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COVID Impact: Siemens Gamesa Incurs Loss; Challenges in India Business

Siemens Gamesa has said its performance in the second quarter of FY 2020 reflected the impact of COVID-19 pandemic on its operations and commercial activity Siemens Gamesa Renewable Energy has reported that its performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial []

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Scatec Solar Passes 1.5 GW Mark for Operational PV Projects

Scatec Solar has passed the milestone of 1.5 GW solar capacity in operation globally with the commissioning of its latest 54 MW project in Ukraine Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operations of the 54 MW Boguslav solar project in the Kyiv region of Ukraine. And []

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Shell, Eneco to Enter Dutch Tender for 759 MW Offshore Wind Project

Through their JV with CrossWind, Shell and Eneco will be participating in the tender for the 759 MW Hollandse Kust (Noord) offshore wind farm. Shell Nederland, a subsidiary of the Royal Dutch Shell, has announced its plans to create a green hydrogen hub in the port of Rotterdam in the Netherlands. The firm aims to []

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Iberdrola Acquires French Renewables Firm Aalto Power for 100 Mn

Iberdrola has signed an agreement for the acquisition of the French renewable energy company Aalto Power for 100 million euros. Spanish multinational electric utility Iberdrola has announced that it has signed an agreement for the acquisition of the French renewable energy company Aalto Power, which is owned by Aiolos and Caisse des Dépôts et Consignations, for []

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kWh Analytics Closes a Solar Revenue Put with Capital Dynamics and More

kWh Analytics, a solar risk management firm, has structured a Solar Revenue Put as part of the refinancing of a 173 MW PV facility in California kWh Analytics, a market leader in solar risk management, has announced that it has structured a Solar Revenue Put as part of the refinancing of the 173 MW DC []

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Uber Leads $170 Mn Investment in Electric Scooter Rental Firm Lime

Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber and Alphabet Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber. Other investors include Alphabet, its venture capital arm GV, []

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Wind Power Will be a key Building Block for Economic Recovery: Industry

Corporates and wind associations have released a statement highlighting wind powers role in the global economic recovery following the COVID-19 crisis The Global Wind Energy Council (GWEC) along with key signatories representing all the major wind industry corporates and associations across the world have released a statement highlighting wind powers role in the global economic []

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Tender Issued for Supply of Solar High Mast Lights at NTPC Vindhyachal

State-owned NTPC, Indias largest energy conglomerate, has floated tender inviting eligible bidders for supply, erection and commissioning of solar high mast light in AWRS area at NTPCs Vindhyachal Super Thermal Power Station. The bidding will be done through e-tendering (in single-stage and two envelope mode) without reverse auction. The cost of tender is Rs 1,328 []

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SolarEdge Posts Record Revenue at $431.2 Mn in Q1; Driven by Solar Biz

Israel-based smart energy technology specialist, SolarEdge Technologies (SolarEdge) has reported its robust total revenue jumped by 59 percent at USD 431.2 million in the first quarter of 2020 from USD 271.9 million last year, mainly on account of record revenue from the solar business. Moreover, its net diluted earnings per share (EPS) during the quarter []

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