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Global Wind Capacity to Grow 780 GW by 2028, Consume 5.5 Mt of Copper

A new analysis has predicted that over 780 GW of wind capacity will be installed by 2028 and this will consume in excess of 5.5 million tonnes of copper A new analysis has predicted that over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and []

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US Solar Fund Acquires and Finances 128 MW Solar Plant in Utah

US Solar Fund has closed the acquisition and completed the financing of the 128 MW Milford Solar Project under development in Utah. Newly formed, US Solar Fund (USF) has recently announced that it has closed the acquisition and financing of 100 percent of the cash equity interests in the 128 MW Milford Solar Project under development []

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Vestas Receives 60 MW Turbine Order for 2 Projects in Finland

Vestas has bagged an order from OX2 for two wind projects in Western Finland that will be realised on a merchant basis without any direct financial support. Danish wind energy major, Vestas has announced that it has bagged an order from the Nordic developer OX2 backed by the UK investor Infracapital for the wind projects []

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Delhis Power Demand Continues to Grow, More so on Summer Nights

Delhis power demand this summer peaked at nights with cooling load due to the use of AC, coolers contributing to the maximum consumption of electricity The power demand in Delhi this summer peaked at night with cooling load due to the use of AC, coolers and fans contributing to the maximum consumption of electricity. Data from []

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Evolution of Three Major EV Markets: China, US and India

The worlds fastest-growing electric vehicle markets China, India, and the US are going through a transition and in this, they are presenting unique understanding about the challenges that come up. The Rocky Mountain Institute has published a new whitepaper that looks at the penetration of electric vehicles in these three markets and has []

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Vestas Sells Majority Stake in 3 Romanian Wind Projects

Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning []

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SECI Reissues its 97.5 Rooftop Solar Scheme for Govt Buildings

SECI has reissued its tender for its 97.5 MW rooftop solar systems scheme for government buildings in different states/UTs The Solar Energy Corporation of India (SECI) has reissued its tender for its 97.5 MW grid-connected rooftop solar PV systems scheme for government buildings in different states/UTs under CAPEX/RESCO model. As per the new Request for []

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Railways to Go 100% Electric in 10 Years: Piyush Goyal

In an effort to curb its carbon footprint, Piyush Goyal has announced that the Indian Railways will go 100 percent electric in the next 10 years Railway Minister Piyush Goyal announced that the government has decided to put a deadline for 100 percent electrification of the railways. He says that the government plans to complete []

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EVs to Cost as Much as Conventional Vehicles in 2-3 Years: NITI Aayog CEO

Niti Aayog CEO Amitabh Kant says that the falling cost of batteries could pull down the price of EVs at par with conventional vehicles in the coming years Niti Aayog CEO Amitabh Kant has said that the falling cost of electric vehicle batteries could pull down the cost of EVs and bring it at par []

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