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GE Renewable Energy

Solving Permission Issues key to Post Pandemic Green Recovery in Italy: WindEurope

The European Union’s 2018 Renewable Energy Directive demands that the Member States simplify and shorten their permitting processes. Italy has the 5th largest amount of installed wind energy capacity in Europe. In its final 2030 National Energy and Climate Plan (NECP), the country aims at almost doubling its installed wind power capacity. The NECP plans […]

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B’desh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers 

With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozone’s energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 […]

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SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects

SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […]

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Top 10 Issues in Module Mounting Structures in India

Nowadays, solar power is among the cheapest sources of renewable energy available globally. However, there are various factors that are considered at the time of cost optimization of a solar power plant and module mounting structure (MMS) is also among them. In order to successfully run a solar power plant, good quality of mounting structure […]

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Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr

Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […]

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Siemens Gamesa Completes Senvion Assets Acquisition

Siemens Gamesa has announced the final acquisition of Ria Blades, with which it has now completed the acquisition of select assets from Senvion. Siemens Gamesa Renewable Energy has announced the final acquisition of all shares in Ria Blades, S.A., the business entity which owns and operates the onshore wind turbine blade production plant in Vagos, […]

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ENIE Offering to buy Rooftop PV Systems From Dutch Households During Pandemic

In the wake of COVID-19, Dutch solar product distributor ENIE is looking to purchase existing solar rooftop systems from customers in need of money. In the wake of the COVID-19 pandemic, Dutch solar PV product distributor ENIE is implementing its ZonneRuilen Program to purchase existing solar rooftop installations. As per the program, the firm is […]

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Peak Power Demand Still Down in May, Struggling at 134.7 GW

The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May despite the easing of the nationwide lockdown The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May. The low has been […]

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