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Senvion Enters Final Stages of M&A Process

Senvion, after receiving several advanced offers for various substantial core parts of its business, is now entering final stages of Merger and Acquisition process. German wind energy major, Senvion has announced that after receiving several advanced offers for various substantial core parts of its business, the company is now entering final stages of the Merger […]

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How much of impact would a 25% weight decrease on a panel be to the industry?

Compared with dual glass bifacial, JinkoSolar’s Swan reduces the weight by 25%. How much would this mean to the investors, developers, EPCs and O&M? Would it make much of a difference, or would the savings be significant enough to 100% shift to it? Will weight increase of glass-glass bifacial diminish its returns or offset the […]

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Siemens to Develop Transmission Link Between Great Britain & Denmark

Siemens will deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Siemens has been awarded a contract to deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Named ‘Viking Link’, the project will enable the exchange of electricity up […]

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Gujarat can Lead the Renewables Race in India: Report

A new report has predicted that Gujarat could outdo all other states with the addition of a staggering 46 GW of new renewable energy capacity by 2029/30 A new report has predicted that in a race to be the top state in India, Gujarat could and perhaps will outdo all other states with the addition […]

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India, Bahrain Agree to Collaborate in Solar Energy Sector

India and Bahrain have agreed to collaborate in the solar energy sector after comprehensive talks were held to give a major boost to bilateral relations. India and Bahrain on August 24, 2019, agreed to collaborate in the solar energy sector as Prime Minister Narendra Modi held comprehensive talks with his Bahraini counterpart Prince Khalifa Bin Salman Al Khalifa to give a major boost to the entire […]

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Nearly 73% of Germany’s Power Needs to be met by Renewables by 2030

The share of renewables in Germany reached 53.4 percent of the country’s power capacity mix in 2018 and is expected to reach 72.7 percent by 2030 A new report has revealed that the share of renewables in Germany reached 53.4 percent of the country’s power capacity mix in 2018 and is expected to reach 72.7 percent by […]

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Cost of Renewables in China to Match Coal Power by 2026: Report

According to new research, the cost of renewables is already cheaper than gas-fired power in China, and will match and better coal power by 2026 As China moves towards a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. According to new research China provincial […]

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Renewables to Account for 30% of Total Installed Capacity in the US by 2030

According to a new report the contribution of renewables to total installed capacity in the US is expected to double from 15 percent to 30 percent by 2030 The contribution of renewable power to total installed capacity in the US is expected to double from 15 percent in 2018 to 30 percent by 2030, reaching […]

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Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog

Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […]

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