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OEMs Diversification Plan from China Intensifies; Eyes New Markets in SE Asia: Report

China remained the largest manufacturing hub for power equipment suppliers worldwide. However, coronavirus pandemic has posed a threat to its ambitions to continue to remain as global hotspot for manufacturing, because companies are now evaluating the efficiency and responsiveness of their supply chains to deal with the challenges arisen from the virus outbreak. Thus, diversification […]

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SK Innovation Increases Investment in US EV Battery Business to $2.5 Bn

SK Innovation has announced that it plans for additional investment in its US battery business, to fund the start of construction of a 2nd EV battery plant. South Korea-based SK Innovation has announced that it plans for additional investment in its US battery business, following approval by its Board of Directors to fund the start of construction of a […]

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Grid Imbalance Becoming An Issue For RE in Australia-Woodmac

Wood Mackenzie (Woodmac), the global research firm  has highlighted the hurdles renewables energy growth is facing in Australia. The firm says that while the  renewable energy  project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), the current conversion rate to firm […]

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Duke Energy Sets Sights for 16 GW Renewable Capacity by 2025

Duke Energy has announced that it has updated its efforts to address climate change with a new goal of 16 GW renewable energy capacity by the end of 2025. In two reports released recently, Duke Energy has announced that it has updated its efforts to address climate change. The firm intends to cut carbon emissions to […]

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Siemens Gamesa Secures O&M Contract for a 135 MW Senvion Wind Farm in Australia

Siemens Gamesa has secured a 20-year contract to provide full-scope O&M services for a 135-MW Senvion wind farm in Victoria, Australia. Siemens Gamesa Renewable Energy has announced that it has secured a long-term, 20-year contract to provide full-scope operation and maintenance (O&M) services for a 135-MW Senvion wind farm in Victoria, Australia. Under the agreement, […]

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BSES Conducting Virtual Meetings With Delhi Residents During Lockdown

The BSES discoms have launched the ‘BSES Aap Ke Saath’ initiative to organise virtual online meetings with its RWAs in different Delhi districts. The BSES discoms have launched the ‘BSES Aap Ke Saath’ initiative to organise virtual online meetings with its RWAs in different Delhi districts. An initiative it believes might be the first of […]

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Geronimo and Cargill Announce VPPA for 200 MW Solar Project

Geronimo Energy and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the 200 MW Prairie Wolf Solar Project in Illinois. Geronimo Energy, a National Grid company, and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the Prairie Wolf Solar Project in Coles County, Illinois. The contract marks the second renewable energy VPPA executed […]

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Lightsource BP Finalises Contract With SEPTA for 43.8 MW Solar

SEPTA and Lightsource BP have signed a long-term power contract for two solar farms totaling 43.8 MW (dc) in Franklin County, Pennsylvania. The Southeastern Pennsylvania Transportation Authority (SEPTA), among the largest transit agencies in the United States serving the Greater Philadelphia region, and Lightsource BP, a global leader in the development, financing and management of […]

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Krannich Solar Joins Hand with Inverter-Brand SMA to Tap SE Asian Market

With an aim to tap the growing demand of South-East Asian market, one of the leading global distributors for photovoltaics (PV) Krannich Solar has collaborated with German manufacturer SMA Solar Technology to include SMA inverters in its portfolio. Kurt Krannich, the founder and owner of Krannich Solar, believes that strong growth is expected in the […]

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