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Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn

Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […]

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NTPC Tenders for 1000 MW Solar Projects Under DBDT Scheme

NTPC has tendered for setting up solar power projects under the DBDT scheme to a maximum capacity of 1000 MW. NTPC Ltd. has issued a tender, inviting bids from eligible parties for setting up of grid-connected solar power projects under the Develop Build Demonstrate Transfer (DBDT) scheme to a maximum capacity of 1000 MW. The […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Spain’s Ingeteam Secures R&D Loan from EIB

EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […]

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Ford Introduces North America’s Largest EV Charging Network

Ford is giving all its future EV customers easy access to more EV public charging stations in North America than any other automaker. Ford is giving all its future all-electric vehicle (EV) customers easy access to more EV public charging stations in North America than any other automaker. The company has partnered with Amazon and […]

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India’s Commitment to Tackle Climate Change Unmatched: Sitharaman

India’s commitment to fighting climate change is one of the best amongst the community of nations, Nirmala Sitharaman has said. India’s commitment to fighting the global challenge of climate change is bold and one of the best amongst the community of nations, Finance Minister Nirmala Sitharaman has said. Interacting with global investors at the headquarters of the […]

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MHI Vestas Selected for Scotland’s 1.1 GW Offshore Wind Farm

MHI Vestas has been selected to supply and service up to 114 wind turbines for the 1.1 GW Seagreen Offshore Wind Farm in Scotland MHI Vestas has entered into a preferred supplier agreement with Seagreen Wind Energy Limited to supply and service up to 114 wind turbines for Scotland’s newest and largest offshore wind farm, […]

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STMicroelectronics Launches Next-Gen Payment System-on-Chip with Increased Performance and Protection

STMicroelectronics has released the next generation of its STPay system-on-chip (SoC) payment solution, leveraging state-of-the-art technology to increase contactless performance and protection, reduce power demand, and significantly improve the user experience. The new STPay-Topaz family solution comes ready for embedding in smartcards, loaded with payment applications running on certified JavaCard platform, and meeting all required security and […]

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