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renewable energy

Sungrow Announces Expansion of Its Product Portfolio at SNEC

Sungrow, the global leading inverter solution supplier for renewables, presented its latest products and solutions at SNEC 2019 in Shanghai. Sungrow, the global leading inverter solution supplier for renewables, presented its latest products and solutions at SNEC 2019 in Shanghai, China, illustrating the unrivaled access to the maximized added value for the customers and unleashing informative […]

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Senvion Completes Installation of 3 Wind Projects Worth 379 MW

Senvion has successfully completed the installation of three key projects in Chile and Australia. Senvion has successfully completed the installation of three key projects in Chile and Australia. In Chile, the Sarco and Aurora projects consist of 93 wind turbines with a total installed capacity of around 299 MW. In Australia, the Pacific Hydro Crowlands […]

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Unplanned Wind Turbine Repairs to Run Developers More than $8 Bn in 2019

Global onshore wind O&M costs will be $15 billion in 2019, of which $8.5 billion will be for unplanned repairs due to component failures, according to new research. Global onshore wind operation and maintenance (O&M) costs will reach nearly $15 billion in 2019. Of that number, 57% or $8.5 billion will be spent on unplanned […]

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IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets

IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […]

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Vestas Selected as EPC Service Provider For South African Wind Project

Vestas has developed a full EPC solution for the 35 MW Wesley wind project located at the Eastern Cape. Leveraging its extensive project management experience and product expertise, Denmark-based wind energy major, Vestas has developed a full engineering, procurement and construction (EPC) solution for the 35 MW Wesley wind project located at the Eastern Cape. […]

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Fortum and Skellefteå Kraft Restructure Stakes in 2 Swedish Wind Farms

Fortum and Skellefteå Kraft are to restructure their ownership in the two jointly owned Swedish wind parks Solberg and Blaiken. Through the proposed asset swap arrangement Fortum would become the sole owner of the 76-megawatt (MW) Solberg wind park and Skellefteå Kraft the sole owner of the 248-MW Blaiken wind park. Currently, Fortum owns 50% […]

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Canadian Solar Signs its Biggest Module Supply Agreement

Canadian Solar has signed a 1800 MW module supply agreement with EDF Renewables North America. Canadian Solar, one of the world’s largest solar power companies, recently announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high-efficiency poly solar modules for projects in the US, […]

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SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender

The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […]

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Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV

The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […]

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