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Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus

ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […]

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At Rs 5.38 per unit, Vietnam’s FIT Rates Keep Developers Interested

Vietnam, a late entrant to the solar race, but catching up fast with close to 5.69 GW of installed capacity by end 2019, has just announced its FIT (Feed-in-Tariff) rates for projects that are completed by December, 2020. The prices, according to developers involved with projects in the country, as well as some corporate rooftop […]

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The WoodMac Weekly Global Energy Round Up

Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […]

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Total Invests Rs 3,707 Cr to Form 50:50 JV with Adani Green Energy

French multinational energy company Total S.A. (Total) has invested about Rs 3,707 crore, through its step-down subsidiary, to form 50:50 joint venture (JV) with Adani Green Energy Ltd (AGEL), the renewable energy arm of conglomerate Adani Group. The move came after the regulatory body – the Competition Commission of India (CCI) — has provided its […]

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$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac

Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […]

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Germany’s Senvion to Sell its Indian Wind Turbine Manufacturing Entity

Germany-based one of the world’s leading wind turbine makers Senvion GmbH is selling its fully operational wind turbine manufacturing entity in India to an undisclosed investor. The company, which is a specialist in the offshore business, has entered into a binding agreement with a strategic investor to sell and transfer full ownership of Senvion India. […]

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IntelliSmart Ropes in Anil Rawal as CEO to Ramp up Smart Metering Program

With an aim to further ramp up government’s smart metering program in next few years, IntelliSmart Infrastructure Pvt Ltd, a joint venture of Energy Efficiency Services Ltd (EESL) and National Investment and Infrastructure Fund (NIIF), has roped in Anil Rawal as its Chief Executive Officer (CEO). Rawal will be responsible for the company’s operations on […]

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Vestas Selected for 139 MW Offshore Wind Farm in Japan

Vestas has received a 139 MW order to supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro Offshore Wind Farm Project in Japan Vestas has received a 139 MW order from MHI Vestas Offshore Wind, the joint venture between Vestas Wind Systems and Mitsubishi Heavy Industries, to supply 33 Vestas V117-4.2MW typhoon variant turbines […]

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547 Energy and Enora Secure PPA for 153 MW Wind Project in Greece

547 Energy in partnership with ENORA has been awarded a 20-year PPA by the RAE in Greece for a 153 megawatt (MW) wind energy project. 547 Energy, the renewable energy platform of Quantum Energy Partners, has announced that its affiliate, 547 Energy International European Holdings in partnership with ENORA has been awarded a 20-year power […]

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