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Global Offshore Wind Capacity to Cross 81 GW by 2024

The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […]

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Suzlon Wins IMC Ramakrishna Bajaj National Quality Award

Suzlon Global Services Limited (SGSL), has won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. Suzlon Global Services Limited (SGSL), a 100% subsidiary of Suzlon Energy Ltd. won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. The stringent assessment […]

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CERC Issues New Regulation For Cross Border Trade of Electricity

India looks set to improve its position as an electricity exporting nation with new guidelines issued by CERC for seamless cross border trade of electricity. The Central Electricity Regulatory Commission (CERC), in accordance with the guidelines on import and export of electricity issued by the Ministry of Power earlier this year, has issued new guidelines […]

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UK Augments Funding for African RE Projects by £30 million

Harriett Baldwin, the UK Minister for Africa, announced additional new funding to give more people and companies across Africa access to affordable, clean energy. Minister Ms. Harriett Baldwin announced that the new funding will see £30 million added to the Transforming Energy Access program, taking total British investment to £100 million, and allowing it to […]

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MNRE Introduces New Mode-7 For Development of RE Parks

A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […]

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ITI Floats Tender For 270 AC and DC Electric Vehicle Chargers

The last date of bid submission is March 15, 2019. The Indian Telephone Industries Limited (ITI) has invited Expression of Interest (EOI) for selection of “Business Associates” for the supply, erection and commissioning of 70 AC (Smart) Charging Equipment (Bharat AC 001), 170 DC (Fast) Charging Equipment (Bharat DC 001) and 30 DC Fast Charger […]

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Greenko ropes in Siemens for 46% stake in Poovani Project

German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […]

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EESL Inks MoUs with 5 Organisations to Implement Energy Efficient Solns

Both EESL and USAID partnered to develop strategies for the roll-out of scalable, market-led solutions for sustainable cooling technologies and superefficient buildings under the MAITREE programme. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, signed agreements with five Indian organisations with an aim to demonstrate a cross-cutting […]

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Longi Commissions New 5GW Mono Module Factory in China

Further, this 5GW factory was built with a total investment of about USD 328 million. One of the leading solar modules maker LONGi Solar has commissioned it’s another 5GW high-efficiency monocrystalline module plant in Chuzhou, Anhui, China. The move has come as the company aimed at enhancing its high-efficiency monocrystalline module capacity to meet rising global demand […]

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