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GWEC Releases First Supply-Side Data Report, Vestas Well Ahead of the Rest

The Norwegian company accounted for just over 20 percent of the market share, or more effectively every fifth wind turbine installed in the last year was manufactured by Vestas. The Global Wind Energy Council (GWEC) has published the first edition of its annual Global Wind Market Development – Supply-Side Data 2018. According to the report, […]

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responsAbility Partners with Pune-Based Electronica to Expand Green Lending Facility

Through this green bond issuance, EFL plans to diversify its product offering and to expand into financing solar PV for the commercial and industrial markets. Swiss impact investment institute, responsAbility has partnered with Pune-based non-banking finance company Eletronica Finance (EFL) to issue green Masala Bonds for expanding EFL’s energy efficient machinery lending portfolio for small […]

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BRPL and Shuttl Commit to EV Transition with Focus on Charging Infrastructure

Through their EV100 membership, the two firms have pledged to switch their fleets to electric and install charging infrastructure where they have operations. BSES Rajdhani Power Limited (BRPL) and app-based mobility company Shuttl have become the latest Indian companies to join The Climate Groups’ EV 100 initiative.  Shuttl operates nearly 30,000 rides daily to commuters […]

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MNRE Issues Revised Guidelines For Series Approval of SPV Modules

The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for series approval of solar PV modules for conducting testing in test labs for implementation of Solar Photovoltaics Systems, Devices and Component Goods Order 2017. The guidelines are issued to facilitate labs/manufacturers in the formation of series of products for approval of product […]

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LONGi To Invest US$875 Million for Production Capacity Expansion in 2020

The company had recently announced a new 1GW mono-Si cell plant would be built in Malaysia at the Shama Jaya Free Industrial Park, Kuching City, Sarawak, Malaysia at a cost of approximately US$125.5 million. Leading monocrystalline wafer producer LONGi Green Energy Technology is planning to invest around US$875.7 million in expanding its Czochralski-based monocrystalline silicon […]

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Germany Brings Online Largest Offshore Wind Farm in the Baltic Sea

Arkona started its power supply to the German national grid in September 2018, and its 60 wind turbines, each producing six megawatts, reached peak production in 2019 Chancellor of Germany Angela Merkel and Norwegian petroleum and energy minister Kjell-Børge Freiberg opened the Arkona offshore wind farm in the Baltic Sea in Mukran on the German […]

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India, Denmark agreement on Wind Cooperation Approved

India and Denmark’s agreement on Wind Energy, signed in March, was formally approved in a cabinet meeting chaired by Prime Minister Narendra Modi yesterday. Prime Minister Narendra Modi chaired a union cabinet meeting where it gave approval for a cooperation agreement between Ministry of New and Renewable Energy (MNRE) and Denmark’s Ministry for Energy, Utilities […]

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Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec

The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […]

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Siemens Gamesa Wins 77 MW Order For Denmark’s Largest Onshore Wind Project

Siemens Gamesa has signed an order with Eurowind Energy for Thorup-Sletten, the largest onshore windfarm in Denmark to date. The company has signed the agreement for the supply of 18 onshore turbines that will have a total capacity of 77 MW and an electricity production equivalent to the average annual consumption of approximately 65,000 households. […]

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