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PXIL to Launch Real Time Market for Electricity Transactions From June 1

PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […]

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VW to Invest €2.1 Bn to Expand EV Business in China, Acquires Majority Stake in 2 Firms

Global automobile major Volkswagen AG (VW) has announced that it has initiated the next chapter for its electric vehicles (EV) business in China. Global automobile major Volkswagen AG (VW) has announced that it has initiated the next chapter for its electric vehicles (EV) business in China. The firm has revealed that it plans to increase its share […]

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ArcVera Renewables Hires Ron Nierenberg – Wind Industry Veteran, Meteorologist

ArcVera Renewables, a leading provider of consulting and technical services for renewable energy projects, has hired Ron Nierenberg in its wind energy team. He is an award-winning wind industry veteran and meteorological specialist with four decades of experience. Ron has more than 40 years of experience with meteorological consulting in wind energy. His expertise ranges from prospecting […]

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Siemens Gamesa Bags Massive 2.64 GW Order for new 14 MW Platform

Siemens Gamesa will conditionally supply SG 14-222 DD offshore wind turbines to the massive 2.64 GW Dominion Energy Coastal Virginia Offshore Wind project. Siemens Gamesa Renewable Energy will conditionally supply SG 14-222 Direct Drive offshore wind turbines to the massive 2.64 GW Dominion Energy Coastal Virginia Offshore Wind (CVOW) commercial project. This project will be […]

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AEP Receives Approvals to Acquire Wind Projects Worth 1485 MW

AEP has received more than the required approvals to enable the company to acquire the entire planned 1485 MW of wind projects in Oklahoma. American Electric Power (AEP) has announced that it has received more than the required approvals to enable the company to acquire the entire planned 1485 megawatts (MW) of wind generation projects […]

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Cross-Sector Industry Platform Outlines Best Strategies for Turbine Blades Recycling

WindEurope, Cefic and the European Composites Industry Association have presented their recommendations for recycling of wind turbine blades in a new report WindEurope, the European Chemical Industry Council (Cefic) and the European Composites Industry Association (EuCIA) have presented their recommendations for the recycling of wind turbine blades in their new report ‘Accelerating Wind Turbine Blade […]

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63 GW new Wind Capacity Added in 2019; Vestas top Supplier: GWEC

According to a new report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity. The Global Wind Energy Council (GWEC) has published the second edition of its annual ‘Supply-Side Analysis 2019’ report on its market intelligence platform. According to the report, 22,893 wind turbines […]

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IndiGrid Reports 92% Jump YoY in Revenue for Fourth Quarter

IndiGrid has reported consolidated revenue of Rs 328.4 crore for the quarter ended March 31, 2020, up 92 percent YoY from Rs 170.5 crore in Q4 2019. IndiGrid, India’s first power sector Infrastructure Investment trust (InvIT), has announced its results for the financial year ended March 31, 2020. The firm has reported consolidated revenue of […]

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GE to Sell its 130-Yr-Old Lighting Biz to Savant Systems

American multinational conglomerate General Electric (GE) on Wednesday said that it has signed a definitive agreement to sell its 130-year-old Lighting business, GE Lighting, to Savant Systems, a leading player in the smart home space. However, the financial details of the transaction were not disclosed by the company. For many years the company was looking […]

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