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Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss

Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […]

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Engie, Credit Agricole Agree To buy Spanish Form Eolia Renewables for €2 bn

French energy major Engie and insurance firm Crédit Agricole Assurances acquiring Spanish renewable energy company Eolia Renovables. By the end of the transaction, the two firms will own 97.33 % of Eolia. The deal will add 821MW of onshore wind capacity, 78MW of solar photovoltaic (PV) capacity and a pipeline of renewable projects whose total […]

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China’s Largest PV Plant In Quinghai Offers A study On Co-Existing With Nature

China’s Tara Beach, located 60 kilometres southeast of Qinghai Lake, in the island province of Hainan, is bathed with a blue sea of solar panels. It houses the world’s largest renewable energy base that was built by Huanghe Hydropower Development, a state-owned utility company, with technological contributions from ICT provider Huawei. A 2.2 GW solar plant — the Tara […]

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TATA Projects Bags 120 km Transmission Line Project in Bangladesh

TATA Projects Limited, an Indian infrastructure company, has announced that it has forayed into Bangladesh’s Transmission and Distribution (T&D) sector by securing a 400 KV double circuit transmission line project valued at approximately INR 900 crore (USD 120 million) from Power Grid Company of Bangladesh Limited (PGCB). This 120-km length project from Barapukuria to Bogura […]

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CERC Provides Relief To Tata Power In Dispute With PGCIL Over Open Access

In a recent judgement concerning transnational electricity trade between India and Bhutan, the Central Electricity Regulatory Commission (CERC) granted the petition of Tata Power Trading Company Limited (TPTCL), requesting that its power purchase agreement (PPA) with Dagachhu Hydro Power Corporation (DHPC) be considered under the Ministry of Power’s (MoP) guidelines and the Cross Border Trade […]

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New SiemensGamesa Turbine for Vattenfall’s Big UK Offshore Wind Farms

Siemens Gamesa has been named Nominated Preferred Supplier by Vattenfall for the 3.6 GW Norfolk offshore wind power projects in the UK. The agreement includes the potential deployment of the new SG 14-236 DD offshore wind turbines and a multi-year service agreement. Located between 47 – 72 km off the English east coast, the agreement […]

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Shell, Baker Hughes Partner on Net-zero Targets & Solutions

Oil major Royal Dutch Shell’s clean energy unit will provide renewable energy credits (REC) to oilfield firm Baker Hughes’ facilities in United States for a two-year period, the companies said on Wednesday. Baker Hughes will provide low-carbon technology solutions for Shell’s LNG fleet. The RECs are tradable instruments substantiating that electricity has been generated from renewable […]

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Joe Doucet’s ‘Wind Turbine Wall’ is Both Art & Utility

Can the power of art help power our homes? While most wind power plants today are located on expansive hills and coastlines or even found floating on water bodies, the idea of installing wind turbines in our homes, in our backyards no less, would seem to conflict with our sense of both home décor and […]

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