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Rising Steel Costs Chop Off Turbine Maker Siemens Gamesa’s Profits

Spanish-German wind engineering company Siemens Gamesa Renewable Energy (SGRE) has released preliminary results for the third quarter of financial year 2021 and updates the guidance for financial year 2021. The company reports that the “sharp” rise in steel costs and the production of a new line of wind turbines have decreased its profits. Siemens Gamesa’s official […]

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Denmark Leads in Share of RE Production, India Yet To Break Into Top 15

Wind and solar produced 2,435 TWh of electricity in 2020, providing almost a tenth of the world’s electricity. While European countries like Denmark, Ireland, and Germany are leading among the world’s top 15 producers, India is not part of his group. Even though India’s renewable energy capacity is being added to each year, with the […]

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Zhongnan Group Starts Construction of a New 5 GW Solar Factory

The Zhongnan Group recently held a ceremony to set up a new solar production plant whose annual manufacturing capacity is said to be 5 GW. The group is the main investor behind the well-known electric services company ReneSola, which is known for selling solar PV modules globally. The ceremony was held in Hai’an Economic Development Zone […]

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World’s Biggest Green Energy Hub Proposed for Western Australia

An international consortium is planning to build what would be the world’s biggest renewable energy hub in Australia, covering an area half the size of Belgium, to convert wind and solar power into green fuels like hydrogen. The consortium, which comprises of InterContinental Energy, CWP Global and Mirning Green Energy Limited, aims to build Western Green Energy […]

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APERC Approves Cancellation of Two Wind PPAs, Orders Discom to Pay Compensation

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a new order, ruling that the power purchase agreements (PPAs) entered into by wind developers Vibrant Greentech and Chaitanya Projects with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) were not binding for the state distribution company. The ruling came in response to the petitions filed […]

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Assistant Vice President – Sales & Business Development

The ideal person would be responsible for Business Development & Sales in Infrastructure Project & Services segment. Key Accountabilities / Responsibilities:- Work closely with officials/bureaucrats from State Utilities, Industries, Regulators, Quasi Govt bodies to identify business opportunities and carry out market need assessment. S/He will deep dive in secondary data to bring out meaningful insights […]

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Manager- Company Secretary

The ideal individual will be responsible for ensuring that our organisation complies with relevant legislation and regulation, and keeping board members informed of their legal responsibilities. Key Accountabilities / Responsibilities:- Assist in managing group of companies. Assist in compliance with SEBI Regulations on LODR, Takeover etc. Due diligence. Assist in convening Board and shareholders meetings. Preparation of Annual […]

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Chief Manager – Finance

Focusing on month end treasury books closing. Timely renewal of working capital limit from existing banks. Management of LC/BG limit. Preparation of LC/BG MIS. Daily cash flow management. Assisting team in timely opening of LC and BG from various banks. Maintain and build sustainable relationships with working capital lenders and Credit rating agencies etc. Qualifications […]

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Assistant Manager- O&M

Implementation of preventive and predictive maintenance activities at substation. Communicate and Coordinate with different external agencies for the Operational activities. Implementing Emergency Restoration system. Pre- commissioning support for lines and substations. PLCC commissioning. Key Accountabilities / Responsibilities:- Active role in forming centralized control room for all operational substations for the remote operations. Make the substation […]

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