wind energy

Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure

The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […]

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Global Offshore Wind Capacity to Cross 81 GW by 2024

The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […]

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Suzlon Wins IMC Ramakrishna Bajaj National Quality Award

Suzlon Global Services Limited (SGSL), has won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. Suzlon Global Services Limited (SGSL), a 100% subsidiary of Suzlon Energy Ltd. won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. The stringent assessment […]

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Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea

The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […]

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Germany Met 65% of its Weekly Energy Demands From Renewables 

Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […]

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MNRE Introduces New Mode-7 For Development of RE Parks

A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […]

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Nordex Bags Orders in Luxembourg and Italy

European wind energy major, Nordex group has received its first order from Luxembourg, for a 23 MW project. The manufacturer will be supplying seven N131/3300 turbines for the “Wincrange” wind farm. The customer is PW34 S.a.r.l., a project development company based in Derenbach. In addition, the Nordex Group has concluded a Premium Service Agreement covering […]

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Ingeteam Commissioned 4 GW of Wind Converters in 2018

The Group closed the year with a 15% increase in turnover compared to 2017. Ingeteam Power Technology announced that it contracted over 4GW of wind energy converters globally in 2018. With a total of 45GW installed capacity to date, the company remains the unchallenged independent number one supplier of wind power converters in the world. “The […]

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