Future Energies have sealed a comprehensive framework agreement aimed at fostering collaboration in the renewable energy sector. This strategic partnership encompasses a spectrum of initiatives, including the supply of Wind Turbine Generators (WTGs), Battery Energy Storage Systems (BESS), and Green Hydrogen technologies.
Under the terms of the agreement, Envision Energy is slated to provide 588 MW of 3.3 MW WTGs to Hero Future Energies over the next 1.5 years. These WTGs are anticipated to gene..
Envision Energy to Supply 588MW Wind Turbines
Envision Energy, a global leader in sustainable energy solutions, has struck a significant deal with Hero Future Energies, a prominent renewable energy company in India. This collaboration marks a milestone in the renewable energy sector, paving the way for the installation of 588 megawatts (MW) of cutting-edge wind turbine generators.
The agreement between Envision Energy and Hero Future Energies underscores a shared commitment to advancing renewable energy infrastructure in India. With this partnership, Envision Energy aims to leverage its expertise in wind power technology to contr..
Rosatom starts installation of 4th-gen reactor
Rosatom has achieved a landmark milestone in construction of a power unit with the innovative fast neutron BREST-OD-300 reactor on the site of the Pilot demonstration energy complex (PDEC) in Seversk, Tomsk Region (West Siberia).
The steel reactor baseplate with the total weight of 165 tons has been installed. The workers have also loaded into the reactor shaft the first part of the reactor vessel ? the lower tier of the containment.
The containment structure is the outer part of the reactor vessel. It provides retention of heat-insulating concrete, forming an additional loca..
Adani Energy Acquires Essar's Transmission Assets
Adani Energy has finalised the acquisition of Essar's Mahan and Sipat transmission assets for a sum of Rs 1900 crore. This significant move underscores Adani's strategic expansion within the energy sector and consolidates its position as a key player in India's power transmission domain.
The acquisition of Essar's transmission assets represents a strategic investment for Adani Energy, enabling the company to augment its infrastructure and bolster its transmission network. With the addition of these assets, Adani strengthens its operational footprint, enhancing its capacity to deliver r..
IEX Q4 Net Profit Grows 9.5%
The Indian Energy Exchange (IEX) has reported a significant uptick in its net profit for the fourth quarter, marking a notable growth of 9.5%. This financial performance underscores the resilience and strength of the company's business model in navigating through dynamic market conditions within the energy sector.
The impressive growth in net profit reflects IEX's robust operational performance and effective strategic initiatives aimed at enhancing efficiency and driving sustainable value creation. As a leading power trading platform in India, IEX plays a pivotal role in facilitating t..