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Adani Green Energy Q2 Results Show Rs 102 Crore Profit

Adani Green Energy recently posted its financial results for Q2, reporting a consolidated net profit of Rs 102 crore Adani Green Energy recently posted its financial results for the second quarter (Q2) of the fiscal, reporting a consolidated net profit of Rs 102 crore for the September quarter of 2019-20. The company reported a loss of […]

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Top 3 Western Wind Turbine OEMs to Control 60% Market by 2028

The top five global wind turbine OEMs are expected to control 75% of the sector by 2028, while the leading 3 western OEMs will increase their market share to 60% Market share consolidation by global wind turbine original equipment manufacturers (OEMs) is set to intensify. After a decade of fragmentation, the top five global turbine […]

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Nordex Bags Wind Turbine Orders Worth 248 MW in Turkey

The Nordex group as announced that it has received orders for wind turbine deliveries for projects worth 248 MW in Turkey Since entering the wind energy market in Turkey in 2007, the Nordex Group has installed more than 2.03 GW of wind capacity in the country, representing a market share of almost 27 percent. And […]

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BRICS Nations Urged to Adapt Fiscal Policies to Clean Energy Transition

Governments receiving revenue from fossil fuels will see a sudden gap in budgets if they don’t adapt their fiscal policy to the clean energy transition A new report has warned that if governments receiving a lot of revenue from fossil fuels—whether through their consumption or production—will see a sudden gap in their budgets if they […]

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Renewables to Deliver Europe’s 2030 Climate Energy Goals

If member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030 If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030, and the continent is on track […]

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Africa at the Centre of Global Energy Transition Until 2040: IEA

Africa is set to play a key role in shaping the global energy transition as it undergoes the largest process of urbanisation the world has ever seen. Africa is set to become increasingly influential in shaping global energy trends over the next two decades as it undergoes the largest process of urbanisation the world has […]

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MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO

MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […]

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11 GW Solar & 6 GW Wind, RE Installations in India to Peak Next Year

A new report has predicted that with 11 GW of new solar additions and 6 GW of wind capacity, renewable energy installations in India will peak in 2020 The utility-scale solar segment in India saw an addition of 4 GW in the first three quarters of 2019 and is expected to add another 4.5 GW […]

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Enel Begins Work on 280 MW Wind Facility in South Africa

Enel has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. Enel, through its renewable subsidiary Enel Green Power RSA, has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. The plants, which […]

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