Author: Akash Dhiman

World’s First Wooden Wind Turbine Blades Installed In Germany

German wooden wind turbine blade manufacturer Voodin Blade Technology has announced the world’s first prototype installation of its 19.3-meter wooden wind turbine blades. The blades are installed on an existing wind turbine in Breuna, Germany. The turbine is made of laminated veneer lumber (LVL) a material that is more sustainable than current materials and enables […]

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Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project

Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […]

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Climate Finance Still A Challenge For Developing Countries Amid RE Push

Amid fears of worsening impacts of climate change and the push towards renewable energy, financing for the transition to greener energy sources remains the pivotal issue. A report by the World Bank that focused on developing countries emphasised that energy transition there will require ‘unprecedented transformation of the power sector infrastructure’. Along with that, it […]

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GE Vernova Secures STAMC Project In Odisha

GE T&D India Ltd., a listed entity of GE Vernova’s Electrification business in India, announced that it has secured orders from Power Grid Corporation of India Ltd (PGCIL) to build a State Transmission Asset Management Centre (STAMC) in Odisha, India for Odisha Power Transmission Corporation Limited (OPTCL). Through this Odisha project, GE T&D India Ltd. […]

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Wind Turbine Nacelle Market Estimated To Reach $40.3 Billion By 2033: Report

The “wind turbine nacelle market” is estimated to reach $40.3 billion by 2033, it was valued at $22.3 billion in 2023, growing at a CAGR of 6.3% from 2024 to 2033, according to a report by Allied Market Research. According to the Allied Market Research report, the global wind turbine nacelle market has experienced growth […]

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IOCL To Form New Subsidiary To Implement 1GW Wind, Solar Project

Indian Oil Corporation Limited (IOCL) has announced its plans to implement 1 GW of renewable energy projects across the country. In its latest board meeting, the oil corporation laid out a map to initiate projects involving standalone ground mounted Solar or standalone onshore Wind or Wind-Solar Hybrid projects. IOCL has plans to establish a Wholly […]

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Sineng Electric Showcases Several Energy Solutions In Hyderabad

PV+ESS solution provider Sineng Electric unveiled its multi-scenario commercial and utility-scale offerings at RenewX in partnership with distributor Impulse Green Energy. Sineng’s extensive product portfolio for commercial installations ranges from 25kW to 125kW, with the SN50/60PT and SN100(X)/110/125PT string inverters emerging as highlights at the event. The SN100(X)/110/125PT inverters prioritize safety through built-in arc-fault circuit […]

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Audi Opens First EV Charging Hub Outside Europe In Tokyo

Audi has opened its firm EV charging hub outside Europe in Japan’s capital Tokyo. The EV charging hub will enable drivers of electric cars of all brands to charge at four fast-charging points, each with up to 150 kilowatts (kW) – an excellent figure for charging power in Japan. Thanks to a buffer storage unit, […]

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Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand

After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […]

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