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wind generation

Finnish Firm Wärtsilä Commissions Netherland’s Largest Energy Storage System

The technology group headquartered in Finland, Wärtsilä has said that it has commissioned of its first energy storage project in the Netherlands, which is the country’s largest system to date. Rob Jetten, Minister for Climate and Energy, and Ruud Nijs, CEO of GIGA Storage BV, joined Wärtsilä in the ribbon cutting ceremony of the project. […]

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Adani Green Energy Buys 3 SPVs from Inox Green Energy

Leading renewable energy company Adani Green Energy has revealed that it has acquired three entities from Inox Green Energy Services Limited (IGESL), a subsidiary of INOX Wind that is a wind power operation and maintenance (O&M) service provider. Each of the three entities holds 50 MW operational wind power projects at Dayapar, Gujarat. The three […]

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Ilmatar Gets Aid to Build Finland’s Largest RE Hybrid Park

Finland’s Ministry of Economic Affairs and Employment (MEAE) has granted EUR 19.5 million in aid to Helsinki-headquartered Ilmatar Energy Oy for the development of a renewable energy hybrid park in the areas of Alajärvi and Kyyjärvi of considerable size by Finnish and European standards. The official statement of Ilmatar has held that the hybrid energy […]

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ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy

Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […]

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Fluence, TransnetBW To Build 250 MW Energy Storage System

Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […]

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CERC Retains Price Caps On Energy Trading

The CERC (Central Electricity Regulatory Commission), which regulates the power exchanges across the country among its other responsibilities, in an order on September 29, has extended the price caps it had placed on power trading by a further 3 months. The cap of Rs 12 per unit, that was first imposed when shortages drove up […]

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Coping With Volatility- The New Reality Of EPC Contracts

Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […]

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European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark

Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view  on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […]

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Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment

Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […]

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