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Wind Now Provides 14% of Europe’s Electricity 

Wind energy provided 14% of the EU’s electricity last year, up from 12% in 2017, according to statistics released by WindEurope. Wind power capacity rose in Europe by 11.3 GW in 2018. Continued growth in capacity and the use of more powerful turbines are helping to drive up wind’s share in the electricity mix. Denmark […]

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ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC

The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […]

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The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha

Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […]

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Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt

The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […]

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CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme

The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […]

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Narendra Modi Flags Off First Ever Diesel to Electric Locomotive

Diesel Locomotive Works has converted two WDG3A Diesel Locos into a Twin Electric WAGC3 loco of 10,000 HP. Prime minister Narendra Modi has flagged off the world’s first ever diesel to electric converted locomotive at the Diesel Locomotive Works in Varanasi. The Prime Minister unveiled the first of its kind converted electric locomotive during his […]

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Review of a PV Plant Featuring Single-Axis Trackers

Soltec, a leading manufacturer and supplier of single-axis solar trackers and related services in large-scale projects, supplied 162 MW of complete tracker equipment to a PV power plant located in Northeast Brazil. The project counts with 5,368 units of the innovative independent-row tracker. Eliminating array-gaps at all pile mounting locations, SF7 achieves complete tracker module […]

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