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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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Vestas Bags Orders Worth 160 MW in Mexico and China

Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. An EPC order for a 108 MW project and a 52 MW turbine order in China. Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. The first order has been received for an engineering, […]

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Ministry of Finance Confirms Force Majeure Status for Coronavirus

In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […]

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Supreme Court Keen to Interact with Environment Minister on EV Transition

The Supreme Court (SC) has expressed its keenness to interact with the Union Environment Minister to deal with the issue of gradual transition into EVs The Supreme Court (SC) on Wednesday expressed its keenness to interact with the Union Environment Minister to deal with the issue of gradual transition of all public transport and government […]

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New Breakthrough Capacitor With Fast Charging and Longer Battery Life

A new bendable super capacitor made from graphene, which charges quickly & safely stores a record-high level of energy for use over a long period, has been developed A new bendable super capacitor made from graphene, which charges quickly and safely stores a record-high level of energy for use over a long period, has been […]

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Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share

Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […]

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Sungrow- Breaking Stereotypes

Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […]

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Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18

India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […]

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EESL, BSNL Partner to Install 1,000 EV Chargers Pan India

In a step towards boosting e-mobility adoption across the country, the world’s largest energy service company (ESCO) Energy Efficiency Services Limited (EESL) has entered into a Memorandum of Understanding (MoU) with telecom major Bharat Sanchar Nigam Ltd (BSNL). As per the MoU signed, state-owned EESL will install 1,000 public electric vehicles (EV) charging stations in […]

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