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energy markets

Sterlite Power Appoints Amitabh Prasad as Brazil CEO

Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […]

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Siemen’s Gamesa Pushes for Profitability, Closes 2 Plants in Spain

Siemens Gamesa, the Spanish-German wind turbine manufacturer that is among the global top 3 in the sector, has shuttered two of its plants in Spain following lack of orders from the Spanish market for the blades it manufactures at these plants. The closures, which will lead to the loss of 266 jobs, have followed months […]

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The Case For Battery Storage- A UK View

A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […]

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Engie, Neoen in Pact for 1 GW Integrated Renewable Project in France

French energy majors Engie and Neoen are collaborating to construct a 1 GW solar and storage project in south-west France. French energy majors Engie and Neoen are collaborating to construct a 1 GW solar and storage project in south-west France. While Engie is an established Euro 60 billion giant, Neoen is a relatively new specialist […]

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Orsted, SGRE Consortium Receives Funding to Investigate Offshore Hydrogen Production

ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy have been awarded EUR 5 million in funding from The Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU) under the European Commission to demonstrate and investigate a combined wind turbine and electrolyser system designed for operation in marine environments. The Fuel Cells and Hydrogen 2 Joint […]

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India’s Solar Manufacturing- A Tale of failed Government Initiatives

India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […]

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Blown: How India Lost The Solar Rooftop Battle

Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […]

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Can ATUM Bridge The Rooftop Solar Gap for India?

For Hyderabad based Visaka Industries, an established firm (Rs 1057 crore revenues in 2019-20) in the construction sector with multiple product lines ranging from corrugated cement sheets, fibre cement boards, and manmade yarn, the move into Hybrid solar roofs might be the most transformational yet. Not only does the new venture mark its entry into […]

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Sungrow Ends 2020 on High, Crossing 7 GW PV Inverter Shipments in India

Sungrow, the global leading inverter solution supplier for renewables, declared that its cumulative shipments to India crossed 7 GW by the end of 2020, testimony to its wide acceptance among the leaders in India’s growing decarbonized energy space. Accelerated growth during a tough year. During this year, the Indian market saw a series of tenders […]

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