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Renewables to Account for 30% of Total Installed Capacity in the US by 2030

According to a new report the contribution of renewables to total installed capacity in the US is expected to double from 15 percent to 30 percent by 2030 The contribution of renewable power to total installed capacity in the US is expected to double from 15 percent in 2018 to 30 percent by 2030, reaching […]

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BloombergNEF Awards Sungrow 100% Bankability Rating

Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […]

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Gujarat Finalises Bids for 150 MW Against 950 MW Tender Capacity

GUVNL was able to finalise bids for only a 150 MW against the 950 MW capacity it had tendered to be developed in Dholera (750 MW) and Raghanesda (200 MW) The latest auctions held in Gujarat for the award of solar power capacities have continued to receive lukewarm responses, with power project developers shying away […]

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Shell Recharge Forays Into Southeast Asia With EV Chargers in Singapore

Royal Dutch Shell has announced that it has successfully debuted its Shell Recharge EV chargers at petrol stations in Singapore Royal Dutch Shell has announced that it has successfully debuted its Shell Recharge electric vehicle (EV) chargers at petrol stations in Singapore, the company’s first such foray in Southeast Asia. The electric vehicle charging service, […]

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India Will Need $ 500-700 bn in Renewable Investments by 2030

India will require USD 500-700 billion in renewable energy and supporting grid investments by 2030, in order to meet its renewable energy targets. A new analysis has revealed that India will require USD 500 – 700 billion in renewable energy and supporting grid investments over the coming decade in order to meet its renewable energy […]

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Sembcorp Brings Online 200 MW Wind Project in Gujarat

Sembcorp Energy India has commissioned a 200 MW wind project at Bhuj in Gujarat. The Indian subsidiary of Singapore-based Sembcorp Industries has announced that it has commissioned a 200 MW wind power project at Bhuj in Gujarat. With this project, the company’s total generation capacity reached 450 MW making it the largest producer of wind […]

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Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog

Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […]

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REC Group and Meyer Burger Sign MoU for Strategic Collaboration

REC Group has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. Following the successful launch of its groundbreaking Alpha solar panel at Intersolar in Munich in May 2019. The REC Group, one of the leading European brands for solar photovoltaic panels has announced that it has signed a memorandum of understanding […]

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