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Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog

Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […]

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E.ON Announces 440 MW Wind Project in Texas Worth $500 MN

E.ON has announced what is its largest single-phase project to date, the 440 megawatts (MW) onshore wind farm, Big Raymond in Texas German energy utility firm E.ON has announced what is its largest single-phase project to date, the 440 megawatt (MW) onshore wind farm, Big Raymond in Texas. The project will be developed in the […]

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Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030

Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […]

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Innergex Nears Completion of 600 MW Worth of RE Projects in Texas

Innergex has announced that its two renewable energy projects worth 600 MW in the state of Texas will be in commercial operation by the end of the year. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced that its two renewable energy projects worth 600 MW in the state of Texas are nearing completion and expects both […]

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Siemens Gamesa Signs 453 MW Turbine Deal With Alfanar for 2 Indian Projects

Siemens Gamesa has secured its first order in India with Alfanar for the supply of 206 units of wind turbines for two wind farms, totalling 453 MW. Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind […]

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Apparel Brand Gap Signs 90 MW VPPA With Enel Green Power

Gap has signed a 90 MW VPPA for the Aurora Wind Project with Enel Green Power, marking one of the largest offsite RE contracts by an apparel retailer. Global apparel retailer Gap Inc. has announced that it has signed a 90 MW virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of […]

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IL&FS Proposes to NCLT Sale of Wind Assets to Orix

ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […]

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Ørsted Reports Strong Numbers for First Half of 2019

Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […]

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Powergrid Bags Transmission Projects in Gujarat and Rajasthan

Powergrid has been declared the successful bidders to establish transmission systems for two projects in Gujarat and Rajasthan. The Power Grid Corporation of India (Powergrid) has announced that it has been declared the successful bidder under the tariff-based competitive bidding to establish transmission systems for two projects in Gujarat and Rajasthan. The first Letter of […]

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