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GoodWe Tops Among Global Hybrid Inverter Suppliers in 2019: Report

With more than 15 percent global market share, a leading solar photovoltaic (PV) inverter manufacturer, GoodWe ranked No.1 among hybrid inverter suppliers globally, as per the global energy research & consultancy firm. According to the report published by Wood Mackenzie, or WoodMac, titled ‘Global PV Inverter Market Shares Full-Year 2019’, GoodWe has been ranked no. […]

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COVID Impact: Siemens Gamesa Incurs Loss; Challenges in India Business

Siemens Gamesa has said its performance in the second quarter of FY 2020 reflected the impact of COVID-19 pandemic on its operations and commercial activity Siemens Gamesa Renewable Energy has reported that its performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial […]

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Shell, Eneco to Enter Dutch Tender for 759 MW Offshore Wind Project

Through their JV with CrossWind, Shell and Eneco will be participating in the tender for the 759 MW Hollandse Kust (Noord) offshore wind farm. Shell Nederland, a subsidiary of the Royal Dutch Shell, has announced its plans to create a green hydrogen hub in the port of Rotterdam in the Netherlands. The firm aims to […]

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Top 10 Rooftop Solar States by Installed Capacity in India

India has set one of the world’s most ambitious targets of 175 gigawatts (GW) for renewable energy capacity addition by 2022, including 100 GW for solar, 60 GW for wind, 10 GW for bioenergy and 5 GW for small hydro-power. Out of the solar’s 100 GW capacity, 40 GW will come from rooftop solar and […]

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‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’

Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […]

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Tender Issued for Rooftop Solar Plants at 8 Railway Stations

The Alipurduar Division of the NF Railway has issued a tender for the installation of rooftop solar plants at 8 railway stations and a powerhouse The Alipurduar Division – Electrical of the Northeastern Frontier Railway has issued a tender for the installation of grid-connected rooftop solar power plants worth a combined 151 kW at 8 […]

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India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort

Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […]

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Apex Clean Energy Leads Market for 2019 Corporate Renewable Power Procurement

Wood Mackenzie has named Apex Clean Energy the top C&I wind power provider overall and the top corporate renewable provider in 2019. In a breakout year for commercial and industrial (C&I) renewable energy procurement, global energy research firm Wood Mackenzie has named Apex Clean Energy the top Commercial and Industrial (C&I) wind power provider overall […]

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Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales

Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […]

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