Author: Ayush Verma

Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog

Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […]

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Energy Vault Gets $110 mn Investment From Softbank Vision Fund

Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […]

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REC Group and Meyer Burger Sign MoU for Strategic Collaboration

REC Group has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. Following the successful launch of its groundbreaking Alpha solar panel at Intersolar in Munich in May 2019. The REC Group, one of the leading European brands for solar photovoltaic panels has announced that it has signed a memorandum of understanding […]

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Solar Plates on all Government Installations: Bihar Deputy CM

Bihar Deputy CM Sushil Kumar Modi has said that solar plates will be installed on government installations to promote solar power generation in the state. Bihar Deputy Chief Minister Sushil Kumar Modi has said that solar plates will be installed on government installations to promote solar power generation in the state. “A tender has been floated to install 250 MW solar power […]

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Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter

Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […]

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Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018

A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […]

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Yingli Supplies 110 MW Solar Panels to Solaria for 3 Projects

Yingli Green Energy, through its wholly-owned subsidiary Yingli Europe, has supplied 110 MW of polycrystalline solar panels to Spanish operator Solaria Yingli Green Energy Holding, one of the world’s leading solar module manufacturers, has announced that its wholly-owned subsidiary Yingli Europe has supplied 110 MW of polycrystalline solar panels to Spanish operator Solaria Energía y […]

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E.ON Announces 440 MW Wind Project in Texas Worth $500 MN

E.ON has announced what is its largest single-phase project to date, the 440 megawatts (MW) onshore wind farm, Big Raymond in Texas German energy utility firm E.ON has announced what is its largest single-phase project to date, the 440 megawatt (MW) onshore wind farm, Big Raymond in Texas. The project will be developed in the […]

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