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Serentica signs 75 MW hybrid power deal with Inox Airproducts

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Serentica Renewables India Private Limited (SRIPL) has signed a power supply and consumption agreement (PSCA) with Inox Airproducts Private Limited for 75 MW of wind-solar hybrid power. The agreement was formalised on May 5, 2025. Under the deal, SRIPL will supply hybrid renewable energy to four Inox manufacturing sites across four different states in India.  This initiative aligns with broader efforts to reduce carbon emissions in energy-intensive industries.

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OECD net electricity production rises 5.4% in June 2024

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According to the latest release from the International Energy Agency (IEA), total net electricity production in the Organisation for Economic Co-operation and Development (OECD) countries reached 902.8 TWh in June 2024, reflecting a 5.4% year-on-year (y-o-y) increase. On a year-to-date basis, electricity production in the first two quarters of 2024 rose by 2.9%. The OECD consists of 38 member countries, including major economies such as the United States, Japan, Germany, and Australia, working to promote…