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solar energy power

Siemens Gamesa and Repsol Agree to Install 120 MW Across 4 Wind Farms in Spain

Siemens Gamesa and Repsol have signed their first contract that will see the installation of wind turbines across four wind farms in Spain Siemens Gamesa and Spanish energy giant Repsol have signed their first contract together that will see the installation of 24 SG 5.0-145 wind turbines across four wind farms in Spain, with a […]

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Masdar Agrees to Expand Uzbekistan Wind Farm Capacity to 1.5 GW

Masdar has signed an agreement with the Government of Uzbekistan to extend the capacity of its utility-scale wind farm project up to 1.5 GW. Masdar, one of the world’s leading renewable energy companies, has signed an Implementation Agreement with the Government of the Republic of Uzbekistan to extend the capacity of its utility-scale wind farm […]

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Magenta Launches EV Charging Solution for Residential Complexes

A business unit of Magenta, which was set up solely to focus on the EV eco-system largely charging solutions Magenta ChargeGrid has come up with what it claims is a solution for large residential complexes under their product range – ‘ChargeGrid Prisma’. ChargeGrid Prisma is developed especially for solving the complex and multiple problems for […]

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ABB and Amazon Web Services Collab to Digitalize EV Fleet Management

The ABB Group and Amazon Web Services (AWS) have announced their partnership to develop a cloud-based digital solution for the real-time fleet management of Electric Vehicles (EVs). The solution will optimize the efficient use of EVs and speed up the electrification of transport fleets, helping operators worldwide maintain 100 percent business continuity as they transition […]

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State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points

State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […]

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No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA

India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […]

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KPTL Secures Domestic and Foreign Orders Worth Rs 625 Crore

KPTL has announced that it has secured new orders/ notification of award worth a combined Rs 625 crore Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has announced that it has secured new orders/notification of award worth a combined Rs 625 crore. The projects have been […]

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Vestas Expands Footprint in Japan With two new Orders

Global wind major Vestas has announced that it has expanded its footprint in Japan with a 43 MW order for the Yokohama-machi Wind Power Plant in Aomori prefecture, Japan. Owned by Japan Wind Development, the project will feature nine Vestas V117-3.45 MW and three Vestas V105-3.45 MW turbines with 94-meter towers. All turbines are delivered in 3.6 MW operating […]

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Berlin-based Betteries Closes €2.1m Seed Funding Round to Upcycle EV Batteries

Betteries, a startup based in Berlin which upcycles electric vehicle (EV) batteries into affordable power systems, announced that it has successfully closed its Euro 2.1m seed funding round led by impact funds Factor[e] Ventures and Beyond Black. Speaking of this investment achieved, CEO and founder of betteries, Dr. Rainer Hönig stated, “This seed round is […]

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