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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […]

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Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20

Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […]

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Siemens to Develop Transmission Link Between Great Britain & Denmark

Siemens will deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Siemens has been awarded a contract to deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Named ‘Viking Link’, the project will enable the exchange of electricity up […]

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Gujarat can Lead the Renewables Race in India: Report

A new report has predicted that Gujarat could outdo all other states with the addition of a staggering 46 GW of new renewable energy capacity by 2029/30 A new report has predicted that in a race to be the top state in India, Gujarat could and perhaps will outdo all other states with the addition […]

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Australia to Invest $15 mn in Ultra Fast EV Charging Network

Australia has today announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery EV charging network along Australia’s highways. On behalf of the Australia Government, the Australian Renewable Energy Agency (ARENA) has announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery electric […]

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VW to Install 4000 EV Charging Points at its German Sites

The Volkswagen (VW) brand is systematically driving its electric offensive and will be installing some 4,000 EV charging points at its German sites by 2025. The first batch is already up and running. The first EV charging center was commissioned at the VW Group Components plant in Braunschweig. The 60 charging points are located on […]

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Tamil Nadu Launches 1st Electric Bus in Chennai on Trial

Tamil Nadu government has unveiled an electric bus that will be operated on a trial basis on specific routes through Chennai As part of measures to keep a check on the rising air pollution levels, the Tamil Nadu government has unveiled a battery-powered electric air-conditioned bus that would be operated on a trial basis on […]

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West Bengal Planning to Introduce New EV Charging Policy

West Bengal is planning to introduce a new policy for EV charging stations in the state. West Bengal Urban Development Ministry is planning to introduce a new policy for electric vehicle (EV) charging stations in the state. The state government is also planning to introduce 500 electric buses under the second phase fo the FAME […]

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Vattenfall Commissions its Largest Offshore Wind Farm

Vattenfall has officially opened Denmark’s, Scandinavia’s and Vattenfall’s largest offshore wind farm, the 407 MW Horns Rev 3 in the North Sea. Swedish state-owned power company, Vattenfall has announced that it has officially opened Denmark’s, Scandinavia’s and Vattenfall’s largest offshore wind farm, the 407 MW Horns Rev 3 in the North Sea. The 49 wind […]

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