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EESL JV ‘EPAL’ Becomes Fastest Growing Indian Owned Firm in the UK

EESL JV ‘EPAL’ has emerged as the fastest-growing Indian company in the UK in the “India meets Britain Tracker 2020”, developed by CII and Grant Thornton. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India has set a remarkable global precedent […]

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EU Commits to Clean Energy in COVID-19 Recovery Strategy

The EU has pledged to stay away from fossil-fueled projects in its COVID-19 recovery strategy, but environmental groups said they were unimpressed. The European Commission (for the EU) has pledged to stay away from fossil-fueled projects in its coronavirus (COVID-19) recovery strategy and to stick to its target of making Europe the first climate-neutral continent […]

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Tata Power to Expand EV Charger Network to 700 by FY21

In line with Tata Group’s ambition of expanding into e-mobility space via group companies, utility giant Tata Power on Thursday disclosed its substantial investment plan of expanding its network of smart electric vehicle (EV) charging points to around 700 by FY21. The country’s largest integrated utility company said in a statement that “as part of […]

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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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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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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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ChargePoint Named Leading EV Charging Hardware Supplier

A new report examines the strategy and execution of 15 companies offering solutions to the global EV charging market, with ChargePoint ranked number one. A new Leaderboard Report from Guidehouse Insights examines the strategy and execution of 15 companies offering solutions to the global electric vehicle (EV) charging market, with ChargePoint ranked as the top market player. Climate […]

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Tata Power Posts Financial Results; Boosted by Renewable Business

Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […]

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