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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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NTPC Issues Tender For 500 kW Rooftop Solar Projects

The last date of bid submission is May 8, 2019. The Kanti Bijlee Utpadan Nigam Ltd. (KBUN), a wholly owned subsidiary of NTPC has issued a tender for the deployment of rooftop solar PV plants on various buildings of plant area of KBUN for the Muzaffarpur Thermal Power Project. The scope of work for the […]

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Cabinet Approves RE Pact Between India and Denmark with Focus on Offshore Wind Energy

The objective of the cooperation agreement is to promote cooperation between the two countries in the field of renewable energy with a special focus on offshore wind. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry […]

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Siemens Gamesa Wins 77 MW Order For Denmark’s Largest Onshore Wind Project

Siemens Gamesa has signed an order with Eurowind Energy for Thorup-Sletten, the largest onshore windfarm in Denmark to date. The company has signed the agreement for the supply of 18 onshore turbines that will have a total capacity of 77 MW and an electricity production equivalent to the average annual consumption of approximately 65,000 households. […]

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Transition to 100% RE by 2050 ‘Cost-Effective’: EWG Study

A new study by the Energy Watch Group and LUT University is the first of its kind to outline a 1.5°C scenario with a cost-effective, cross-sectoral, technology-rich global 100% renewable energy system that does not build on negative CO2 emission technologies. In what should be good news for skeptics worried about the cost of transitioning […]

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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CEL Issues Tender For Solar Power Evacuation in Maharashtra

The estimated cost of the complete project is Rs 2.5 crores. The Central Electronics Limited (CEL) has issued a tender for the commissioning of solar power evacuation work at three substations of Maharashtra State Electricity Distribution Company (MSEDCL) with the requirement of solar power plant construction. The scope of work for the selected bidders will […]

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Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore […]

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TERI Prepares Roadmap to Foster Resource Efficiency Policy for India

Improving use of resources, through adoption of a Resource Efficiency strategy, will be key to India’s sustained high growth and enhanced wellbeing. Leading think tank in energy and environment, The Energy and Resources Institute (TERI), has submitted a detailed reference report on ‘National Resource Efficiency Policy for India’ to the Ministry of Environment, & Forests […]

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