Author: Ayush Verma

Siemens to Acquire Iberdrola’s Stake in Siemens Gamesa RE for EUR 1.1 Bn

Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola after the supervisory board approved the purchase Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Spanish utility Iberdrola S.A. At its regular meeting, the Supervisory Board of Siemens AG has approved the […]

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Over 7.5 GW of RE Capacity Commissioned up to December 2019: RK Singh

RK Singh has informed that just over 7.5 GW of new renewable energy (RE) capacity has been commissioned in the financial year 19-20 up to December 2019. Union Minister for Power and New and Renewable Energy, RK Singh in response to a question raised in the Rajya Sabha has informed that just over 7.5 GW […]

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Siemens Gamesa Sees 82% Growth in Orders, Despite Hard First Quarter

Siemens Gamesa has reported an 82% increase in orders intake, with firm orders rising to EUR 4,628 million in the first quarter of FY 2020. Rising demand for wind power as a response to the transition towards non-polluting energies drove commercial activity for Siemens Gamesa in the first quarter of FY 2020. The company has […]

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US DOE Announces $297 Mn for Sustainable Transportation Research

The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies.  The investment, split up between three, separate funding […]

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Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20

Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […]

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Teck and AES Enter Renewable PPA to Power Copper Project

Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […]

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CIP to Fund Development of Canada’s Largest Solar Project

Greengate and CIP have entered into an agreement to fund the further development of the Travers Solar project, the largest solar project (to date) in Canada. Greengate Power Corporation and the Copenhagen Infrastructure Partners (CIP) have announced that they have entered into an agreement with the intention to fund the further development and construction of […]

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Capital Dynamics Signs PPA for 100 MW Solar Power in Indiana

Capital Dynamics has signed a long-term PPA with Indiana Municipal Power Agency (IMPA) for it to purchase 100 MW solar power. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure (CEI) business has signed a long-term Power Purchase Agreement (PPA) with Indiana Municipal Power Agency (IMPA) in coordination […]

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Tender for Solarization of Agricultural Pumps Issued in Jodhpur

JdVVNL has issued a tender for the commissioning of solar PV systems for the solarization of agricultural pumps/ consumers in Jodhpur Discom The Jodhpur Vidyut Vitran Nigam (JdVVNL) has issued a tender, inviting bids from eligible bidders for the commissioning of solar PV systems for the solarization of grid-connected agricultural pumps /consumers under “KUSUM Scheme […]

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