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solar and wind

GWEC Launches its Market Intelligence Platform For Wind Industry Insights

GWEC’s Market Intelligence platform will provide a series of insights and data-based analysis for wind energy statistics, country profiles, market outlooks and policy updates for key wind energy markets. The Global Wind Energy Council (GWEC) has officially launched its Market Intelligence platform. The Market Intelligence platform provides a series of insights and data-based analysis on […]

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GE Selected as Technology Provider For Onshore Wind Project in Spain

The 342MW Phoenix project will produce power across 10 wind parks in Aragon, Spain, and GE will install 91 onshore wind turbines from its 3MW platform. GE Renewable Energy has been selected as the technology provider for the Phoenix onshore wind project in Aragón Spain. The 342 MW project will be developed by Mirova, ENGIE, […]

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More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC

GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […]

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Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis

Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […]

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Climate Change Affecting India’s Wind Power Generation: Study

Increased warming in the Indian Ocean and the resultant weakening of the Indian summer monsoon may come in the way of India’s goal of leading the world’s wind power generation. The potential electricity production has reduced by about 13% in the past 40 years Researchers from Harvard University, US, and National Climate Center in Beijing, […]

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IREDA Issues RfP For Empanelment of Resource Assessment Agencies For Solar & Wind Energy

The last date for submission of proposals is April 29, 2019. The Indian Renewable Energy Development Agency (IREDA) has issued a Request for Proposal (RfP) inviting proposals fro the empanelment of resource assessment agencies for solar and wind energy. The empanelment for resource assessment agencies is being done for Wind and Solar technologies, separately. The […]

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Vestas Bags Orders Worth 1.11 GW in USA and Brazil

Denmark-based, Vestas has bagged multiple orders in USA and Brazil with a combined capacity worth 1112 MW. In the United States, the turbine manufacturer and wind energy solutions provider has won three orders worth a total of 545 MW. The first order the company has received is for 220 MW of V120-2.2 MW turbines for […]

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Nordex Group Bags 166 MW Wind Turbines’ Order in Argentina

The contract for the wind farm has been awarded by Genneia, a renewable energy Independent Power Producer in Argentina European wind turbine maker Nordex Group today announced it has bagged an order for supplying 38 wind turbines with a combined capacity of 166 MW in Argentina. “For the first time, the Group is supplying turbines […]

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Sprng Buys Shapoorji Pallonji’s 194 MW Operational Solar Assets

Shapoorji Pallonji Infrastructure Capital (SP Infra) has sold 194 MW of operating solar portfolio to Sprng Energy, a renewable energy platform in India by London-based private equity firm Actis.   The deal size has not been disclosed. However, media reports suggest that solar asset’s enterprise value is close to $200 Million or over Rs. 13.8 […]

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