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More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC

GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […]

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Nordex Group Bags 166 MW Wind Turbines’ Order in Argentina

The contract for the wind farm has been awarded by Genneia, a renewable energy Independent Power Producer in Argentina European wind turbine maker Nordex Group today announced it has bagged an order for supplying 38 wind turbines with a combined capacity of 166 MW in Argentina. “For the first time, the Group is supplying turbines […]

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Industry Roadblocks May Halt Renewable Energy Growth Juggernaut

Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […]

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Shell To Power Up 700,000 UK homes with Renewable Energy

Royal Dutch Shell will begin supplying renewable electricity to more than 700,000 homes in the UK this week as it powers up plans to become the world’s biggest electricity company. Under the brand Shell Energy, it will become one of UK’s biggest green power suppliers overnight when it replaces First Utility, a year after acquiring […]

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EMEC Secures $35 Mn For Floating Wind Project in North-West Europe

The project is led by the European Marine Energy Centre (EMEC) working in partnership with SEAI, SAIPEM and other organisations in France, Germany, Ireland, the Netherlands, and the UK. A EUR 31 million ($35 million) project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a […]

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Viz-A-Viz with Santhosh S Nair, Director, Energy Segment-Asia, Nokia

Santhosh S Nair, Director, Energy Segment-Asia, Nokia spoke about the massive potential in the energy segment in India for Nokia. The Indian market is a critical market for Nokia, where, thanks to its huge telecom network investments, it already has close to 16000 employees. He was speaking to Group Editor, Prasanna Singh. Tell us about the work Nokia […]

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Japan’s Eurus Energy Acquires Share in Winlab Africa

Japan’s wind energy developer Eurus Energy has acquired a share in Winlab Africa, a subsidiary of the Australian group Winlab Limited, with an investment of $10 million. The money will be used to finance several projects, including the Miombo Hewani wind farm in southwest Tanzania. A company statement explained that through this investment, Eurus Energy, […]

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ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP

The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […]

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