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Vestas Secures 84 MW Order to Supply Wind Turbines in Vietnam

In a series of order win, Danish wind turbine maker Vestas has won 84 MW order for the supply, transportation, installation and commissioning of an aggregate of twenty V150-4.2 MW wind turbines for a wind project in Vietnam. The wind major also provides tailor-made solutions as per the specific requirements, after working closely with the customer […]

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ST Unveils Extra-Rugged Power Rectifiers to Extend Portfolio for Space Applications

With an aim to extend its portfolio of power devices for space applications, French-Italian semiconductor giant STMicroelectronics (ST) has introduced new ESCC (European Space Components Coordination) qualified 200V and 400V power rectifiers and SEB-immune Schottky rectifiers at 45V and 150V. Further, these rad-hard Schottky diodes include 45V and 150V devices, SEB immune up to 61MeV/cm2/mg linear energy transfer […]

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EMT and Iberdrola’s i-DE Agree to Electrify Madrid’s Urban Bus Network

EMT and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in Madrid. The Madrid Municipal Transport Company (EMT) and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in the city of Madrid, with the aim of consolidating […]

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Sensor Market Growth to be Dictated by Increase in EV Demand: Report

Sensor market growth will be dictated by an expected increase in demand for electric vehicles (EV), according to a new report by Strategy Analytics. Sensor market growth will be dictated by an expected increase in demand for electric vehicles (EV). The new Powertrain Body Chassis and Safety (PBCS) service report by Strategy Analytics, forecasts that […]

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Xpeng Starts Delivery of its Intelligent EV Sports Sedan ‘P7’

Xpeng Motors has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of […]

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KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’

KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […]

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Discoms’ Dues to Gencos Expands to Rs 1.23 Lakh Crore

Gencos total outstanding dues owed by Discoms rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year. Power generators (Gencos) total outstanding dues owed by distribution companies (Discoms) rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector. […]

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RPO Fines Will Lead to Exponentially High Demand: RK Singh

The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […]

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Inox Wind Net Loss Widens to Rs 192.17 Cr in Q4

Inox Wind, a leading wind energy solutions provider in India, has reported its consolidated net loss widened to Rs 192.17 crore during the fourth quarter ended March 31, 2020, on the back of higher expenses. The consolidated net loss of the company stood at Rs 53.56 crore during the same period a year ago, the […]

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