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Swedish Take-up of the Siemens Gamesa 5.X Platform With 62 MW Deal

The strength of the onshore powerhouse Siemens Gamesa 5.X platform has gathered momentum in Sweden heading into 2021 following the signing of a 62 MW deal to supply two adjacent sites in the Sunne region. The deal with local utility firm Tekniska verken will cover the supply of 7 SG 5.8-170 turbines at Fryksdalshöjden and […]

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Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore

Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […]

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IFC to Support India’s Continuum in First Green Bond Offering in Singapore

IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […]

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Vestas Launches 15 MW Turbines; Sets Sight at Offshore Wind Leadership

Vestas the global leader in onshore wind has set its sights on taking a leading role in offshore wind with the launch of its 15 MW turbines Vestas, the global leader in the onshore wind segment has now set its sights on taking a leading role in the offshore wind sector. This journey, the firm […]

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SECI Extends Deadline for 20 MW Solar Plus 20 MW Storage Tender in Leh

SECI has extended the bid submission deadline for its tender for the commissioning of a 20 MW solar with 20 MW storage in Leh, Ladakh. The Solar Energy Corporation of India (SECI) has notified that it has extended the bid submission deadline for its tender for the commissioning of a 20 MW (AC) solar PV […]

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Committed to Reduce Emissions by 33 to 35% From 2005 Levels: PM Modi at WSDS

PM Modi at the WSDS inauguration reiterated India’s commitment to reduce the emissions intensity of GDP by 33 to 35 percent from 2005 levels. Prime Minister Narendra Modi on February 10, 2021, inaugurated the World Sustainable Development Summit (WSDS) 2021 via video conferencing. During the event, PM Modi reiterated India’s commitment to reduce the emissions […]

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The 2021 Roadmap For Solar

With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […]

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Premier Energies to set up new Rs 483 Cr Solar Manufacturing Facility in Hyd

Premier Energies is setting up a new state-of-the-art solar cells and modules manufacturing facility at the cost of Rs 483 crore in Hyderabad Premier Energies, a leading domestic solar PV cells and modules manufacturing company has announced that it is setting up a new state-of-the-art facility at E-City Hyderabad. A Greenfield Project, the new plant […]

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EV Manufacturer Rivian Sets Sights for IPO This Year

Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter.  The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […]

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