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South Africa’s Eskom Plans $7.2 B Investment in Wind & Solar

South African electricity public utility Eskom Holdings SOC Ltd. is planning to invest 106 billion rand, or $7.2 billion, in wind and solar power by the end of the decade. Eskom, which accounts for two-fifths of the nation’s greenhouse gas output, may execute its plan either independently or through a partnership. A few months ago, South […]

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China Surpasses Germany to Claim #2 in Offshore Wind Rankings

China has overtaken Germany as the world’s second largest offshore wind market with 7.9 GW of operational capacity, shows a new Global Offshore Wind report. The World Forum Offshore Wind’s first semi-annual report for 2021 also finds that global offshore wind installations reached 34,137 MW at the end of June. This demonstrates a slowdown in […]

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China’s Goldwind Earns 292.3 M Net Profit in H1 FY21

Beijing-based wind turbine manufacturer Goldwind has released interim results for 2021, reporting a net profit of around CNY 1.9 billion ($292.3 million) in the first half of the financial year. Officially known as Xinjiang Goldwind Science & Technology Co., Ltd., this state-owned multinational realised revenue of CNY 17.85 billion in H1 FY21. Gross profit was CNY 4.919 billion, […]

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MSEDCL Issues Tenders for 800 MW Wind Projects

The Maharashtra State Electricity Distribution Company (MSEDCL) has recently issued two requests for selection (RfS) to procure 500 MW of wind power from intra-state wind power projects and 300 MW of wind power from new grid-connected inter-state and intra-state wind projects. In total, MSEDCL will procure 800 MW wind power on a long-term basis through […]

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SECI Discovers Rs 2.34 Price In 1200 MW Solar Wind Hybrid Auction

NTPC Limited, NLC India, Mission Ten Renewable Energy (Ayana Renewable Energy), and Azure Energy emerged as the winners in the Solar Energy Corporation of India’s (SECI) auction for 1,200 MW solar-wind hybrid projects (Tranche-IV) related to the Interstate Transmission System (ISTS). The final winning bid was at Rs 2.34/unit. Bids by other majors like ReNew […]

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48 MW Scottish Offshore Wind Project Fully Installed

The 48MW Kincardine Offshore Wind project, touted as “the world’s largest installed floating offshore wind farm,” has been fully installed now. It is expected to generate enough electricity to power approximately 55,000 Scottish households. Last year, Scotland narrowly missed a target to generate the equivalent of 100% of its electricity demand from renewables. The figure […]

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Norwegian Company gets €957,000 Grant for Mobile Offshore Wind Units

Norwegian offshore drilling contractor Odfjell Oceanwind has been awarded a NOK 10 million (EUR 957,000) pre-project grant from Enova, Norway’s fund for climate and energy technologies, for maturing its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for electrification of oil and gas installations. The grant is awarded under Enova’s full scale innovative […]

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10% Hike in Store for Wind Turbine Prices, says WoodMac

According to new analysis from Wood Mackenzie, wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges. As noted in a recent Wood Mackenzie report, a rise in steel, copper, aluminium, and fibre prices, coupled with […]

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MNRE Issues RLMM List For Wind Turbines

The Revised list of models and manufacturers (RLMM) for Wind turbines in India has none of the surprises one associates with the ALMM (Approved list of Module Maufacturers) list for solar producers. For where the ALMM list is restricted to domestic manufacturers for now, the RLMM list has as many as 9 out of 14 […]

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