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MNRE Offers Clarification on Domestically Manufactured Solar Cells

MNRE has issued a clarification in respect of domestically manufactured solar PV cells. In a major decision that is likely to give a further boost to domestic manufacturing of solar cells in India, the Ministry of New and Renewable Energy (MNRE) has issued a clarification in respect of domestically manufactured solar PV cells. It may […]

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Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn

Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […]

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SECI’s ISTS-VI Tender for 1200 MW Solar Projects Fully Subscribed

SECI has received four bids amounting to 1200 MW against its 1200 MW solar power projects tender (ISTS-VI). The Solar Energy Corporation of India (SECI) has received bids amounting to 1200 MW against its 1200 MW solar power projects tender (ISTS-VI). The tender, which was initially issued with Madhya Pradesh being the only delivery point […]

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IEA Report on Renewables 2019

Renewables 2019 is the IEA market analysis and forecast from 2019 to 2024 on renewable energy and technologies. It provides global trends and developments for renewable energy in the electricity, heat and transport sectors. The analysis this year contains an in-depth look at distributed solar PV, which is set to more than double in capacity in […]

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NTPC Tenders for 1000 MW Solar Projects Under DBDT Scheme

NTPC has tendered for setting up solar power projects under the DBDT scheme to a maximum capacity of 1000 MW. NTPC Ltd. has issued a tender, inviting bids from eligible parties for setting up of grid-connected solar power projects under the Develop Build Demonstrate Transfer (DBDT) scheme to a maximum capacity of 1000 MW. The […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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IRENA Report on Future of Wind

Reducing carbon dioxide (CO2) emissions is at the heart of the world’s accelerating shift from climate-damaging fossil fuels towards clean, renewable forms of energy. In addition to fulfilling the Paris Agreement, renewables are crucial to reduce air pollution, improve health and well-being, and provide affordable energy access worldwide. Wind energy forms an important part of […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Scatec Solar Posts Strong Financial Results for Q3 2019

Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […]

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