SUBSCRIBE NEWS LETTER

solar power

Ashwani Kumar Appointed Group CEO of Suzlon Group

Suzlon Group, one of India’s largest renewable energy solutions provider, has announced that it has appointed Ashwani Kumar as its Group CEO. Tulsi Tanti, Chairman and Managing Director, Suzlon Group said, “I am delighted that Ashwani Kumar is joining the Suzlon family. He brings with him a rich experience in the power and infrastructure sectors […]

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Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage

Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […]

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Each new Wind Turbine Installed in Europe Generates €10m of Economic Activity

Wind energy is 300,000 jobs in Europe and contributes EUR 37 billion to EU GDP every year according to WindEurope’s new report ‘Wind Energy and economic recovery in Europe – How wind energy will put communities at the heart of the European recovery”. European leadership in wind energy will continue to boost jobs and benefit communities. Delivering the National Energy and Climate Plans is […]

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Green Term-Ahead Market Will Boost RE Trading in India

By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […]

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TransAlta Announces Commercial Operation of Alberta’s First Utility Scale Battery Storage Project

TransAlta Renewables has announced that its 10 MW WindCharger battery storage project (WindCharger) began commercial operation on October 15, 2020. WindCharger is Alberta’s first utility-scale, lithium-ion energy storage project and utilizes Tesla Megapack technology. It has a nameplate capacity of 10 MW and total storage capacity of 20 MWh. This technology can be fully charged in approximately two hours […]

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GE Selected by SB Energy for 327 MW Wind Plant in Madhya Pradesh

GE Renewable Energy has been selected by SB Energy to supply, install and commission 121 wind turbines, cumulating 327 MW, in Madhya Pradesh. GE Renewable Energy has announced that it has been selected by SB Energy (SoftBank Group) to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, cumulating 327 MW, to […]

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Wind Energy arm of CLP India Raises Nearly Rs 300 Crore via Green Bonds

CLP Wind Farms (India) has raised Rs 296.9 crore through non-convertible debentures/ green bonds. CLP Wind Farms (India), the wind energy subsidiary of CLP India, has announced that it has raised Rs 296.9 crore through non-convertible debentures/ green bonds. “CLP Wind Farms (India) Private Ltd, a subsidiary of CLP India Private Ltd (CLP India), has […]

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India and France Re-elected President & Co-President of ISA at 3rd Assembly

At the Third Assembly of ISA, India and France were re-elected as the President and Co-President of the alliance for a term of two years. The Third Assembly of the International Solar Alliance (ISA), held virtually on October 14, 2020, was attended by 34 ISA member ministers, 53 member countries, and 5 signatory and prospective […]

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Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL

Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […]

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