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Vestas Revenues At $4.1 Bn in Q2 FY21, Orsted Reports $2.68 Bn

Danish wind turbines manufacturer, Vestas Wind Systems, has released its financial results for the second quarter of the fiscal year 2021 (Q2FY21), and it has reported a revenue of EUR 3.53 billion (USD 4.15 billion). Fellow Danish utility and developer, Orsted also reported its financial results for the same quarter today, coming out with a […]

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Reliance Joins Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc

Reliance New Energy Solar Ltd (RNESL), Bill Gates, Japan Energy Fund and a few other strategic partners are investing $144 million into US energy company Ambri Inc to help it commercialize and grow its daily cycling, long-duration system technology, and build a domestic manufacturing facility. “This financing supports the commercial growth of our company and technology,” said Dan […]

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Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report

The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […]

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China’s CATL Reveals the First-generation Sodium-ion Battery

Chinese battery giant, Contemporary Amperex Technology Ltd (CATL) has today revealed the first of its Sodium-ion battery. At a launch event today, the battery maker also announced that it has planned to set up a supply chain for the new technology in 2023. Although the firm has not disclosed the prices of the battery yet, […]

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Floating Solar On A Growth Path

In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […]

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Lexus India Extends HEV Battery Warranty Upto 8 Years to Escalate Electrification

The Indian subsidiary of the luxury vehicle division of the Japanese automaker Toyota, Lexus India announced yesterday that it has extended the battery warranty period of its hybrid electric vehicles (HEV) from five years to a period of eight years.  Lexus declares that this initiative has been taken to speed up its electrification vision and […]

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$150 Billion Green Deals in India by 2030

International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […]

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Materials Planning Analyst

Responsible for planning and monitoring the materials and products used by the regional depots and customers. Manage the planning and resupply of material for the regional depot, in support of organizational asset management and customer service goals. Partnering with the regional customer planning team to set up a business process for determining proper stocking and […]

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Denmark Leads in Share of RE Production, India Yet To Break Into Top 15

Wind and solar produced 2,435 TWh of electricity in 2020, providing almost a tenth of the world’s electricity. While European countries like Denmark, Ireland, and Germany are leading among the world’s top 15 producers, India is not part of his group. Even though India’s renewable energy capacity is being added to each year, with the […]

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