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ABB to Upgrade Eneti’s Offshore Wind Installation Vessels

South Korea-based Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) will deliver two wind turbine installation vessels (WTIV) to Monaco-based offshore wind construction giant Eneti Inc. The deal is worth $330 million and the delivery is expected between the third quarter of 2024 and second quarter of 2025. ABB – the global leader in automation, digitization […]

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India, ASEAN can Develop Entire Ecosystem for RE, says R K Singh

Union Power and New & Renewable Energy Minister R K Singh on Monday said India and ASEAN together can develop the entire ecosystem for renewable energy (RE) and explore the joint initiative for building RE manufacturing hubs in the region. At the ASEAN-India High-Level Conference on Renewable Energy, in his keynote address, Singh said India […]

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EV Charging- current status/ challenges and way forward

By Kunwer Sachdev India’s interest in adopting clean mobility is now firm and clear. The government of India has taken steps towards encouraging an EV ecosystem in the country through the FAME policies, reduction of GST on EVs, and most recently, the Production Linked Incentives. The idea is to create an economic environment for EV […]

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Suzlon Energy Seeks Debt Succour Again, as Feb 28 Deadline looms

India’s top wind energy player Suzlon Energy is running out of time to serve its immediate debt obligation that is due on February 28, 2022. It’s precisely three weeks from here. According to the presentation made to the joint lender’s forum, India’s largest wind energy player has an estimated debt obligation of Rs 882 crores […]

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APTEL Censures MP Regulator for Condoning Discom Payment Delays

The Appellate Tribunal for Electricity (APTEL) has reprimanded the Madhya Pradesh Electricity Regulatory Commission (MPERC) for showing reluctance in penalising the state discoms’ wilful non-compliance of its orders in cases of outstanding energy bills. In a recent judgement, APTEL ruled in favour of small wind energy generator CLP Wind Farms (India) Pvt. Limited (newly renamed as Apraava […]

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Risen Energy Invests in Cell and Module Expansion

Chinese solar panel manufacturer Risen Energy has announced that the company and Ningbo South Coastal Economic Development have inked an agreement for a 15 GW N-type ‘Ultra-Low-Carbon High-efficiency’ hetero-junction cells factory and a 15 GW ‘high-efficiency’ solar module production facility. As per the company, the quest will incur a total investment of $2.39 billion, of […]

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Aquila Capital in Deal for Solar Project Portfolio in Spain

With an eye of a 500MW solar photovoltaic (PV) portfolio in Spain, Aquila Capital has signed an agreement with Viridi RE and Solar Ambition. Aquila is a German investment and asset development company and Solar Ambition is a subsidiary of Green Enesys Group. The deal has it that Viridi RE and Solar Ambition will work […]

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IIT-D Researchers Develop More Efficient Solar PV Towers

Researchers at Indian Institute of Technology Delhi (IIT-D) have developed highly efficient, shadowless and auto rotating solar PV towers for photovoltaic power generation in a particular area throughout the day. According to the institute, the “non-mechanical” and “mechanical” tracking solar PV towers with reflection concentration are viable for all Indian seasons with high energy density. […]

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RES Diversifies Asset Management Business Through Blueshore Acquisition

UK-based RES, has announced the acquisition of Australia based Blueshore, an asset management business with 1.6GW of assets under management. The move doubles RES’ asset management portfolio in Australia to over 3GW. Blueshore provides commercial, technical and financial asset management services for solar and wind energy assets alongside the provision of portfolio management services to […]

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