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Vestas Secures Full Wind Volume in Danish Auction Round

Vestas has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. Vestas has announced that it has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. With this order, Vestas has []

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Investments in RE Sector Fell 14% to Rs 68550 Cr in 2019

Investments in the countrys renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. Investments in the countrys renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. In 2018, the estimated investment []

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Solar Accounted for 40% of new US Electric Generation Capacity in 2019

Solar accounted for 40% of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source, with 13.3 GW installed Solar accounted for 40 percent of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source []

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Solar Tech Startup Zunroof Raises $3 Mn in Second Round of Funding from Godrej

After USD 1.2 million investment from Godrej family office in a pre-series A round in April last year, Gurgaon-based startup ZunRoof Tech Private Limited (Zunroof) on Monday now received a follow on Series A funding of about USD 3 million in the second round of investment by the family office. The company aims to use []

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Covid 19 Could Push Oil Consumption Back By a Decade

Global oil Consumption in 2020 could be pushed back to levels last seen a decade back. That would be unprecedented, with profound lessons for the future. With the rest of the world entering the most intense phase of the Covid 19, or coronavirus epidemic impact, one thing is clear. Global oil consumption could be easily []

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MSEDCL 500 MW Solar Tender Receives Only 2 Bids Worth 350 MW

MSEDCL latest tender for the long-term procurement of power from 500 MW solar projects has received only two bids worth a combined 350 MW. The Maharashtra State Electricity Distribution Company Limiteds (MSEDCL) latest tender for the long-term procurement of solar power from 500 MW of intra-state grid-connected projects (Phase V) has been undersubscribed by []

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2043 MW new Wind Capacity Added in India This Fiscal: RK Singh

RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country in the current fiscal year up until February 29, 2020. Union Minister for Power and New and Renewable Energy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country []

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Parliamentary Panel Directs MNRE to Avoid Further Delay in RE Targets

A Parliamentary panel has asked the MNRE to identify weak areas and take corrective actions without any further delay in meeting RE targets. A Parliamentary panel has expressed dismay over Ministry of New & Renewable Energy (MNRE) missing targets continuously and has suggested the ministry to identify weak areas and take corrective actions without any further delay. The Ministry []

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Sterlite Power Completes Sale of Novo Estado Project to ENGIEs Brazilian Arm

One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIEs arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) []

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