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Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA

The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […]

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JSW Group, Adani Contribute Rs 100 Cr Each to Fight Coronavirus Pandemic

The JSW Group and the Adani Foundation have pledged to contribute Rs 100 crore each to the PM-CARES Fund to combat the Coronavirus Outbreak (COVID-19). The JSW Group and the Adani Foundation, both key firms’ in India’s energy and specifically renewable energy sector have pledged to contribute Rs 100 crore each to the Prime Minister’s […]

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Vestas Announces Orders Worth 233 MW Across 3 Continents

Vestas has announced four new orders worth a combined 233 MW in wind turbine deliveries in China, US, Poland, and Vietnam. Global wind turbine major Vestas has announced four new orders worth a combined 233 MW in wind turbine deliveries in China, the US, Poland, and Vietnam. The first order is the group’s fourth intertidal […]

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Global Wind Energy Capacity to Grow by 112% by 2029: Report

Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, representing a growth of 112 percent Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, according to Wood Mackenzie. This represents a growth of […]

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Wind Project Installations in India Deflating: GWEC Report

Wind project installations in India are deflating with only 2.4 GW installed in 2019, nearly half of the 4.1 GW installed in 2017, according to a new report Wind project installations in India are deflating with only 2.4 gigawatts (GW) of wind capacity installed in 2019 – nearly half of the 4.1 GW installed in […]

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Siemens Gamesa to Supply Turbines for 113 MW Project in Vietnam

Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind farms in Vietnam, with a total capacity of 113 MW. In an effort to tap its potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind […]

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Peak Power Demand Drops 22 Percent to 127.96 GW due to Lockdown

Peak power demand in the country declined by around 22 percent to 127.96 GW on March 25, 2020, showing the impact of lockdown amid the COVID-19 outbreak. Peak power demand in the country declined by around 22 percent to 127.96 GW on March 25, 2020, compared to 163.72 GW on March 20, showing the impact of lockdown amid COVID-19 outbreak. […]

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Renewable Energy Gets A Curfew Pass For Lockdown, Gives Guarded Welcome

The notification by the MNRE (Ministry of New and Renewable Energy) that requested states to consider renewable energy as an essential service has come as a reassuring show of support for the sector. The MNRE notification, issued yesterday, told states to allow movement of material and personnel to ensure continuous renewable power generation. “Power generation […]

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All RE Projects under Implementation to Get Time Extension

In a bid to provide relief to the renewable energy industry amid lockdown in the country, the government has decided that all the renewable energy projects that are under implementation will be provided further time extension for completion. However, the extension of the time period will be decided after considering the factors such as the […]

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