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Solar Project

At Rs 5.38 per unit, Vietnam’s FIT Rates Keep Developers Interested

Vietnam, a late entrant to the solar race, but catching up fast with close to 5.69 GW of installed capacity by end 2019, has just announced its FIT (Feed-in-Tariff) rates for projects that are completed by December, 2020. The prices, according to developers involved with projects in the country, as well as some corporate rooftop […]

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The WoodMac Weekly Global Energy Round Up

Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […]

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$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac

Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […]

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Germany’s Senvion to Sell its Indian Wind Turbine Manufacturing Entity

Germany-based one of the world’s leading wind turbine makers Senvion GmbH is selling its fully operational wind turbine manufacturing entity in India to an undisclosed investor. The company, which is a specialist in the offshore business, has entered into a binding agreement with a strategic investor to sell and transfer full ownership of Senvion India. […]

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IntelliSmart Ropes in Anil Rawal as CEO to Ramp up Smart Metering Program

With an aim to further ramp up government’s smart metering program in next few years, IntelliSmart Infrastructure Pvt Ltd, a joint venture of Energy Efficiency Services Ltd (EESL) and National Investment and Infrastructure Fund (NIIF), has roped in Anil Rawal as its Chief Executive Officer (CEO). Rawal will be responsible for the company’s operations on […]

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Vestas Selected for 139 MW Offshore Wind Farm in Japan

Vestas has received a 139 MW order to supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro Offshore Wind Farm Project in Japan Vestas has received a 139 MW order from MHI Vestas Offshore Wind, the joint venture between Vestas Wind Systems and Mitsubishi Heavy Industries, to supply 33 Vestas V117-4.2MW typhoon variant turbines […]

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Sharp Increase in Renewable Investments Post COVID-19: Iberdrola CEO

Iberdrola CEO Ignacio Galán has announced that the firm will speed up its renewable investments as soon as it is deemed safe to do so. Iberdrola CEO Ignacio Galán, while addressing the firms’ 600,000 shareholders in the recently held fully remote Annual General Meeting, has announced that in view of the current situation with the […]

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MNRE Continues To Bat For Renewable Energy. Will It Be Enough?

Continuing with its quick moves, after every such incident, the Ministry of New and Renewable Energy has clarified again that distribution companies that do not honour their power purchase agreements will be charged for ‘deemed generation.’ In other words, if they happen to curtail power from RE producers despite the instructions to treat them as ‘must […]

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Toyota Launches Renewable Venture With Chubu Electric in Japan

Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […]

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