OEMs

Global Wind Turbine Order Intake Breaks Record in Q2

Strong activity in China has pushed global wind turbine order intake to 43 gigawatts (GW) in quarter two of 2022, a new record, and up 36% from year-ago levels. This equates to an estimated $18.1 billion, according to new analysis from Wood Mackenzie. With ambitious decarbonization targets, China aims to support an estimated average build […]

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Zyngo to add 18,000 electric vehicles to expand last-mile delivery

Zyngo has announced that it is going to deploy more than 18,000 electric vehicles (EV) to enhance its last-mile delivery in India. Zyngo aims to be a leading third-party logistics service providers in the country. As per the official statement of the company, the electric vehicle shall be deployed all over the country by the […]

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Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays

While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […]

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Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023

A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […]

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