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TBEA To Open GW-class PV Inverter Facility in India on November 29

TBEA Xi’an Electric Technology Co. Ltd., an arm of TBEA Group, will inaugurate its GW-class photovoltaic (PV) inverter facility in India on November 29 this year. The firm has emerged as a strong player from its base in China, establishing 2 R&D centers in Xi’an and Munich, Germany. With more than 10 major scientific research […]

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Octopus Acquires 9 Wind Farms from RES Group in $110 mn Deal

Octopus Renewables has agreed to purchase 9 wind energy farms in the UK, France and Ireland from RES Group for USD 110 million Octopus Renewables has agreed to purchase nine wind energy farms in the UK, France and Ireland from RES Group for a reported fee in the region of GBP 100 million (USD 110 […]

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Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years

In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […]

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Hexagon Peak, Huawei Ink Pact for 200MW Solar Projects in Vietnam

China-based one of the leading photovoltaic (PV) inverter makers, Huawei has entered into an agreement with Hexagon Peak, the project development arm of Hexagon Holdings Singapore, for Hexagon’s pipeline of 200 MW utility scale projects in Vietnam, which estimated COD in first quarter of 2021. Commenting on the partnership, Hexagon Peak, Chief Executive Officer, Milan […]

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GE Gets Wind Turbines Orders Worth 494 MW From Engie

GE Renewable Energy has announced that it has been selected by ENGIE North America to supply 180 onshore wind turbines for two wind projects. GE Renewable Energy has announced that it has been selected by ENGIE North America to supply 180 onshore wind turbines for two wind projects. The agreements include 88 2.8-127 turbines for […]

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SECI’s Manufacturing-Linked Solar Tender Oversubscribed

SECI has finally received a solid response for its auction for its manufacturing-linked solar energy projects tender. The Solar Energy Corporation of India (SECI), after multiple and arduous extensions, has finally received a solid response for its auction for the infamous manufacturing-linked solar energy projects tender. The request for selection for which SECI recently held […]

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Top 3 Western Wind Turbine OEMs to Control 60% Market by 2028

The top five global wind turbine OEMs are expected to control 75% of the sector by 2028, while the leading 3 western OEMs will increase their market share to 60% Market share consolidation by global wind turbine original equipment manufacturers (OEMs) is set to intensify. After a decade of fragmentation, the top five global turbine […]

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Nordex Bags Wind Turbine Orders Worth 248 MW in Turkey

The Nordex group as announced that it has received orders for wind turbine deliveries for projects worth 248 MW in Turkey Since entering the wind energy market in Turkey in 2007, the Nordex Group has installed more than 2.03 GW of wind capacity in the country, representing a market share of almost 27 percent. And […]

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