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renewable energy

Norway Okays Equinor’s Floating Wind Farm Plan

The Norway’s Ministry of Petroleum and Industry has provided its go-ahead for the Equinor’s plan to develop and operate its Hywind Tampen wind farm. Now, the Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. This Hywind Tampen wind farm is expected to […]

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Stolen by Covid. Woodmac Projects 3 GW Hit on Solar, Wind Due to Lockdown

Wood Mackenzie, the global industry tracker, in its latest report today has projected that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations delays  as a result of the country’s lockdown. Wood Mackenzie principal analyst Robert Liew said: “The timing of the lockdown is unfortunate as Q1 is […]

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Nordex Group Reports Order Intake of 1.6 GW in Q1 2020

The Nordex Group has announced that it has closed the first quarter (Q1) of 2020 with an order intake of 1.644 GW, up 59% from the same period in 2019 The Nordex Group has announced that it has closed the first quarter of 2020 with an order intake of 1.644 GW, increasing the volume of […]

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Solaria Files Suit Against Canadian Solar for Patent Infringement

The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar Inc., the leading Chinese solar panel manufacturer, in the Federal District […]

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Suzlon Survives, With Debt Recast From Bankers

Troubled Wind Energy manufacturer Suzlon has informed the stock exchanges about a debt recast approved by its lending consortium, led by the State Bank of India. The total amount involved has been reported to be close to Rs 14,000 crores. The firm has been in financial trouble for quite some time, a situation that has […]

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Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac

Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […]

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Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr

Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […]

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Vestas Announces Orders Worth 233 MW Across 3 Continents

Vestas has announced four new orders worth a combined 233 MW in wind turbine deliveries in China, US, Poland, and Vietnam. Global wind turbine major Vestas has announced four new orders worth a combined 233 MW in wind turbine deliveries in China, the US, Poland, and Vietnam. The first order is the group’s fourth intertidal […]

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Solar Technology Versus Fossil Fuels. Is Endgame here?

Over last few decades, scientists are trying to come up with innovative and efficient ways to utilize energy from the sun. From times immemorial, humans across different civilisations have worshipped the sun as a God due to its various life-giving properties, and rightfully so. We have been using sun for its heating and lighting properties […]

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