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Siemens to Acquire Iberdrola’s Stake in Siemens Gamesa RE for EUR 1.1 Bn

Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola after the supervisory board approved the purchase Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Spanish utility Iberdrola S.A. At its regular meeting, the Supervisory Board of Siemens AG has approved the […]

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MNRE Opens Entries for ‘Akshay Urja Puraskar Yojana’

With an aim to promote book writing on the new and renewable energy sector in Hindi language, the Ministry of New and Renewable Energy (MNRE) has opened entries for its yearly financial reward scheme ‘Akshay Urja Puraskar Yojana’. The MNRE said in a notification that “it invites entries for the original books written/ translated in Hindi in […]

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Siemens Gamesa Sees 82% Growth in Orders, Despite Hard First Quarter

Siemens Gamesa has reported an 82% increase in orders intake, with firm orders rising to EUR 4,628 million in the first quarter of FY 2020. Rising demand for wind power as a response to the transition towards non-polluting energies drove commercial activity for Siemens Gamesa in the first quarter of FY 2020. The company has […]

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US DOE Announces $297 Mn for Sustainable Transportation Research

The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies.  The investment, split up between three, separate funding […]

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Teck and AES Enter Renewable PPA to Power Copper Project

Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […]

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Ørsted Planning to Become Carbon Neutral by 2025

Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […]

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SECI Extends EOI for Buying and Blending Conventional Power With RE

SECI has extended the deadline for its EOI issued for the purchasing and blending of battery, conventional power with RE sources in India The Solar Energy Corporation of India (SECI) has extended the deadline for its Expression of Interest (EOI) issued for the purchasing and blending of battery, conventional and hydro power with renewable energy […]

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Battery Power Sharing, Swap Stations Could Make EVs Affordable

Researchers are working on a technology for sharing of battery power with other EVs and selling excess energy to the grid to make EVs more economical Researchers are working on two solutions for electric vehicles (EVs), including a technology that would allow sharing of stored battery power with another EV and even sell excess energy to make a fast […]

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Tender for 14 MW Solar With 42 MWh BESS Issued in Leh and Kargil

SECI has issued an RfS for setting up of 14 MW solar power plants with 42 MWh Battery Energy Storage Systems in Leh and Kargil The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for setting up of 14 MW solar power plants with 42 MWh Battery Energy Storage Systems […]

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