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Vestas to Establish Nacelle and Hub Assembly Factory in India

To expand its supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address […]

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EIB, Amundi Launch €1Bn Financing Program for European Energy Transition

Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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Growatt Holds Shine Elite Workshop in Vietnam

Vietnam’s solar market is good news for the solar industry with the growing demand for electricity and government policy to promote PV development. With the support from Alena Energy and LONGi Solar, Growatt held its Shine Elite PV workshop on July 4, 2019, in Ho Chi Minh City. The meeting highlighted training on Growatt’s smart […]

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Solar Thermal Industry Seeks Replacement of 18% GST with 5%

Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […]

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Onshore Wind O&M Market in China to hit $5 Billion by 2029

The onshore wind operation and maintenance (O&M) market in China has been predicted to surpass a total of $5 billion over the next 10 years. According to new research, the onshore wind operation and maintenance (O&M) market in China is expected to total US$5 billion over the next 10 years.  According to consultancy firm Wood Mackenzie […]

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Mita-Teknik Launches Next-Gen Blade Pitch Technology

The new generation of blade pitch system for onshore and offshore wind turbines by Mita-Teknik will minimise O&M costs & downtime and improve productivity. Mita-Teknik, a global provider of wind turbine control and pitch technology, has announced the launch of its new generation of blade pitch system for onshore and offshore wind turbines. The new […]

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Vestas Bags Orders Worth 947 MW in the US

Vestas has received three orders in the US amounting to a total of 947 MW in wind turbine deliveries. Danish wind energy major, Vestas has announced that it has received three orders in the US amounting to a total of 947 MW in wind turbine deliveries. The first order comprises a 95 MW project and […]

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Solar Industry Seeks Manufacturing Incentives in New Budget

AISIA in its pre-budget recommendations has called for the inclusion of incentives such as subsidies for power, capital, etc in the new budget. The All India Solar Industries Association (AISIA) in its pre-budget recommendations has called for the ministry of finance to include incentives such as subsidies for power, capital, financial support in interest and […]

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