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Viz-A-Viz with Santhosh S Nair, Director, Energy Segment-Asia, Nokia

Santhosh S Nair, Director, Energy Segment-Asia, Nokia spoke about the massive potential in the energy segment in India for Nokia. The Indian market is a critical market for Nokia, where, thanks to its huge telecom network investments, it already has close to 16000 employees. He was speaking to Group Editor, Prasanna Singh. Tell us about the work Nokia […]

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723 GW of New Wind Capacity Expected in the Next Decade : WoodMac

Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […]

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ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP

The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […]

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India Ranks 4th in the World by Wind Energy Capacity

According to a recent report by power-technology.com, India with 35 GW of installed wind capacity is fourth in the list of top 10 countries in the world by wind energy capacity. The report further adds that China, the only other Asian country to make it in the list, topped the chart with 221 GW of […]

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IIED Shows New Ways To Channel Climate Funds To Meet Paris Agreement

The latest research by IIED released at the One Planet Summit in Nairobi makes a strong case for ways that climate money could be used to actually make an effect on climate change. The One Planet Summit is hosted by French President Emmanuel Macron and Kenya’s President Uhuru Kenyatta in Nairobi, today to help accelerate and […]

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Ingeteam Commissioned 4 GW of Wind Converters in 2018

The Group closed the year with a 15% increase in turnover compared to 2017. Ingeteam Power Technology announced that it contracted over 4GW of wind energy converters globally in 2018. With a total of 45GW installed capacity to date, the company remains the unchallenged independent number one supplier of wind power converters in the world. “The […]

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GCF Allocates $440 Mn For 9 Climate Resilience and Low Emission Projects

The 22nd meeting of the Green Climate Fund (GCF) recently ended with a raft of decisions to strengthen GCF for its first replenishment.  The Board during the meeting approved nine new climate resilience and low emission projects totaling $ 440 million in GCF resources and took steps to strengthen operations, reinforce standards and close policy […]

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MTCIL Signs 15 Year Agreement For IRU Fiber Lease in Maharashtra

The first route spans 50 Kms from Kalwa to Padgha. The deal will result in near 100% network uptime from Kalwa (Mumbai) to Padgha link. Sterlite Power’s Convergence business which manages the fiber network of Maharashtra Transmission Communication Infrastructure Link (MTCIL), a joint venture between Sterlite Technologies Ltd and MSETCL (Maharashtra State Energy Transmission Company Ltd) […]

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Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022

47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […]

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