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Full Electrification of Railways in Next 4 Years: Piyush Goyal

Union Minister Piyush Goyal has informed that a target has been set for full electrification of Indian railways within the next four years. “Railways is continuously increasing electrification for a better, pollution-free future. The target of electrification of the entire railway in the next 3-4 years has been set, making it the world’s first carbon emission-free railway, along […]

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Interaction with Sushil Sarawgi, Managing Director, KOR Energy (India)

 Kor Energy (India) Pvt Ltd, founded in 2013, is an emerging Engineering, Procurement and Construction (EPC) services provider for the solar power plants in India. Besides, it is also involved in the mergers and acquisition for renewable energy projects, along with debt and equity syndication for the projects. The company is also involved in […]

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MG and Fortum Install First Public Fast Charging Station in Gurugram

MG Motor India and Fortum have unveiled the first 50 kW DC charging station at MG’s flagship showroom at Gurugram. Underlining its commitment towards catalysing an EV revolution, MG (Morris Garages) Motor India and Fortum Charge & Drive India have unveiled the first 50 kW DC charging station at MG’s flagship showroom at Gurugram. The […]

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Europe to Lead RE Cost Reductions for Offshore Wind Through 2028

The levelised cost of energy (LCOE) in Europe for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028 Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028, according to new […]

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Enel Green Power Begins Work on 299 MW US Wind Farm

Enel Green Power North America has announced that it has begun construction of the 299 MW Aurora wind farm in North Dakota. Enel, through its US-based renewable company Enel Green Power North America, has announced that it has begun construction of the 299 MW Aurora wind farm in North Dakota. Expected to be fully operational […]

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Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm

This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […]

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Vestas Secures 103 MW Order and EPC Contract in New Zealand

Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […]

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Kerala Adds New Powerline to Boost Power Import Capability by 800 MW

The Edamon-Kochi power highway has been formally inaugurated and will increase the power import capability of Kerala by 800 MW. Kerala Chief Minister Pinarayi Vijayan has formally inaugurated the 148 km long Edamon-Kochi power highway which will increase the state’s power import capability by 800 MW. “With the completion of the Edamon-Kochi power highway, power can […]

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€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation

EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […]

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