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Vestas to Supply Turbines For Fortum’s First Large-Scale Project in Finland

Turbine delivery is scheduled for the second quarter of 2020, while commissioning is planned at the latest in the first quarter of 2021. Vestas has secured an order from Nordic clean energy company Fortum, for the 90 MW wind project Kalax in the province of Närpio in Western Finland,  the first large-scale wind energy project […]

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EDP and Engie Join Forces To Enter Offshore Wind Sector

This ambitious alliance follows EDPR and ENGIE’s successful six-year cooperation as consortium partners in the Dieppe Le Tréport and Yeu Noirmoutier fixed offshore wind projects in France and Moray East and Moray West in the UK. French Power utility, Engie and Portugal’s largest electricity operator EDP have announced the signing of a strategic Memorandum of Understanding […]

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India Finally Investing More in Solar than Coal: IEA

Renewable energy investments in India are finally outpacing its expenditure on fossil fuel power generation says IEA The International Energy Agency (IEA) has revealed in a new report on worldwide energy investment that the world’s third-largest emitter of greenhouse gases after China and the United States, and home to more than one-sixth of humanity India […]

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Vestas Enlists Sulzer Schmid and WKA For Drone-Based Blade Inspection Campaign

Sulzer Schmid and WKA have been enlisted by Vestas to conduct a massive and challenging drone-based blade inspection campaign in Scandinavia Sulzer Schmid, a Swiss company pioneering UAV technology for rotor blade inspections, and WKA, the leading blade inspection and repair service provider, have been enlisted by Vestas to conduct a massive and challenging drone-based […]

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The Case for the benefits of Rooftop Solar for Discoms

Energy and environment think tank, The Energy and Resources Institute (TERI) recently published an article  highlighting the positive impact rooftop solar can have on the countries struggling discoms, which have arguably been among the leading causes for the slow adoption of solar rooftop solutions. India has committed to 175 GW of Renewable Energy by 2022. […]

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Can a change in government make an impact on the solar sector?

With the 17th Lok Sabha Elections taking centre stage since April, this is the question that really matters for anyone in the solar sector. We speak to 3 industry experts to give you a perspective. Animesh Damani, Managing Partner, Artha Energy Resources “We strongly believe that commitment, focus and execution of the incumbent regime towards […]

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CDPQ Invests in Lightsource BP For $194 MN Solar Financing Platform

The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Lightsource BP recently announced a debt investment of £150 million ($194 million) to finance a portfolio of solar assets […]

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Renewables Under Modi. A Success Story Validated by Industry Stakeholders.

Despite policy reversals and various other operational challenges faced by the industry, a bulk of the respondents are optimistic about its growth prospects. The Indian renewable industry has given a pass certificate to the five years under Modi government rule with 78 percent of the respondents in a survey of CEOs of the industry feel […]

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Vestas Reports Drop in Earnings in Q1 Results

Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […]

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