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renewables

BNEF Report on REN21 Renewables 2019 Global Status

The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […]

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Investors Paid the Price For GE Misjudging the Potential of Renewables

Investors in GE lost billions due to the company misjudging the pace of the global energy transition towards renewable energy According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The […]

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News Flash. No Disruptions in Renewables Ministry, as R.K. Singh Retains Portfolio

With the final list of ministers and their allocations finally out, the Indian renewable energy industry would have heaved a sigh of relief to see that no major faces are being changed. Shri R.K. Singh, who was handling the MNRE Ministry and Power Ministry earlier too, comes back as the Minister of State (Independent Charge) […]

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Andhra Pradesh’s New CM Elect is Sold on Renewables, with Conditions

In an Interview to India Today, YS Jaganmohan Reddy, who will be sworn in as the state’s next Chief Minister on May 30, expressed the hope that his regime will be able to use solar in a big way. In a wide ranging interview where he spoke about a host of issues, the incoming CM’s […]

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Siemens Gamesa Bags 232 MW Order From EDF Renewables

The project order also marks the 1 GW mark for the company’s SG 4.5-145 turbines sales worldwide. Siemens Gamesa Renewable Energy has been award an order by EDF Renewables to supply 30 SG 4.5-145 and 36 SG 2.7-129 wind turbines for the 232 MW Milligan wind project, located in Milligan County, Nebraska. “EDF Renewables is […]

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Haryana Open Access Move Shows High Potential From C&I market for Renewables

With Amplus Energy announcing a 750 crore investment to establish 150 MW of solar capacity in Haryana, the C&I (corporate and industrial) market has a new state to cheer for. The announcement by Amplus follows the change to the state rules brought in by the Haryana Renewable Energy Development Agency (HAREDA) in March 2019, when […]

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Tata Power Renewables Wins Dholera Solar Auction with Rs 2.75/kWh Bid

Tata Power’s renewable arm, Tata Power Renewable Energy has emerged as the winner in the latest solar auction conducted by the Gujarat Urja Vikas Nigam Limited (GUVNL) for awarding 1000 MW capacity to be built at the Dholera Solar Park. In response to the 1000 MW tendered capacity, and in the third time of asking after […]

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Vestas Secures 249 MW Order From EDF Renewables For Texas Wind Project

Vestas will supply its V120-2.2 MW turbines for the 273 MW project. The full project size includes previously purchased 2 MW Vestas PTC components. Denmark-based wind energy major, Vestas has bagged an order from EDF Renewables for supplying 249 MW of turbines for the Las Majadas wind project in Texas. Vestas will supply its V120-2.2 […]

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Renewables Under Modi. A Success Story Validated by Industry Stakeholders.

Despite policy reversals and various other operational challenges faced by the industry, a bulk of the respondents are optimistic about its growth prospects. The Indian renewable industry has given a pass certificate to the five years under Modi government rule with 78 percent of the respondents in a survey of CEOs of the industry feel […]

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