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Revamped Distribution Sector Scheme Sanctioned in Ladakh at Rs 687.05 Cr

The Government has given its nod for the implementation of the Revamped Distribution Sector Scheme (RDSS) in the Union Territory of Ladakh. The scheme been sanctioned at a cost of Rs 687.05 crore. Towards this, an agreement has been signed between the Chief Engineer, Distribution, Ladakh Power Development Department (LPDD), Tsewang Paljor and Executive Director […]

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Wärtsilä Grabs 114MWh UK Storage Project From EDF Renewables

Technology major Wärtsilä has bagged EDF Renewables order to deliver a grid-scale energy storage system (ESS) in Bramford, UK having a capacity of 57 MW / 114 MWh. The ESS project will support the transition to a decarbonised electricity system and help achieve the UK’s net zero goals. Wärtsilä said that the order was booked […]

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KKR Purchases $550 Million Loan Of SunPower

North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […]

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Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia

RWE Renewables, a German-based energy company, has now bagged a tender in New South Wales (NSW) in Australia to offer long-term energy storage systems. The company had earlier bid for its proposed eight-hour-long battery storage systems. However, by quoting lower than pumped storage, the firm has opened up a slew of possibilities on the utility […]

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Siemens Gamesa Bags 1000 MW Onshore Wind Commitment From RWE

RWE has announced the signing of a framework agreement with Siemens Gamesa under which Siemens Gamesa will supply turbines to 1000 MW of onshore wind farms that will be built by RWE in Europe. This allows Siemens Gamesa to become a leading supplier of large components for the RWE project pipeline. RWE will procure the […]

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Gothenburg Port Authority Claims Stake in 1 GW Swedish Offshore Wind Project

Gothenburg Port Authority has bought a minority share in the Swedish offshore wind farm of 1 GW (unbuilt) by Eolus, a wind power developer in the Nordics. The said offshore wind farm, which boasts of an installed capacity worth 1,000 MW in Sweden, will have the potential to produce 4-4.5 TWh of renewable electricity every […]

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Azure Power Welcomes Harpreet Singh as Head, Supply Chain Management

Independent Power Producer Azure Power has announced the onboarding of Harpreet Singh as the Head of Supply Chain Management. Harpreet Singh said about his new role, “I am happy to join Azure and look forward to bringing in my experience of implementing innovative methodologies and technologies in streamlining procurement procedures and establish strong partnerships with […]

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Suzlon Wins Second Order for 3 MW Series Turbines From Juniper For 69.3 MW Project

Independent Power Producer Suzlon Group has revealed that it has secured the second order of the 3 MW product series aimed at the development of a 69.3 MW wind power project for Juniper Green Energy Private Limited. As per the agreement, Suzlon will install 22 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) […]

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Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report

The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions.  GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […]

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