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Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn

Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Predictive Maintenance Key to Enhancing Safety and Productivity of Power Sector

A new report looks at how predictive maintenance is becoming key to the power sector as it extends the operational life of infrastructure, while also enhancing safety & productivity Predictive maintenance is becoming integral to the power sector as it extends the operational life of field equipment and infrastructure in order to improve organisational profitability, […]

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Winds of Change are Blowing in Africa: GWEC

The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […]

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DMRC Floats Tenders for Procurement of Electric Buses

DMRC has issued two tenders in a bid to procure 100 air-conditioned electric buses to be operated in its east and north Delhi clusters. The Delhi Metro Rail Corp (DMRC) has issued two tenders in a bid to procure 100 air-conditioned electric buses to be operated in its east and north Delhi clusters. The buses […]

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Meet Sungrow’s New Powerful 1500V String Inverter

Currently, solar power generation faces significant growth due to global awareness and favorable government policies. IHS, BNEF and other leading analysts predict that solar installations will breach the 100GW barrier again in 2019. At the same time, the PPA price for solar continues to decrease, which is already lower than traditional power generation in some […]

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EESL, BSNL to Install 100 Public EV Charging Stations in Punjab

EESL has signed an MoU with BSNL (Punjab Telecom Circle) to install 100 public EV charging stations to boost e-mobility in Punjab. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under the Ministry of Power, Government of India, has signed a Memorandum of Understanding (MoU) with BSNL (Punjab Telecom […]

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AAI Extends Deadline for 100 kW Rooftop Plant at Pune Airport

AAI has extended the bid submission deadline for its tender for setting up of a 100 kW flexible solar PV plant on the terminal building of the Pune Airport The Airports Authority of India (AAI) has extended the bid submission deadline for its tender for setting up of a 100 kW grid-connected flexible solar PV […]

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