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Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating

The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s.  Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […]

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Vestas and Utopus Insights to Pilot Energy Forecasting Solutions For RE Plants in Australia

The pilot program will aim to improve the energy system stability and increasing the potential revenue generation for customers. With the increasing amount of renewable energy in the system, grid operators must address the challenge of balancing supply and demand from intermittent energy generation. One way of meeting this challenge is to use advanced forecasting […]

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Sign of the times. At Petrotech Expo, PM Speaks About Renewables

The PM also said that signs of convergence between cheaper renewable energy, technologies and digital applications were also becoming evident. Prime Minister Narendra Modi while addressing the Petrotech Expo said that, globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change. “Winds of change are evident in the global energy arena. There […]

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SolarMaxx Celebrates 10 Years of Excellence

SolarMaxx is celebrating 10 years of its continued mission of delivering highly efficient, clean energy systems. It is celebrating the hundreds of customers across India who had been empowered in the last decade to rethink their energy strategy, reduce energy expenses and transform how they do business by switching to clean energy. The company is […]

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SolarEdge to Acquire S.M.R.E. Spa

The company has more than fifteen years of experience developing end-to-end e-mobility solutions for electric and hybrid vehicles. SolarEdge Technologies a global leader in smart energy, has announced its entry into a definitive agreement to acquire S.M.R.E Spa. SMRE provides innovative integrated powertrain technology and electronics for electric vehicles. Founded in 1999 SMRE has three […]

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Cleanergy Now Becomes Azelio; Raises 100 Mn SEK via Pvt Placement

The move has come as a representation of the company’s solar focus and to better differentiate from the competition on the global arena. In order to accelerate the commercialization of its unique solar energy technology, storage solutions provider Cleanergy has changed its name to Azelio. The move has come as a representation of the company’s […]

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India’s Energy Mix Will be Substantially Complemented by Renewable Energy: Petroleum Minister

“We are going to generate around 175 Gigawatt of renewable energy on solar, wind, bio-CNG, bio-fuel to small hydro projects in the near future, India’s energy mix will be substantially complemented by renewable energy,” he said. India’s energy mix will be substantially complemented by renewable energy and the country is going to generate around 175 Gigawatt of […]

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SolarEdge Set to Enter Footprints in UPS Market via Gamatronic’s Acquisition

The agreement is subject to customary closing conditions and is expected to close by the end of the second quarter of 2018. With an aim to move into the markets beyond solar arena, publicly listed PV inverter maker, SolarEdge Technologies will enter into the UPS market by signing an asset purchase agreement with Gamatronic Electronic […]

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