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After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too

Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […]

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Honda, GM Come Together to Roll Out Affordable EVs from 2027

Global auto giants Honda Motor and General Motors have announced that they will collaborate to develop affordably priced electric vehicles and enable global production of millions of EVs starting in 2027, including compact crossover vehicles by leveraging technology, design and sourcing strategies of the two companies. The idea is to find economies of scale and lower […]

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General Motors Fuels $7 Billion in Electric Vehicle

US automotive heavyweight General Motors (GM) is a major force in the race to electric mobility in the country. The company’s recent announcement is going to further intensify the competition in the sector as GM plans to make a record-breaking investment of $7 billion towards development of facilities in its headquarters in Detroit, Michigan. This […]

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BHEL Issues O&M Tender for 10 MW Solar Project in West Bengal

BHEL has issued an O&M works tender for a 10 MW solar project in West Bengal at Santaldih. An Indian government undertaking, Bharat Heavy Electronics Limited (BHEL), has issued an operation and maintenance (O&M) works tender for West Bengal State Electricity Distribution Company’s 10 MW solar project at Santaldih. Interested Bidders including, micro, small, and […]

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As Solar Spreads, Shrinking Space for Wind

It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […]

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KPTL Announces Q3 FY21 Results, Reports PAT of Rs 308 Crore

KPTL has reported revenue growth of 11% YoY to Rs 3501 crore in Q3FY21, and a strong PAT growth of 132 percent YoY to reach Rs 308 crore. Kalpataru Power Transmission Limited (KPTL) has issued its financial results for the quarter ended December 31, 2020, reporting revenue growth of 11 percent YoY to Rs 3501 […]

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Veolia Secures Blade Recycling Contract in the US With GE Renewable Energy

GE Renewable Energy has signed a multi-year agreement with Veolia to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. GE Renewable Energy has announced that it has signed a multi-year agreement with Veolia North America (VNA) to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. […]

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PM Modi Launches ‘Kisan Suryoday Yojana’ for Farmers in Gujarat

PM Modi has launched the ‘Kisan Suryoday Yojana’ in Gujarat with the aim of providing 16 hours of power supply to farmers in the state every day. Prime Minister Narendra Modi recently inaugurated 3 key projects in Gujarat through video conferencing. The key project that was launched was the ‘Kisan Suryoday Yojana’, which has been […]

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