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Energy Transition

Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec

The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […]

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Deep Electrification Powered by Renewables Key for a Climate-Safe Future: Report

A new report by the International Renewable Energy Agency (IRENA) charts pathways to further accelerate energy transformation which meets climate objectives while creating jobs and fostering economic growth. As the urgency to take bold climate action grows, the new analysis revealed that scaling-up renewable energy combined with electrification could deliver more than three-quarters of the […]

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PFS Partners with USICEF For Financing Solar Projects in India

PFS has partnered with USICEF to leverage funds for distributed solar power projects in the country. Infrastructure finance company, PTC India Financial Services (PFS) has partnered with the US-India Clean Energy Finance (USICEF) to secure funds for funding solar projects in India. “It is an innovative facility which presents PFS with an opportunity to finance […]

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GWEC Launches its Market Intelligence Platform For Wind Industry Insights

GWEC’s Market Intelligence platform will provide a series of insights and data-based analysis for wind energy statistics, country profiles, market outlooks and policy updates for key wind energy markets. The Global Wind Energy Council (GWEC) has officially launched its Market Intelligence platform. The Market Intelligence platform provides a series of insights and data-based analysis on […]

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Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas

Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […]

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The Sunshine Sector’s Gender Challenge

Why the solar sector needs to have more women As yet another International Women’s Day (IWD) came around on 8th March this year, the theme this year was ‘Balance for Better’- A balanced world is a better world. That got us thinking about the solar sector in India. The many industry conferences with their rare […]

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Iberdrola Commences Work on $340 million Spanish Solar Plant

Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […]

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Senvion Installs the Tallest Wind Turbine in France

Germany-based Senvion, a leading global manufacturer of onshore and offshore wind turbines, has announced that it has installed the tallest wind turbines in France for BayWa r.e. With a tip height of 200 meters, the Senvion 3.0M122 wind turbines are currently being installed in the wind farm Les Landes, located in the French department of […]

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Tata Power Collaborates with Enedis, Schneider Electric, Odit-e & VaasaETT to Implement Smart Grid Demonstrator

Tata Power Delhi Distribution (Tata Power-DDL) has joined hands with Enedis, Schneider Electric, Odit-e, and VaasaETT to implement a Smart Grid Demonstrator in India. The MoU for the same was signed between Sanjay Banga, CEO, Tata Power-DDL; Philippe Monloubou, Chairman of Management Board, Enedis; Luc Remont, Executive Vice President International Operations, Schneider Electric; Philippe Deschamps, […]

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