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Ørsted Reaches Offshore Milestone, Installs 1500th Turbine

Ørsted has reached another milestone in its expanding offshore wind business with the installation of wind turbine 1,500 at the Borssele 1 & 2 project Global offshore wind major – Ørsted has announced that it has reached another milestone in its expanding offshore wind business with the installation of offshore wind turbine 1,500. The firm […]

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GE Secures two Wind Energy Deals in Spain and China

GE Renewable Energy has secured two wind deals. The 1st, to provide FSA for wind farm in Spain, and 2nd, to supply 12 turbines for a wind farm in China. GE Renewable Energy has announced that it has secured two wind energy deals in Spain and China. The first, to provide a 5-year full-service agreement […]

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Azure Announces Financial Results for Q4 2020, 29% Increase in Revenue

Azure Power has issued its financial results for the fiscal fourth quarter ended March 31, 2020. The firm has reported a 29 percent increase in its revenue. Azure Power,  one of India’s leading independent power producers (IPP) for utility and commercial scale solar PV power plants, has reported its financial results for the fiscal fourth quarter ended March 31, […]

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Germany Approves NECP, Targeting 30% Renewable Energy by 2030

The Germany Government has finally approved its 2030 National Energy and Climate Plan (NECP), aiming for 30 percent renewable energy by 2030. The Germany Government, just 20 days ahead of its EU Council Presidency starting in July, has finally approved its 2030 National Energy and Climate Plan (NECP). The country has also adopted a new […]

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Huawei Showcases New Product Line Virtually

Huawei, the global inverter market leader, has not allowed the pause in industry events and shows to stop its own product launches and displays. The company organised its first global FusionSolar Smart PV virtual show with a live broadcast to customers and partners in Asia Pacific, Europe, Latin America and the rest of the world […]

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Eneco Agrees PPA for Partial Output From 250 MW Dutch Wind Farm

Eneco has entered into a 15-year PPA recently with SwifterwinT, for the purchase of the power supplied by SwifterwinT’s 37 onshore wind turbines. Eneco has announced that it has entered into a 15-year contract recently with SwifterwinT, for the purchase of the power (PPA) supplied by SwifterwinT’s 37 onshore wind turbines. These turbines will produce […]

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COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData

With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […]

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Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments

Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […]

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