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Siemens Gamesa Doubles Net Income in First 9 Months of FY 19

Siemens Gamesa has reported in its results of the first nine months (Oct-Jun) of FY 2019, that it doubled its net income to €88 million in the period. Siemens Gamesa Renewable Energy (SGRE) has reported the results of the first nine months (October-June) and the third quarter (April-June) of the fiscal year (FY) 2019. The […]

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EDPR Sells Stake in 137 MW Brazilian Wind Farm to Actis

EDPR has signed an agreement with a subsidiary of Actis for the sale of all of its shareholding in a 137 MW onshore wind project in Brazil EDP Renewables (EDPR), the renewable arm of Portugal’s largest electric utility company EDP, has announced that it has signed an agreement with a subsidiary of the private equity […]

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SunSource to Start Work on 70 MW Open Access Solar Project in UP

SunSource Energy is ready to begin work on its 70 MW solar power project under the open access scheme in the state of Uttar Pradesh. SunSource Energy, a leading distributed solar energy company, has announced that it is ready to begin work on its 70 MW solar power project under the open access scheme in […]

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Tata Power to Develop 250 MW Solar Plant in Gujarat

Tata Power Renewable Energy Limited has received an LOA from GUVNL to develop a 250 MW solar plant in Dholera Solar Park of Gujarat. Tata Power, India’s largest integrated power company, has announced that its wholly-owned subsidiary, Tata Power Renewable Energy Limited (TPREL) has received a Letter of Award (LOA) from Gujarat Urja Vikas Nigam […]

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Global Solar PV Installations to Reach Record 114.5 GW in 2019

A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […]

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AEP Completes Acquisition of 227 MW Wind Project in Texas

AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […]

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8 Key Points From KUSUM Scheme Implementation Guidelines

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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Duke Energy Announces 350 MW Wind Project in Oklahoma

Duke Energy Renewables has announced the largest wind power project in its fleet, the 350 MW Frontier Windpower II project in Kay County, Oklahoma. Duke Energy Renewables, a commercial business unit of Duke Energy, has announced the largest wind power project in its fleet – the 350 MW Frontier Windpower II project in Kay County, […]

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Uber, Sun Mobility to Deploy Electric Autos in India

Global shared-mobility service provider Uber announced a partnership with Bangalore-based Sun Mobility to launch an electric auto service platform. The Ride-hailing giant Uber on Wednesday announced a partnership with SUN Mobility to deploy electric autos in India. As part of the agreement, SUN Mobility will offer its energy infrastructure platform, which includes swappable Li-Ion smart batteries […]

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